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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

The threshold challenge here is to ensure that there is sufficient information in the marketplace to make this kind of requirement workable. Conclusion When the UNCITRAL model procurement law and its Guide to Enactment were concluded in 2012, “green procurement” was just emerging as a critical global imperative.

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Government Contracts Issues for a Recession

Procurement Notes

will eventually ease monetary conditions to influence a lowering of interest rates. [15] And, if bond investors will only purchase Government debt at elevated interest rates, that will influence the interest rates across the wider economy—working against any moves that the Fed. 182, 191 (2012). treasuries. [13] 110] Salazar v.

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QICCA’s Arbitration Evolution: Key Changes for Practitioners

Kluwer Arbitration

This clarification ensures arbitration agreements can extend beyond the original signatories, offering more flexibility compared to the 2012 Rules. Future adjustments to QICCA’s threshold remain to be seen. Tribunals, once constituted, are also empowered to order joinder under similar conditions.

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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] Seasonal adjustment removes the effects of recurring seasonal influences from many economic series, including consumer prices.