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How South Korea enables its green transition through green public procurement

Open Contracting Partnership

South Korea has been a pioneer of green public procurement (GPP) since 2005 , when the Environment Ministry enacted legislation mandating government agencies to buy “green products” whenever possible. This allows organizations such as the Korea Institute of Procurement (KIP) to analyze the impact of the reforms.

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2023 Year in Review: Switzerland (Part I: Scope of Arbitration Clause, Capacity of Discernment, Res Iudicata)

Kluwer Arbitration

initiated arbitration proceedings against the Republic of South Sudan on 26 July 2018, demanding payments of USD 3 billion. With a partial award of 10 November 2022, the sole arbitrator declared that it had jurisdiction, following which the Republic of South Sudan appealed to the SFSC, demanding that the partial award be set aside.

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Government Contracts Issues for a Recession

Procurement Notes

8] That is, lending out money for a longer time period increases the return—because more can be done with the money, and an investor demands a better yield for the prolonged risk and opportunity cost of the longer commitment. [9] 12] Conversely, because demand is dropping on the shorter term T-bills, the U.S. treasuries. [13]

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

Procurement Notes

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. Parsons Global Servs.,

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

Procurement Notes

1] Similarly, the BLS September 14 Producer Price Index (“PPI”) Summary states that “[o]n an unadjusted basis, the index for final demand moved up 8.7 According to Deltek’s 2022 Government Contracting Industry Study , in 2021, “[m]edian profit margin was higher (15%) compared with what has been observed since 2012 (6-10%).” [10]

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Friday Flash 10/27/23

The Coalition for Government Procurement

Effective communication between government officials and industry partners is of paramount importance in fostering a thriving procurement landscape. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. government should be careful in its procurement and use of these tools.

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Government Contracts Inflation Update

Procurement Notes

Since at least January 2012, the Federal Reserve System’s Federal Open Market Committee (“FOMC”) has maintained that a 2% inflation rate is optimal for maximizing employment and keeping prices stable. [6] 16] In view of the foregoing, BLS’ March 15, 2023 PPI summary stated that, “[o]n an unadjusted basis, the final demand index rose 4.6