Where federal contract spending in the form of buys made using the Simplified Acquisition Procedures and the Commonwealth of Kentucky are concerned, twenty-seven contracting offices located in Kentucky (from four departments) have obligated $58 million so far. On the other hand, when the place of performance is Kentucky, 472 contracting offices from 27 departments and agencies have obligated $91 million so far. I’ll discuss this and a lot more next week in Lexington, KY at the government contracting conference on 8/27 hosted by the Kentucky PTAC. Hope to see you then!
– Guy Timberlake
Finding and Winning Simplified Acquisitions to Grow Your Business!
(two sessions with Kentucky PTAC August 27th at Frankfort Convention Center)
In the course of spending hundreds of billions of dollars each fiscal year, federal agencies leverage a number of procurement methods to purchase goods and services to support operational needs. One of the easiest and more efficient methods (by design) is known as the Simplified Acquisition Procedures or SAP.
The Simplified Acquisition Procedures are used by over sixty (60) federal agencies, boards and commissions, and represents one of the few areas of government spending realizing consistent increases. In fact, while the overall government spend has decreased by nearly $100 billion from FY2010 to FY2014, spending under Simplified Acquisitions has increased an average of one billion dollars each fiscal year during the same period. The efficiencies realized by agencies when using this method are the very reason Congress has proposed language
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