Procurement Reform: Competition and Notice Under the Federal Acquisition
Streamlining Act of 1994 (Testimony, 08/03/95, GAO/T-OGC-95-26).

The Federal Acquisition Streamlining Act of 1994 seeks to simplify the
government's acquisition system by easing restrictions for purchases
under $2,500 ("micro-purchases"), creating a $100,000 simplified
acquisition threshold below which procurements are exempted from several
statutory requirements, and converting the procurement system from a
paper-base system to and electronic-based Federal Acquisition Computer
Network (FACNET).  This testimony focuses on the competition and notice
procedures that will apply to the various dollar categories of purchases
and their interrelationship with FACNET.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  T-OGC-95-26
     TITLE:  Procurement Reform: Competition and Notice Under the 
             Federal Acquisition Streamlining Act of 1994
      DATE:  08/03/95
   SUBJECT:  Federal procurement
             Procurement procedures
             Source data automation
             Competition
             Small business set-asides
             Computer networks
             Small purchases
             Spending legislation
             Procurement regulation
             Cost control
IDENTIFIER:  Federal Acquisition Computer Network
             
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