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Search Results: keywords:"procurement thresholds"

  • H.R. 9595, titled the "Federal Improvement in Technology Procurement Act" or the "FIT Procurement Act," aims to improve how the U.S. federal government buys technology. The bill seeks to enhance the skills of the federal acquisition workforce through new training programs and...

    Simple Explanation

    The Federal Improvement in Technology Procurement Act wants to make it easier and better for the U.S. government to buy new technology by teaching the people in charge how to do it well and giving small businesses a fair chance to join in. It changes some rules to allow bigger purchases without extra steps, but it doesn't ask for more money to make these changes happen.