Procurement Standards 2026: What You Need To Know WEBCAST
Overview
Federal procurement requirements under the Uniform Guidance were significantly revised effective October 1, 2024, introducing new expectations for procurement methods, internal controls, contractor oversight, and domestic sourcing preferences. This session will provide grant recipients and subrecipients with practical guidance on implementing compliant procurement procedures under 2 CFR SS200.317-200.327 and aligning procurement policies with updated federal standards, and thresholds from the FAR. Attendees will learn how to strengthen procurement documentation, apply revised competition requirements, and prepare for federal agency or Single Audit procurement system reviews. This session provides the regulatory application to develop your own SOP.
Highlights
Updated micro purchase and simplified acquisition thresholds as of October 2025. General procurement standards under 2 CFR S200.318. Informal and formal procurement methods under S200.320. Competition requirements under S200.319. Domestic preference requirements under S200.322. Contractor oversight and procurement documentation requirements.
Prerequisites
None.
Designed For
Public accountants performing Single Audits; consultants, grant or subaward recipients as nonprofits, hospitals, institutes of higher education, Federal, state, local and tribal units of government, and commercial entities that have awards; grants administrators, principal investigators, program personnel, legal, accounting and finance personnel.
Objectives
Identify key changes to procurement standards under the October 1, 2024 Uniform Guidance revisions. Distinguish between informal and formal procurement methods based on updated thresholds. Apply internal control and risk based requirements when establishing procurement thresholds. Incorporate domestic preference requirements into procurement policies and contracts. Perform required cost or price analyses for procurements exceeding the Simplified Acquisition Threshold. Monitor vendor performance throughout the procurement lifecycle.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Paul Calabrese, BPN Inc
As a senior manager, Mr. Paul H. Calabrese provides accounting and consulting services to nonprofit and government contracting clients of the public accounting firm Rubino & Company for the past 30 + years. His area of expertise includes the Uniform Guidance for Federal grants compliance and management with respect to policies and procedures for grants manuals, sub-recipient financial monitoring, training, and the development of over (100) negotiated indirect cost rates from indirect cost rate proposals. On the Federal procurement side, Mr. Calabrese was an auditor for the Defense Contract Audit Agency and was also employed by 3 government contractors to the position of controller.. Mr. Calabrese has considerable experience with the Cost Accounting Standards (CAS) and CAS disclosure statements, Federal Acquisition Regulation Cost Principles (FAR), Department of Defense FAR Supplement.
Non-Member Price $119.00
Member Price $89.00