“I want the House to pass this bill.”

“Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 7283) to amend title 41, United States Code, to amend the time period for certain acquisition-related dollar thresholds. The Clerk read the title of the bill. The text of the bill is as follows:”

“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.”

“I want the House to pass my bill. Right now, the government updates its purchasing rules for inflation every five years. My bill changes that to every three years. This will keep up with price changes, save tax dollars, and make it easier for small businesses to work with the government.”

“Mr. Speaker, I rise in support of my bill, H.R. 7283, the Ensuring Federal Purchasing Efficiency Act. This commonsense, bipartisan legislation is a government procurement reform bill that allows for far more efficient government spending and reduces the burden on small businesses by ensuring they don’t have to navigate different procurement policies from year to year. The Federal Acquisition Council is responsible for making inflation- related adjustments for title 41 purchasing thresholds. Title 41 of the U.S. Code establishes how the Federal Government acquires goods and services. These dollar thresholds define the applicability of different policies, procedures, and restrictions to the procurement of property or services by Federal agencies. Currently, the Federal Acquisition Council makes inflation-related adjustments to purchasing thresholds every 5 years. This bill simply amends title 41, U.S. Code, to require the Federal Acquisition Council to make these adjustments every 3 years, instead of 5, as my good friend from Missouri mentioned. Importantly, this bill does not change the procurement threshold criteria for government agencies. By allowing these inflation-related adjustments to occur more often, it allows Federal acquisitions to better align with purchasing power. In other words, it allows them to be more--say it with me--efficient, something everyone needs more of at this Federal level. Adjusting for inflation on a more frequent basis will save tax dollars spent on administrative costs and will help small businesses by freeing them from navigating different procurement policies every single year. This bill will allow for increased competition to do business with the government and allowing contracting officers to spend more time focusing on larger, more complex procurements. This bill represents part of a suite of procurement-related legislative requests from the administration, specifically the GSA and OMB. Mr. Speaker, I urge my colleagues to support this commonsense, bipartisan legislation to promote more government efficiency.”