Question

In order to use simplified acquisition procedures (SAP), the aggregate value of the acquisition and all its options:

a) Must be less than $150,000
b) Must be less than $250,000
c) Must be less than $500,000
d) Must be less than $1,000,000

Answer 1

Simplified Acquisition Procedures (SAP) require the aggregate value of the acquisition and all its options to be less than $250,000.

Step-by-step explanation:

The correct answer is b) Must be less than $250,000.

Simplified Acquisition Procedures (SAP) are a set of procurement methods that streamline the acquisition process for purchases below a certain threshold. For SAP to be applicable, the aggregate value of the acquisition and all its options must be less than $250,000. This means that the total value of the purchase and any potential additional options cannot exceed $250,000.

For example, if a government agency wants to purchase equipment and the total cost of the equipment and any potential add-ons is $200,000, then they can use simplified acquisition procedures. However, if the total value exceeds $250,000, a different procurement process would need to be followed.