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Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.
Bulk Trident Shipping Ltd [2022] SGHC 210 (“ Fastfreight ”) at [61]. 2022) 2022/INSC/710 (“ Vidarbha Industries ”) at [78]. Is it necessary or is there any benefit to maintaining a different threshold for a disputed debt(s) covered by an arbitration agreement in contrast to a disputed debt that is not, as Singapore does?
The tribunal in turn issued an Interim Supplemental Award in December 2021 and a Final Supplemental Award in March 2022 (together the ‘Supplemental Awards’). Regarding the two threshold requirements, the Court found that Forbes IP satisfied them because it showed that the parties were the same in parallel proceedings (i.e.,
All this is to be balanced with the desire and right of the claimant to have its claim resolved. However, there remains a lack of clarity as to the threshold of proportionality applied. The article suggests that challenges to LDs under English law have become more difficult. Kluwer Law International.
By 2022, the government has aimed for 33% of all procurement to be done with SMEs, so there’s a long way to go. What might help tip the balance, is a single directory that aggregates all available opportunities and is searchable by government organisation, location and type. In London, that figure is only 9%.
On this topic, Haugeneder discussed one of the Draft Provisions on Procedural and Cross-cutting Issues and emphasised the need to find balance between the right to property and the right of the state to regulate the use of that property. Regarding intra-EU awards, two concurrent decisions by the Paris Court of Appeal in 2022, Strabag v.
decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. Provisional measures can be awarded, applying the classic criteria in arbitration of risk of irreparable harm, chances of success and balance of the parties’ interests.
For example, the submission proposes that the current prohibition under Article 3(1)(b) of the SCM Agreement against conditioning access to subsidies on the satisfaction of local content requirements should not apply to developing country Members, provided that the use of domestic goods does not exceed a threshold to be agreed by Members.
trillion dollars in fiscal year 2022 which amounted to approximately 25% of total gross domestic product. FLSA exemption issues can arise when unpaid furlough periods reduce the compensation level of exempt employees below the threshold required for them to maintain their exempt status under federal, state, or local law.
In September 2022, iron ore was valued at approximately 99.8 ” [6] Turning to labor costs, BLS’ July 2022 Employment Cost Index (“ECI”) revealed that “[c]ompensation costs for private industry workers increased 5.5 percent from June 2021 to June 2022. .” percent from June 2021 to June 2022. percent.” [7]
Summary of DoD’s Final Rule The DFARS rule largely follows the provisions of the FAR final rule published in March 2022 ( discussed here ). This increase aligns the DFARS domestic content threshold with that in the FAR. This “fallback threshold” will remain in effect under both the FAR and DFARS rules until 2030.
And this Spring, contractors and subcontractors have two June filing deadlines to think about—June 21, 2022 for the EEO-1 Report, and June 30, 2022 for the brand new Affirmative Action Program Certification. 115] This year’s deadline is June 30, 2022. Indeed, if you see the geraniums bloom, it is time to think about EEO.
The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms. Significantly, FSS Blanket Purchase Agreements (BPAs), which leverage individual agency requirements, now account for over 53% of the dollar value of orders under the program.
During 2022, evidence of an ongoing relationship between the consultancy firm and the Defendant emerged, and the Claimant raised allegations of fraud against the Defendant regarding its non-disclosure of a conflict of interest during Arbitration A.
Security for costs –– a balancing act Following welcome remarks from Caroline Falconer, Secretary General of the SCC, Dr Baltag introduced the topic of security of costs as being one of the timely topics currently addressed in international arbitration. Stockholm University and member of the Board of the SCC.
While wholesale reform was neither necessary nor desirable, the amendments are significant and strike the right balance by clarifying several key issues that impact international arbitrations (including arbitrations administered by the LCIA).
1] Special Supplemental Benefits for the Chronically Ill (SSBCI) The Balanced Budget Act of 2018 introduced new authorities concerning supplemental benefits that may be offered to chronically ill enrollees in MA plans. Please refer to our January 5, 2023 , November 4, 2022 and May 16, 2022 blog posts for more information.
Jay Blindauer In October 2022, I circulated “ An In-Depth Examination of Inflation Relief for a Government Contractor [.]” December 2022 +6.5% November 2022 +7.1% October 2022 +7.7% September 2022 +8.2% August 2022 +8.3% July 2022 +8.5% June 2022 +9.1% May 2022 +8.6% April 2022 +8.3%
By June 30, 2022 , U.S. But, when balancing the pros and the cons, there is a natural expectation that contractors will accept the mandate, without challenge, so long as there is a financial upside for doing so. 27] Also on October 1, 2021 , the VA , [28] Homeland Security , [29] and NASA [30] issued their FAR deviations.
In addition, VHA aims to continue the practice of achieving cost avoidance while simultaneously balancing clinician considerations for obtaining quality medical/surgical supplies. ” This proposed rule implements a statutory requirement to adjust acquisition related thresholds every five years to account for inflation.
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