Discussion · House of Representatives
Eric Burlison Republican
“I want the House to pass this bill. It makes the government adjust its buying rules for inflation every three years instead of every five years. This will save taxpayer money and make it easier for small businesses to compete for government work.”
“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, the Ensuring Federal Purchasing Efficiency Act is a simple, commonsense reform to government procurement. The Federal Acquisition Regulatory Council is required to adjust certain dollar thresholds, such as the simplified acquisition threshold, every 5 years. However, everyone has seen how quickly the value of money can move in just 5 years. This bill would simply require these thresholds to be updated every 3 years instead of every 5 years. These dollar thresholds define the applicability of different policies, procedures, and restrictions to the procurement of property or services needed by Federal agencies to achieve their missions. Raising these dollar thresholds more frequently saves taxpayer dollars on administrative costs and increases competition to do business with the government, especially for small businesses. Mr. Speaker, I urge my colleagues to support this important government efficiency reform legislation, and I reserve the balance of my time.”
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, the Ensuring Federal Purchasing Efficiency Act is a simple, commonsense reform to government procurement. The Federal Acquisition Regulatory Council is required to adjust certain dollar thresholds, such as the simplified acquisition threshold, every 5 years. However, everyone has seen how quickly the value of money can move in just 5 years. This bill would simply require these thresholds to be updated every 3 years instead of every 5 years. These dollar thresholds define the applicability of different policies, procedures, and restrictions to the procurement of property or services needed by Federal agencies to achieve their missions. Raising these dollar thresholds more frequently saves taxpayer dollars on administrative costs and increases competition to do business with the government, especially for small businesses. Mr. Speaker, I urge my colleagues to support this important government efficiency reform legislation, and I reserve the balance of my time.