Update to RCUH’s Micro-Purchase Threshold and Simplified Acquisition Threshold for Federal Contract Funds

Effective October 23, 2020, RCUH’s micro-purchase threshold (MPT) for purchases made using federal contract funds is increasing from $3,500 to $10,000. The MPT for federal contract funds is being raised to meet the $10,000 MPT for all other funds (e.g., federal grant and cooperative agreement funds, non-federal funds), because the $10,000 threshold was recently adopted … Continue reading “Update to RCUH’s Micro-Purchase Threshold and Simplified Acquisition Threshold for Federal Contract Funds”