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ARPA Micro-Purchase Threshold

WC
Wil Crawford
Thu, Aug 17, 2023 4:06 PM

Morning folks:

Has anybody's municipality self-certified a higher micro-purchase threshold for their ARPA funds?  Normally, that threshold is $10,000.  But, 2 CFR 200.320(a)(1)(iv) says that non-federal entities can self-certify a higher threshold (up to $50,000) in a few circumstances.  One of those is if the entity undergoes an annual internal risk assessment to "identify, mitigate, and manage financial risks."  Our annual audit contains a risk assessment portion, so I'm inclined to think that we could justify certifying a higher threshold.  Anyone else done this?

Happy day-before-Friday!

Wil M. Crawford
Indian & Environmental Law Group, PLLC
117 S. Ash Street
Ada, OK 74820
Wil@iaelaw.commailto:Wil@iaelaw.com
(580) 453-7051
(918) 948-6190 (fax)
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Morning folks: Has anybody's municipality self-certified a higher micro-purchase threshold for their ARPA funds? Normally, that threshold is $10,000. But, 2 CFR 200.320(a)(1)(iv) says that non-federal entities can self-certify a higher threshold (up to $50,000) in a few circumstances. One of those is if the entity undergoes an annual internal risk assessment to "identify, mitigate, and manage financial risks." Our annual audit contains a risk assessment portion, so I'm inclined to think that we could justify certifying a higher threshold. Anyone else done this? Happy day-before-Friday! Wil M. Crawford Indian & Environmental Law Group, PLLC 117 S. Ash Street Ada, OK 74820 Wil@iaelaw.com<mailto:Wil@iaelaw.com> (580) 453-7051 (918) 948-6190 (fax) [cid:image001.png@01D9D0F9.8DDF5C40] NOTICE: This E-mail (including attachments) is covered by the Electronic Communications Privacy Act, 18 U.S.C. Sections 2510-2521, is confidential and may be legally privileged. If you are not the intended recipient, you are hereby notified that any retention, dissemination, distribution, or copying of this communication is strictly prohibited. Please reply to the sender that you have received the message in error, then delete it.