The Federal Acquisition Regulation (FAR) Council issued a Proposed Rule November 29^th that would increase the Micro Purchase Threshold (MPT) to $15,000 and the common Simplified Acquisition Threshold (SAT) to $350,000.  The intent of the rule is to have dollar thresholds reflect increases in inflation and enable government buyers to continue taking advantage of streamlined acquisition methods where possible.  At the same time, however, Congress may include provisions in the FY’25 Defense Authorization Act that increase the MPT to $25,000 and the SAT to $500,000.  While each of these would be a more meaningful increase, it is good to see an area of agreement on implementing common sense acquisition changes.  Contractors and their customers would benefit from either set of proposed increases, though it is worth noting that “simplified” is a relative term in government acquisition.  There are also other changes included in the proposed rule of which industry should take note. The 8(a) sole source contract award level would increase from $25 to $30 million. Multiple.  Companies of all sizes should be aware of this and ensure that their 8(a) partnerships are current.  Women-Owned Small Business, HUBZone, and Service-Disabled Veteran Owned Small Businesses would also see increases in set-aside dollar thresholds.    Comments on the rule are due January 28^th.  While these proposed changes are a step in the right direction, a larger discussion is needed on Capitol Hill about rescinding laws that apply to commercial item acquisitions.  Most rules, the FAR Council pointed out, stem from laws passed by Congress and would require legislation to repeal.   The Office of Management and Budget should also be engaged in the streamlining effort.  There is still plenty of opportunity to improve acquisition rules, especially for commercial item and service acquisitions.  The transition is a great time for these discussions and industry should make sure that their voices are heard by policy makers.