Adjusts the time period for certain acquisition-related dollar thresholds to every 3 years.
The Ensuring Federal Purchasing Efficiency Act modifies the time period for adjusting certain acquisition-related dollar thresholds from every 5 years to every 3 years. This change aims to enhance federal purchasing efficiency by ensuring more frequent updates to these thresholds. The adjustments will begin in 2028 and continue every three years thereafter.
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