Question

for all federal purchases above 3000 and under 350000 what type of business is normally chosen as a supplier

Answer 1

Answer:

See explanation below.

Explanation:

Simplified Acquisition Procedures refer to a set of procedures which the government uses for procurement in the United States. This procedure reduces the administrative burden of awarding procurement below a threshold value, which as of 2019 the Simplified Acquisition Threshold was increased from $150,000 to $250,000.

For federal purchases above $3,000 but under $350,000, the government chooses small businesses as the suppliers.