What is one primary objective of FAR part 13's Simplified Acquisition Procedures?

The primary objective of FAR Part 13's Simplified Acquisition Procedures is to reduce administrative costs and promote efficiency in the procurement process. This part of the Federal Acquisition Regulation (FAR) is designed to enhance the acquisition of goods and services by simplifying the purchasing process, particularly for smaller purchases. By minimizing the bureaucratic requirements associated with larger contracts, these procedures allow for quicker decision-making and lower overhead costs, thus enabling agencies to respond swiftly to their needs while maintaining compliance with applicable regulations.

This approach not only streamlines operations but also encourages competition and participation from various vendors, which can include small businesses, thereby fostering a diverse marketplace. Whereas the other choices suggest objectives that contradict the intent of simplified acquisition, such as limiting participation or focusing exclusively on larger contractors, the correct focus on efficiency aligns well with the broader goals of effective and responsible spending in federal procurement.