Remove 2010 Remove Accountability Remove Negotiation
article thumbnail

Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

For example, Liberia’s Amended Public Procurement and Concessions Act (2010) , Section 50, permits the use of restricted bidding under specific conditions. These safeguards are designed to protect the integrity of the procurement process and ensure fairness and accountability. What is a Solicitation Tool?

article thumbnail

Whistleblower Receives $900,000 for Alleging Army Contracting Fraud

Whistleblower Network News

The government alleges that Merrill’s misconduct occurred in 2010 when its subsidiary Merrill Tool and Machine, Inc. This settlement demonstrates our commitment to hold accountable contractors who cause the Government to overpay, and who enrich themselves at taxpayer expense.” Army’s Tank Automotive Command (TACOM). Attorney Dawn N.

Contract 119
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Brexit 2.0: The United Kingdom Leaves the Energy Charter Treaty

Kluwer Arbitration

And so is their interplay (for a more detailed account of the relevant questions, see Kehl & Wuschka, ZEuS 2024 , 59 (67 et seq.)). Indeed, the ECT’s contracting parties had negotiated a “flexibility mechanism” for the modernized ECT. While some of these treaties have already been terminated or are not in force, the majority are.

article thumbnail

2024 PAW: In Search of the Right Balance: The interplay between Human Rights, ESG, Civil Society and Investment Arbitration

Kluwer Arbitration

Suzanne Spears started her presentation by taking a step back to the year 2010 when she had already observed that the biggest challenge facing the investment law regime was how to strike a balance between investment protection and protection of society and the environment. The climate crisis has opened another chapter in this crisis.

Balance 52
article thumbnail

SBA initiates ‘seismic shift’ in small business contracting

Federal News Network

In fiscal year (FY) 2023, set-aside awards accounted for 65% of contracting dollars awarded to small businesses, the highest percentage since data became available in 2010. But at the same time, SBA said in 2022 that agencies since 2010 have seen about a 40% decrease in the number of small businesses receiving prime contract awards.

Contract 111
article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

It is the difference between that which a facility could achieve under 100 percent operating time on a one-shift basis, less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays, and the extent to which the facility was actually used to meet demands during the accounting period.” [134]

article thumbnail

An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

That way, price adjustments can expediently be made, and contract performance can progress, without the contracting office and the contractor driving themselves mad over constant accounting drills. Which is not what the parties want to do for a fixed-price contract. 1) A FAR EPA clause cuts both ways.