Federal and state procurement thresholds
Procurement
Procurement thresholds determine what action is required based on the estimated cost of the item being procured. If an item is estimated to exceed a certain amount, it is important for the subrecipient to ensure they comply with that threshold’s requirements. If your purchase exceeds the procurement threshold, PTN must give concurrence to the procurement prior to the issuance of a solicitation.
Therefore, when conducting a transit-related procurement within the state of Texas, the procureent thresholds are the following:
| Independent Cost Estimate (ICE) | Good/Services Type | Procurement Method |
|---|---|---|
| Over $250,000 | All Types | Formal Solicitation |
| $10,001-$249,999 | Non-standarized goods/services, detailed/complex specifications or professional licenses required. | Formal Solicitation |
| $10,001-$249,999 | Standarized goods/services | Small Purchase |
| $10,000 or less | Standarized goods/services |
Micro-Purchase |
Note: These thresholds reflect state laws, and the micro-purchase threshold is lower than the threshold outlines by the 2 CRF Part 200. For FTA procurement thresholds, see 2 CFR § 200.320.