What contract method does the FAR state should be used for purchases of supplies or services not exceeding the Simplified Acquisition Threshold?

The correct answer is centered around the Simplified Acquisition Threshold, which establishes the framework for certain contracting practices. FAR Part 13 outlines the Simplified Acquisition Procedures specifically designed for acquisitions of supplies or services that do not exceed this threshold. This approach aims to reduce the administrative burden and improve efficiency in obtaining goods and services.

Under FAR Part 13, agencies can utilize streamlined processes that allow for quicker procurement actions, enabling them to respond more swiftly to their needs without the more stringent procedures mandated for larger contracts specified in other parts of the FAR. Using FAR Part 13 acknowledges the unique requirements and the relatively low financial risk associated with these smaller purchases, thereby facilitating competition and encouraging participation from a broader range of vendors.

While other options relate to various procurement processes, they do not specifically address the conditions and purposes associated with acquisitions below the Simplified Acquisition Threshold. Thus, the focus on FAR Part 13 is what makes it the appropriate choice in this context.