Federal Improvement in Technology Procurement Act aims to enhance federal technology procurement.
The Federal Improvement in Technology Procurement Act, also known as the FIT Procurement Act, focuses on improving federal technology procurement processes. It mandates the Federal Acquisition Institute to establish a pilot program for experiential learning within federal credentials programs. The Act increases the simplified acquisition threshold from $250,000 to $500,000 and the micro purchase threshold from $10,000 to $25,000.
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