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 <subject>Federal procurement</subject>
 <subject>Procurement procedures</subject>
 <subject>Source data automation</subject>
 <subject>Competition</subject>
 <subject>Small business set-asides</subject>
 <subject>Computer networks</subject>
 <subject>Small purchases</subject>
 <subject>Spending legislation</subject>
 <subject>Procurement regulation</subject>
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 <title>Procurement Reform: Competition and Notice Under the Federal Acquisition Streamlining Act of 1994</title>
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<abstract>The Federal Acquisition Streamlining Act of 1994 seeks to simplify the
government&apos;s acquisition system by easing restrictions for purchases
under $2,500 (&quot;micro-purchases&quot;), 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.</abstract>
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 <topic>Small business set-asides</topic>
 <topic>Computer networks</topic>
 <topic>Small purchases</topic>
 <topic>Spending legislation</topic>
 <topic>Procurement regulation</topic>
 <topic>Cost control</topic>
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