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Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for the budget and Federal market? Attendees will gain critical insights into: What’s next for the VA budget and healthcare investments? is less than one month away! Thank You Sponsors !
On January 25, 2024, the Office of Management and Budget (OMB) issued a memo to Chief Acquisition Officers and Senior Procurement Executives that encourages procuring agencies to apply the small business rule of two to orders under multiple-award contracts (MACs). Does the memo implement congressional intent?
It is another case of a company trying to recover unanticipated costs under a fixed price contract, costs incurred because of the COVID pandemic. So, in 2010, they had people who are home because of COVID, and they thought they ought to get relief under section 36.10. The case is about jurisdiction, though, and not cost recovery.
On January 25, 2024, the Office of Management and Budget (OMB) issued a memo to Chief Acquisition Officers and Senior Procurement Executives that encourages procuring agencies to apply the small business rule of two to orders under multiple-award contracts (MACs). Does the memo implement congressional intent?
Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%
The memorandum , issued through the Office of Management and Budget (OMB), refers to a number of other policy documents. Perhaps most importantly, OMB has directed federal agencies to apply the small business Rule of Two for all orders, which should has the potential of leading to an increase in small business set-asides.
The Government cannot TFC a contract in bad faith, or as an abuse of discretionsuch as to get a better price, or where the Government formed the contract with no real intention of seeing it through. [59] Generally speaking, the Government seeking to balance the budget is laudable. 3902(c)(3) (emphasis added). [19] See 41 U.S.C.
The office will also be trusted with assessing agencies’ Zero Trust maturity and will partner with the Office of Management and Budget (OMB) to develop metrics and benchmarks for tracking progress.
“This guidance takes an important step in ensuring our diverse base of small businesses have opportunities in a greater diversity of acquisition strategies,” said Small Business Administration Administrator Isabel Casillas Guzman in a blog posted by the Office of Management and Budget today. “By SBA highlighted this problem in May.
That led to the best-in-class notion of winnowing down the acquisition vehicles and encouraging agencies to use those deemed to include the best prices and terms and conditions. Congress reacted with the 2011 Budget Control Act, with its sequestration feature. Government deficit spending, that is. Credit the George W.
In the report, GAO examined every information technology (IT)-related recommendation made to Federal agencies since 2010 to understand barriers to advancing IT systems. Finally, the HUBZone price evaluation preference does not apply in the context of an offer from a mentor protg joint venture involving a large business.
This year’s event will explore the key issues shaping the federal procurement landscape, including agency programs and initiatives, the budget and policy outlook post-election, and what lies ahead for 2025 and beyond. What’s next for the budget and Federal market? on November 20-21 at the Fairview Park Marriott in Falls Church, VA!
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