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41 U.S.C. § 134Simplified acquisition threshold

submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 10 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law sets the "simplified acquisition threshold" at $250,000. That definition applies within division B of this title.

This section gives one definition. It applies within "division B" of this title. Wherever division B uses the phrase "simplified acquisition threshold," that phrase means exactly $250,000. This section does not say anything about what the threshold is used for — only what the dollar amount is.
the actual law source: uscode.house.gov ↗public domain

In division B, the term “simplified acquisition threshold” means $250,000.

Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3682; Pub. L. 115–91, div. A, title VIII, § 805, Dec. 12, 2017, 131 Stat. 1456.)

history & why it existsrecord from the source credit
  • 2011Enacted · Pub. L. 111-350 · 124 Stat. 3682
  • 2017Amended · Pub. L. 115-91 · 131 Stat. 1456

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.

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