OMB Reverses $250,000 Micropurchase Cap
Client Alert | 1 min read | 10.05.05
Apparently out of concern about fraudulent or abusive use, OMB notified federal agencies late October 3 that it has rescinded the recently increased $250,000 limit on hurricane-related transactions that can be made using government purchase cards, returning to the original limits of $2,500 for normal purchases and $15,000 for contingency operations. In a related action, OMB has instituted new government-wide policies to reduce the risk of fraud, misuse, and late payments associated with use of the government-issued cards in "Improving the Management of Government Charge Card Programs," an appendix to OMB Circular A-123.
For more information, please visit: http://georgewbush-whitehouse.archives.gov/omb/circulars/a123/a123_appendix_b.pdf
Insights
Client Alert | 8 min read | 09.09.25
On September 5, 2025, the Federal Trade Commission (“FTC”) withdrew its appeals of decisions issued by Texas and Florida federal district courts, which enjoined the FTC from enforcing a nationwide rule banning almost all noncompete employment agreements. Companies, however, should not read this decision to mean that their noncompete agreements will no longer be subjected to antitrust scrutiny by federal enforcers. In a statement joined by Commissioner Melissa Holyoak, Chairman Andrew Ferguson stressed that the FTC “will continue to enforce the antitrust laws aggressively against noncompete agreements” and warned that “firms in industries plagued by thickets of noncompete agreements will receive [in the coming days] warning letters from me, urging them to consider abandoning those agreements as the Commission prepares investigations and enforcement actions.”
Client Alert | 12 min read | 09.09.25
Client Alert | 7 min read | 09.08.25
California’s Climate Disclosure Laws Continue to Roll Forward
Client Alert | 3 min read | 09.08.25
RADV Audits: Implications and Recommendations for Medicare Advantage Organizations
