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Friday Flash 11/08/2024

The Coalition for Government Procurement

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 !

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OMB Memo on Increasing Small Business Participation on Multiple-Award Contracts

Federal News Network

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?

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COVID-era contracting question continues to bedevil the government

Federal News Network

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.

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OMB Memo on Increasing Small Business Participation on Multiple-Award Contracts

The Coalition for Government Procurement

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?

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Government Contracts Issues for a Recession

Procurement Notes

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%

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OMB Issues Command to Increase Small Business Participation on MACs

SmallGovCon

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.

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Remedies When The Government Ceases Paying a Contractor, Grantee, or Cooperatee

Procurement Notes

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.