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The Department of Veterans Affairs provided Congress with a “long overdue” update Tuesday on efforts to modernize its supplychain, fielding questions from lawmakers about the department’s transparency regarding the plan. The post Congress presses VA on modernization overhaul, supplychain system upgrade appeared first on FedScoop.
The pandemic and its aftermath created a greater awareness of the fragility of global supplychains, and the federal government’s overreliance on adversaries in the supplychain. Two different supplychainsupply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
On October 5, 2023, the Federal Acquisition Regulatory Council (FAR Council) issued an interim Federal Acquisition Regulation rule (FAR rule) that implements the Federal Acquisition SupplyChain Security Act (FASCSA). products and services) and “Covered Sources” (i.e., federal contractors and suppliers).
The pandemic and its aftermath created a greater awareness of the fragility of global supplychains, and the federal government’s over reliance on adversaries in the supplychain. Two different supplychainsupply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
The past few years have highlighted serious deficiencies in prevalent supplychain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supplychain disruptions. Has past performance exceeded a threshold?
On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition SupplyChain Security Act (FASCSA) Orders.” Government supplychain as directed by the Federal Acquisition Security Council (“FASC). In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R.
Adding to this challenge is the current international scenario, including the war in Ukraine, global supplychain disruptions and rising interest rates to combat inflation, which can affect investor appetite for investing in the region and financing its debt. For LAC countries, this threshold is at approximately 53 percent of GDP.
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 supplychains. It ensures that the U.S.
From May to August 2023, the Government passed into law novel supplychain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation.
Natura Furniture , 2021), Belgium ( SNF v. To begin with, vertical agreements at different levels of the supplychain entail a more complex analysis than horizontal agreements between direct competitors. More intrusive scrutiny by national courts on public policy grounds is also apparent elsewhere in Europe.
PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. 1 to implement supplychain security practices when buying information and communications technology (ICT) products and services. 1 to implement supplychain security practices when buying information and communications technology (ICT) products and services.
Companies should make sure they have the appropriate investment of resources for compliance, which likely will require a cross-section of corporate engagement, including information security, legal, compliance, supplychain and business operation stakeholders. Comments on the proposed rule will be accepted until February 26, 2023.
This provision of the NDAA seems targeted at bridging the communication gap between the agencies by requiring that the parties to a proposed transaction over the HSR threshold provide a copy of their HSR filing directly to DoD. The provision also limits non-availability waivers to 36 months.
Companies should make sure they have the appropriate investment of resources for compliance, which likely will require a cross-section of corporate engagement, including information security, legal, compliance, supplychain and business operation stakeholders. Comments on the proposed rule will be accepted until February 26, 2023.
This change in policy comes in the wake of the 2021 Infrastructure Investment and Jobs Act’s Build America, Buy America (“BABA”) provisions, which expanded Buy America coverage broadly in federal financial assistance programs for infrastructure. That general waiver has been in place ever since.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
In February 2021, David got the call that Paws for Purple Hearts had a match for him. For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Suggested thresholds in the ANPRM range from data sets on 100 U.S. His wife urged him to get help.
The Navy’s Program Executive Office for Digital and Enterprise Services (PEO Digital) moved to a portfolio-based management approach in 2021. The proposed changes to the DFARS are primarily to: Add references to the CMMC 2.0
Inflation is generally down from 2021, but is still high in too many places, and is expected to persist in 2023. ” [5] Iron ore prices are down from 2021, but still above 2015-2019 averages. “In percent from June 2021 to June 2022. .” percent from June 2021 to June 2022. Wages and salaries rose 5.7
Feb 2 FAR Interim Rule Implementation of Federal Acquisition SupplyChain Security Act (FASCA) Orders Send member comments to Ian Bell at ibell@thecgp.org by Fri., Covered follow-on contracts include most contracts governed by the Service Contract Act (SCA) that exceed the Simplified Acquisition Threshold, currently set at $250,000.
FAR & Beyond: Thoughts on “What is Fair and Reasonable? Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.” Emphasis added.) See Section 2.
Biden’s Buy American Initiative Background In January 2021, President Biden signed Executive Order 14005, Ensuring the Future is Made in All of America by All of America’s Workers (the E.O.) This increase aligns the DFARS domestic content threshold with that in the FAR. supplychain. supplychain.
The proposed rules relate to Cyber Threat and Incident Reporting and Information Sharing (FAR Case 2021-017) and Standardizing Cybersecurity Requirements for Unclassified Federal Information Systems (FAR Case 2021-019). The comment period for both rules is currently open and is scheduled to close on December 4, 2023.
On October 3, 2023, the FAR Council released two long-awaited proposed rules for federal contractor cybersecurity stemming from the Biden Administration’s Cybersecurity Executive Order from May 2021 (Executive Order 14028). The comment period for both rules is currently open and is scheduled to close on December 4, 2023.
Finally, there is no minimum production (or import) threshold that triggers reporting and no “de minimis” level of PFAS content below which reporting is not required. for one-off imports) and regardless of the level or concentration of PFAS in each piece of equipment.
This is a crucial step in supporting a diverse and resilient federal marketplace, driving cost savings, and improving the overall supplychain. The small business specialist should notify the PCR for any non-set-aside order over a threshold negotiated between the agency and SBA,” the memo added.
This is the thirtieth in a series of Covington blogs on implementation of Executive Order 14028, “Improving the Nation’s Cybersecurity,” issued by President Biden on May 12, 2021 (the “Cyber EO”). 5] Agencies may compete orders on the GSA Schedule 8(a) contract even if the value of the order is below the 8(a) competitive threshold ($4.5
Introduction You’ve probably read your share of legal blogs about the September 9, 2021 COVID-19 vaccine mandate for contractors and subcontractors. This compliance headache is shared by procuring Agencies, prime contractors, subcontractors, and supplychain vendors, among others. If that is your preference, stop reading.
CPI-U Month Increase/Decrease Over Previous 12 Months December 2021 +7.0% November 2021 +6.8% October 2021 +6.2% September 2021 +5.4% August 2021 +5.3% July 2021 +5.4% June 2021 +5.4% May 2021 +5.0% April 2021 +4.2% March 2021 +2.6% February 2021 +1.7% January 2021 +1.4%
As CISA has noted , [an SBOM] has emerged as a key building block in software security and software supplychain risk management. SBOMs are defined by CISA as a formal record containing the details and supplychain relationships of various components used in building software.
The 2021 Executive Order on Improving the Nation’s Cybersecurity laid out directives, with over half of Federal agencies having implemented most of them. ” This proposed rule implements a statutory requirement to adjust acquisition related thresholds every five years to account for inflation.
Day Two – Healthcare Focus November 16, the healthcare focused day, will begin with keynote remarks from the Department of Veterans Affairs’ (VA) Chief Acquisition Officer Michael Parrish on “Modernizing the VA SupplyChain in 2024 and Beyond.” There is a lot to unpack in the proposed rules.
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