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The public works department at your Federal facility needs to buy repair parts for a water fountain in the building. The parts will cost about $100 and can be bought at Nuts-n-Bolts Hardware. Which method of purchase is preferred?

a) Micro-purchase method
b) Simplified acquisition procedures
c) Sealed bidding
d) Contracting by negotiation

1 Answer

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Final answer:

The micro-purchase method is the preferred method for buying $100 worth of repair parts for a Federal facility water fountain, as it is suited for quick acquisitions of low-value items.

Step-by-step explanation:

For the purchase of water fountain repair parts costing around $100 at a Federal facility, the preferred method of purchase would be the micro-purchase method. This method is designed for small purchases typically under $3,000 and allows for a simple and quick procurement process.

It is particularly suited for low-value items, enabling government buyers to acquire goods efficiently and with minimal administrative burden compared to other methods like simplified acquisition procedures, sealed bidding, or contracting by negotiation, which are more complex and often used for larger purchases.

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