### Question
How is the "small purchase" defined?


### Answer
The term **small purchase** is defined in *49 U.S.C. § 5323* as follows -

> a purchase of not more than $150,000

#### Citation:
  - *49 U.S.C. § 5323*
  - Heading: **SUBTITLE III-GENERAL AND INTERMODAL PROGRAMS > CHAPTER 53-PUBLIC TRANSPORTATION**

