OPENING THE RECORD
OPENING THE RECORD
H.R. 7283 · 119TH CONGRESS
This has not become law. Both chambers must pass the same text before sending it to the president. How a bill becomes law.
CONGRESSIONAL RESEARCH SERVICE
Ensuring Federal Purchasing Efficiency Act
This bill requires the Federal Acquisition Regulatory Council to adjust certain acquisition-related dollar thresholds for inflation every three years instead of every five years.
For example, the federal government uses less complex procedures for the purchase of property and services valued below the simplified acquisition threshold. Under the bill, this threshold would be adjusted for inflation every three years.
Written by the Congressional Research Service for this version of the bill. Later versions may differ. Read at Congress.gov.