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The end of the Fiscal Year is upon us, which typically coincides with a flurry of procurement activity and then a wave of bid protests. As most of you know, there are three primary fora for bid protests: procuring agencies, the Government Accountability Office (GAO), and the Court of Federal Claims (COFC). FAR 33.103(e).
And, if bond investors will only purchase Government debt at elevated interest rates, that will influence the interest rates across the wider economy—working against any moves that the Fed. The second problem is that the growing debt hampers any move by the Fed. to stimulate the economy by lowering interest rates.
Jay Blindauer Whether a procurement, grant, or cooperative agreement, [1] if the at-issue arrangement qualifies as a contract, the Government cannot simply cease performing contract payments. Procurement Remedies Starting with a procurement contract, there are multiple recourses to Government non-payment. 2d 151, 164 (D.
13] However, to be clear, the predicate for this being the case is that the procurement must rely upon the debriefing provisions of FAR Subpart 15.5—such 15] Not For All Procurements Just as important as knowing how to get a required debriefing is discerning what is not a required debriefing. 2305(b)(6)(A) and 41 U.S.C.
This compliance headache is shared by procuring Agencies, prime contractors, subcontractors, and supply chain vendors, among others. 14,042 is being implemented by each procuring Agency developing its own FAR Subpart 1.4 Generally, procuring Agencies seem to be adopting the FARC-recommended clause without changes.
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