What is the Federal Acquisition Streamlining Act (FASA)?
The Federal Acquisition Streamlining Act (FASA) is a significant piece of legislation enacted in 1994 aimed at reforming the federal procurement process. The primary goal of FASA was to simplify and streamline the acquisition procedures used by the federal government, making it easier and more efficient for government agencies to purchase goods and services. This act was part of a broader effort to reduce bureaucratic red tape, lower costs, and improve the speed and effectiveness of government procurement.
Key Features of FASA
Simplification of Procurement Processes
FASA introduced several measures to simplify the procurement process, including the use of commercial practices and standards. By aligning federal procurement more closely with commercial practices, FASA aimed to reduce the complexity and cost associated with government contracting.
Increased Use of Commercial Items
One of the key components of FASA was the encouragement of using commercial items in federal procurements. This shift was intended to leverage the efficiencies and innovations found in the commercial sector, thus benefiting government operations.
Micro-Purchase Threshold
FASA established a micro-purchase threshold, allowing government agencies to make small purchases with minimal administrative burden. This threshold facilitated quicker transactions and reduced paperwork for low-value procurements.
Streamlined Contracting Procedures
The act introduced simplified procedures for acquiring goods and services, particularly for contracts below certain dollar thresholds. These streamlined processes aimed to reduce the time and cost involved in awarding contracts.
Electronic Commerce
FASA promoted the use of electronic commerce in federal procurement, encouraging the adoption of electronic data interchange (EDI) and other technologies to improve efficiency and reduce costs.
Impact of FASA
The implementation of FASA has had a lasting impact on federal procurement. By reducing regulatory burdens and encouraging the use of commercial products and practices, FASA has helped government agencies achieve more efficient and cost-effective procurement processes. This legislation paved the way for further reforms in government contracting, influencing subsequent acts and policies.
