In order to use simplified acquisition procedures what is the aggregate value of the acquisition and all its options?

To use simplified acquisition procedures, the aggregate value of the acquisition and all its options must not exceed $250,000. This threshold is set by the Federal Acquisition Regulation (FAR) and applies to most federal procurement actions. If the total exceeds this limit, more formal procurement methods are required. Always check for any updates or changes to these thresholds, as they can vary based on specific circumstances or regulations.