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This FAR rule implements the requirements of the Federal Acquisition Supply Chain Security Act of 2018 and the Federal Acquisition Security Council (FASC) final rule for complying with exclusion or removal orders.
The change was part of the National Defense Authorization bill back in 2018. I will say the threshold for getting the waiver is pretty high. In addition, this does apply for contracts below the simplified acquisition threshold. And as you noted, this was in the 2018 National Defense Authorization Act. So for services.
Specific procurement requirements, including the dollar value thresholds beyond which a competitive process must be conducted, are typically embedded in internal policies and come from the various free trade agreements designed to eliminate discrimination based on jurisdiction of origin.
Most DoD assessments were found to take place above a threshold of $111.4 DoD’s most recent estimates found that between fiscal years 2018 and 2022, there were approximately 400 M&A occurring each year in the defense industrial base, with an average of 40 M&A assessments per year.
GAO found that DoD reviewed an average of only 40 M&A transactions per year from FY 2018-2022, while it was estimated that approximately 400 such transactions occur annually. Section 862 amends the Small Business Act, specifically 15 U.S.C.
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. treasuries. [13] 13] , [14] Think of it this way.
This FAR rule implements the requirements of the Federal Acquisition Supply Chain Security Act of 2018 and the Federal Acquisition Security Council (FASC) final rule for complying with exclusion or removal orders.
” [23] Data is also provided by occupational group (currently relying on the 2018 Standard Occupational Classification (“SOC”)), industry group (currently relying on the 2017 North American Industry Classification System (“NAICS”)), geographical census division (there are nine (e.g., increase in wages/salary, and a 4.8% Canada, U.K,
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