The Software and Information Industry Association (SIIA) submitted comments on FAR Case 2024-001, emphasizing strong support for increasing the Micro-Purchase Threshold (MPT) and Simplified Acquisition Threshold (SAT). These adjustments are critical to enhancing government efficiency, fostering innovation, and enabling greater engagement with small businesses and startups. By reducing administrative barriers and promoting rapid adoption of emerging technologies like AI and cloud computing, the proposed changes will streamline procurement processes and expand opportunities for diverse vendors.
SIIA also highlights the significant cost savings, risk mitigation, and flexibility these increases would bring, ensuring taxpayer dollars are used effectively while modernizing federal technology acquisition. The association calls for further legislative and regulatory action to maximize the benefits for government agencies and the tech industry alike.
