Can a contract valued above the $700,000.00 be administered by a contracting Officer with a warrant limited to simplified acquisitions.
Warrant requirements and restrictions are set at organizational (e.g., service or agency) level, so you would have to read your agency regulation or ask the Contract Policy office for a final determination. That said, a contracting officer with a warrant only up to the SAT could theoretically administer a contract valued above $700,000, but cannot perform certain contracting officer actions (such as obligate funds or sign J&As) for values above $150,000 during administration of the contract. In addition, someone with a limited warrant may not be able to officially close out a higher value contract if the organization's warrant authority limitations also apply to all administrative functions (not involving obligation of funds) for which contracting officers are responsible.
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