Good afternoon all,

We are a non-profit and I am trying to reconcile our internal procurement policy's  bid requirement with federal bid requirements.  If one were to look at OMB A110 .44 it states the current threshold of small purchases at $25k but references 41 USC 403 (11) which states a threshold of $100k as of '94(?).   Am I reading this correctly?  I have searched archives of RESADM but haven't yet seen or understood the resolution.

As an aside and as a frequent xcell user, I've just now recognized the unfortunate naming of federal guidelines as 'circular's.

Regards,
John

John Corcoran
Assistant Director, Restricted Funds
Finance Office
American Museum of Natural History
Central Park West @ 79th Street
New York, NY 10024
212.769.5102

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