Remove 2012 Remove Goods & Services Remove Import
article thumbnail

The Procurement Act 2023’s Kaleidoscopic View of the Public Interest

University of Bristol

The paper will be published in Legal Studies in due course.(*) Public procurement is concerned with the award of contracts for the supply, for pecuniary interest, of goods, services or works to the public sector. It is thus interesting to see how the PA23 has articulated its view of the public interest. Equally, in ss.

article thumbnail

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

Procurement Notes

11] If a Contracting Officer is uncertain as to the proper interest rate to apply, assistance may be obtained from the Department of Treasurys Financial Management Service (FMS) at 1-800-266-9667. [12] 12] The Bureau of the Fiscal Service also offers an online PPA interest calculatoravailable here. [13] Parsons Global Servs.,

article thumbnail

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

Procurement Notes

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] 86] Perhaps most important, “[t]he authority conferred by Pub. Now, compare the foregoing to contractor profits. Arguably, Mr. Tenaglia’s May 25, 2022 memo.