Adjustments to certain acquisition thresholds

(a) Major program Section 3041 of title 10, United States Code, is amended— (1) in subsection (c)(1)— (A) in subparagraph (A), by striking $115,000,000 (based on fiscal year 1990 constant dollars) and inserting $275,000,000 (based on fiscal year 2024 constant dollars); and (B) in subparagraph (B), by striking $540,000,000 (based on fiscal year 1990 constant dollars) and inserting $1,300,000,000 (based on fiscal year 2024 constant dollars); and (2) in subsection (d)(1), by striking $750,000 (based on fiscal year 1980 constant dollars) and inserting $5,000,000 (based on fiscal year 2024 constant dollars). (b) Use of procedures other than competitive procedures Section 3204(e)(1) of title 10, United States Code, is amended— (1) by striking $10,000,000 each place it appears and inserting $100,000,000; (2) by striking $75,000,000 each place it appears and inserting $500,000,000; and (3) in subparagraph (B)(i), by striking $500,000 and inserting $5,000,000. (c) Simplified procedures for small purchases Section 3205(a) of title 10, United States Code, is amended— (1) in paragraph (1), by striking simplified acquisition threshold and inserting threshold specified in section 3571(a) of this title; and (2) in paragraph (2), by striking $5,000,000 and inserting $50,000,000. (d) Multiyear contracts Section 3501 of title 10, United States Code, is amended— (1) by striking $500,000,000 each place it appears and inserting $1,000,000,000; (2) by striking $100,000,000 each place it appears and inserting $150,000,000; and (3) by striking $20,000,000 each place it appears and inserting $50,000,000. (e) Simplified acquisition threshold Section 3571(a) of title 10, United States Code, is amended— (1) by inserting (1) before For purposes of acquisitions; (2) by striking as specified in section 134 of title 41 and inserting $10,000,000; and (3) by adding at the end the following new paragraph: (2) In the case of any contract to be awarded and performed, or purchase to be made, in support of a contingency operation or a humanitarian or peacekeeping operation, the simplified acquisition threshold means an amount equal to two times the amount specified in paragraph (1).. (f) Micro-Purchase threshold Section 3573 of title 10, United States Code, is amended by striking $10,000 and inserting $100,000. (g) Modifications to submissions of cost or pricing data Section 3702(a) of title 10, United States Code, is amended— (1) in paragraph (1)— (A) by striking June 30, 2018 each place it appears and inserting June 30, 2026; (B) in subparagraph (A), by striking $2,000,000 and inserting $10,000,000; and (C) in subparagraph (B), by striking $750,000 and inserting $2,000,000; (2) in paragraph (2), by striking $2,000,000 and inserting $10,000,000; and (3) in subparagraph (3)(A), by striking $2,000,000 and inserting $10,000,000. (h) Major defense acquisition programs; definitions; exceptions Section 4201(a)(2) of title 10, United States Code, is amended— (1) in subparagraph (A), by striking $300,000,000 (based on fiscal year 1990 constant dollars) and inserting $1,000,000,000 (based on fiscal year 2024 constant dollars); and (2) in subparagraph (B), by striking $1,800,000,000 (based on fiscal year 1990 constant dollars) and inserting $5,500,000,000 (based on fiscal year 2024 constant dollars).