Contents. 1  adjective (5) first class (1) first class (2) first class (3) first class (4) first class (5) 2  adverb (2) first class (1) first class (2) 3  noun (3) first class (1) first class (2) first class 4  (3) British. 5  American. Business.
Simplified Acquisition Threshold (SAT): $150,000 for non-commercial purchases. 1. Micro-Purchase: Purchases which do not exceed the Micro-Purchase threshold. Micro-Purchase Threshold: 2. $3,000 for Supplies: $2,500 for Services. $2,000 for Construction . 1Note: SAPs awarded in Micro-purchase to $150K range are reserved for Small Businesses
(2) In sealed bidding acquisitions, each invitation for bids to perform a contract or contract modification, that individually is expected to exceed $700,000 ($1.5 million for construction) and that has subcontracting possibilities, shall require the bidder selected for award to submit a subcontracting plan.