What is the maximum amount for small purchases from commercial services?

Prepare for the Navy Logistics Specialist Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The maximum amount for small purchases from commercial services is typically set at $25,000. This threshold is defined to streamline procurement processes, allowing service branches to acquire goods and services quickly without going through the more complex and time-consuming competitive bidding processes that higher-value acquisitions require. The small purchase threshold can vary by agency and may be updated periodically, but in the context of the Navy and the guidelines generally followed by federal agencies, the $25,000 limit is well-established for many types of minor procurement activities. This allows for greater efficiency while still ensuring appropriate oversight for expenditures within the armed forces.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy