A bill to improve the Federal procurement system by providing an alternative simplified procurement method for competitively negotiating procurements of less than $5 million.
Simplified Competitive Acquisition Technique Act of 1986 - Amends the Office of Federal Procurement Policy Act, the Small Business Act, and the Federal Property and Administrative Services Act of 1949 to revise certain contracting procedures for services costing less than $5,000,000 by shortening procurement notice deadlines. Declares that protests against procurements conducted under this Act shall be filed first with the agency contracting officer. Prohibits agencies from obtaining preaward audits for procurements under this Act.
Introduced in Senate
Read twice and referred to the Committee on Governmental Affairs.
Referred to Subcommittee on Oversight of Government Management.
Committee on Governmental Affairs. Hearings held.
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