A bill to increase the micro-purchase threshold for universities, independent research institutes, and non-profit research organizations.

Bill: 114-s-2973
Sponsor: full_name: Sen. Inhofe, James M. [R-OK]
Introduced: 2016-05-23
Policy area: Government Operations and Politics
Subjects: Buy American requirements

Higher education

Military procurement, research, weapons development

Minority and disadvantaged businesses

Minority education

Public contracts and procurement

Research administration and funding

Small business
Latest action: action_date: 2016-05-23
text: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Summaries:
action_date: 2016-05-23
action_desc: Introduced in Senate
text: <p>This bill increases the micro-purchase threshold for activities by institutions of higher education, nonprofit research organizations, or independent research institutes under federal procurement contracts, grants, or cooperative agreements to: (1) $10,000; or (2) a higher threshold determined by the head of the relevant executive agency consistent with clean audit findings, internal institutional risk assessment, or state law. Micro-purchases at or below the threshold are exempt from certain: (1) requirements under the Small Business Act and contracting goals of the Department of Defense, the U.S. Coast Guard, or the National Aeronautics and Space Administration (NASA) to award contracts to small businesses owned and controlled by socially and economically disadvantaged individuals, historically black colleges and universities, or other minority institutions; (2) competitive quotation and price evaluation standards; and (3) Buy American requirements for the use of supplies manufactured in the United States.</p>

tv_txt: II 114th CONGRESS 2d Session S. 2973 IN THE SENATE OF THE UNITED STATES May 23, 2016 Mr. Inhofe (for himself and Mr. Markey ) introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs A BILL To increase the micro-purchase threshold for universities, independent research institutes, and non-profit research organizations.

1. Micro-purchase threshold for universities, independent research institutes, and non-profit research organizations Section 1902 of title 41, United States Code, is amended— (1) by amending subsection (a) to read as follows: (a) Definition (1) Procurements in general Except as provided in paragraph (2), for purposes of this section, the micro-purchase threshold is $3,000. (2) Procurements involving universities, independent research institutes, and non-profit research organizations For purposes of this section, the micro-purchase threshold for procurement activities administered under sections 6303 through 6305 of title 31, United States Code, by institutions of higher education (as defined in section 101(a) of the Higher Education Act of 1965 ( 20 U.S.C. 1001(a) )), or related or affiliated nonprofit entities, or by nonprofit research organizations or independent research institutes is— (A) $10,000; or (B) such higher threshold as determined appropriate by the head of the relevant executive agency and consistent with clean audit findings under chapter 75 of title 31, United States Code, internal institutional risk assessment, or State law. ; and (2) in subsections (d) and (e), by striking not greater than $3,000 and inserting with a price not greater than the micro-purchase threshold .