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Transforming Procurement - What Can Universities Expect?

VWV

However, the big announcement in 2021 was that the introduction of a new procurement regime is unlikely to come into effect until 2023. At the end of 2021, the Government published its response to the consultation process. Of the nine PPNs published in 2021, six apply to universities as part of the wider public sector.

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Will U.S. Lawmakers Find Common Ground to Enact De Minimis Reform in 2024?

Import and Trade Remedies

114-125 ) to increase the de minimis threshold for imports into the United States from $200 to $800, far exceeding similar thresholds in other countries globally. e-commerce imports by quantity, increasing by 88 percent from 2018 to 2021, and constituting 83 percent of total U.S. e-commerce imports in fiscal year 2022.

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FAR Council Issues Interim Rule Outlining Procedures Relating to Excluded Covered Articles and Sources

Inside Government Contracts

FASCSA Regulations At its core, the FAR rule outlines a standard approach for contracting agencies and contractors to follow to comply with FASCSA statutory requirements and implementing FASCSA regulations that the Federal Acquisition Security Council (FASC) finalized in 2021. federal contractors and suppliers). 26, 2021).

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Trade Agreements and Country of Origin: What You Need to Know

Public Contracting Institute

The TAA applies to procurements above certain dollar thresholds. In 2021, a new law called the Infrastructure Investment and Jobs Act made these rules even stronger. This can present significant challenges for suppliers and contractors, especially in industries with complex global supply chains. It ensures that the U.S.

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Procurement, State Aid, and the Brexit Transition - What Happens Now?

VWV

For contracting authorities and suppliers bidding for public sector contracts, the procurement rules remain largely unchanged, at least for the moment. The current procurement thresholds will remain in force. The EU State aid regime together with any exemptions that applied are revoked by legislation with effect from 1 January 2021.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. For example, nearly half (43.9%) of CPOs responding to a recent survey by Ardent Partners indicated that they do not know what percent of their suppliers are high risk. Has past performance exceeded a threshold?

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Interim Rule Effective in December Establishes Requirements for Contractors to Remove Identified Products and Services from the U.S. Government Supply Chain

Government Contracts & Investigations

In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R. This reasonable inquiry requirement will require contractors to have in place processes to not only identify their own covered articles, but also the use or provision of such articles by subcontractors and suppliers.