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This image is excerpted from a U.S. GAO report: <a href="http://www.gao.gov/products/GAO-15-8" rel="nofollow">www.gao.gov/products/GAO-15-8</a>

MARKET RESEARCH: Better Documentation Needed to Inform Future Procurements at Selected Agencies

a) The simplified acquisition threshold is generally $150,000.

b) Bundling refers to the consolidating of two or more requirements for goods or services previously provided or performed under separate smaller contracts into a solicitation for a single contract that is likely to be unsuitable for award to a small business concern.
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Source Figure 1: Market Research and the Acquisition Process
Author U.S. Government Accountability Office from Washington, DC, United States

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Public domain This image is a work of an employee of the Government Accountability Office or a predecessor organization, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain in the United States.
This image was originally posted to Flickr by U.S. GAO at https://flickr.com/photos/58220939@N03/15355757887 (archive). It was reviewed on 2 September 2018 by FlickreviewR 2 and was confirmed to be licensed under the terms of the United States Government Work.

2 September 2018

Public domain This image is a work of an employee of the Government Accountability Office or a predecessor organization, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain in the United States.

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