FY 2018 Federal Grant Purchasing Update
Channel: The Grant Doctors
Date: 2018-08-14

There are a handful standards to follow when purchasing goods and services with federal grants. Some of them might be different than your organization’s current procedures and you may need to update your policies to conform to federal regulations. Our procurement standards video (https://youtu.be/8TWUwjLG5Jo) will give you the basics and point you in the right direction for more information.

This video updates the federal purchasing thresholds for micro-purchases and the Simplified Acquisition Threshold. The amounts are accurate as of the date of this video. They’re adjusted annually. Make sure you check with the Office of Management and Budget for the current amounts. (Link below for the OMB memo authorizing the Federal Fiscal Year 2018 thresholds.)

Our website: https://thegrantdoctors.com

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Slides for this presentation (.pdf): https://thegrantdoctors.com/wp-content/uploads/2019/10/ProcurementUpdateFY18.pdf

OMB memo updating purchasing thresholds for FFY 2018: https://www.whitehouse.gov/wp-content/uploads/2018/06/M-18-18.pdf

Purchasing standards source: 2 CFR 200.317 - 200.326

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