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The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. Two data points help us understand some important facets of federal contracting. Protests of contracts went down last fiscal year. million from $4.5
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 The first part in 2022 went through without issue. The problem was that now, the 2022 contract to Peregrine was about to expire with no successor to take on the data management services. Under 13 C.F.R.
For the former, the information below can serve as a refresher on the basics of economic disadvantage–but also, a source for SBA’s most recent economic disadvantage thresholds (as of 2024, as these are updated periodically for inflation ). What are SBA’s current economic disadvantage thresholds ?
We started discussing the Act back in early 2023 after it was passed in late 2022, and I outlined my predictions at the Court of Federal Claims judicial conference. Here are some initial thoughts on some of the important changes proposed in this rule, as well as a recap of the original statute and my earlier predictions.
IDB staff calculations based on The Conference Board’s Total Economy Database (TED). (*) Data for 2022 is estimated and for 2023 is projected. This effect can be particularly important in countries with scarce physical and human capital. For LAC countries, this threshold is at approximately 53 percent of GDP.
This was (and is) particularly important because of the sudden decision to award directly contracts especially for PPE. It is fair to say I did get some pushback for my view and how that implied an unreasonably high threshold of competence and behaviour by decision makers in the run up to a serious medical emergency.
How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process.
trade actions that have or may impose new or increased tariffs on certain imports of Chinese merchandise and solar products. Section 201 On May 16, 2024, the Biden Administration announced changes to safeguard duties under Section 201 currently in effect on certain solar product imports from numerous countries.
For Mentor-Protégé Agreements entered into after December 23, 2022, the Mentor actually has deadlines to submit data on those items. It is important to note that these are proposed changes, not final. Also, to qualify as a Mentor, a business must show the ability to impart value to a Protégé. So, there is still a period for comments.
In our region and within multilateral developing banks, it is a common practice to rely exclusively on monetary thresholds to decide on selection methods, which can be problematic as it is not the optimal solution for all cases. For LAC countries, digital technologies can be an important ally in achieving this balance. 4] Bandiera, O.,
While we have already posted some updates from 2024, it’s a good time to reflect on the important posts from 2023. It’s a good chance to look back on the important articles from 2023, and those topics of continuing interest to federal contractors. A post from 2022 that is becoming very popular.
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. 10.151), imports that qualify for Section 321 treatment are entered under informal entry procedures, which do not require a U.S.
NITAAC recently announced it obtained 801 certification for fiscal year 2022. But what exactly is 801 certification and why is it so important? To answer that question, let’s start by looking at the National Defense Authorization Act (NDAA). The NDAA is the name for a series of federal laws that determine the annual budget of the U.S.
As per SIAC’s annual report of 2022 , SIAC has received a total of 802 requests for Expedited Procedure since 2010. In 2022 alone, SIAC received 87 requests for Expedited Procedure, of which 48 were accepted. Nevertheless, this is an important factor for parties to consider when seeking consolidation. Draft Rule 14.1(b)
That is important because some judges tend to side with the government and others tend to side with industry so we may be able to discern where this latest set of protests are going.” Should this extension go through, it would push the expiration date of CIO-SP3 more than two years past the original sunset date of May 2022.
The 2023 SCCA Arbitration Rules (commented on in a previous blog post ) increased the threshold amount in dispute for expedited proceedings to approximately USD 1.07 million – a response to the growing criticism directed at DIAC’s significantly lower threshold of around USD 270,000. million in value. 34 of 2021 (“ Decree No.
He emphasised the importance of arbitration to business and society, particularly owing to the present burden on the courts. She also highlighted the high threshold in Denmark to set aside an award based on an arbitral tribunal’s action, especially if such action is covered by the national law, institutional rules and/or procedural orders.
Contractors rapidly found that their MAS offerings were no longer economically feasible and began removing important goods and services from their contracts. To alleviate the strain on industry and contracting officers GSA published Acquisition Letter MV-22-02 on March 17, 2022.
This criticism, even if it were true, would not reach the high threshold for a violation of public policy, in any event (para. In its decision 4A_398/2021 of 20 May 2022, the SFSC rejected the set-aside action, finding that Venezuela had failed to show that the restructuring was abusive. decision 4A_398/2021 of 20 May 2022, para.
1444 of 2022 of 6 July 2023, which underlined the importance of respecting party autonomy in upholding arbitration agreements. 1444 of 2022 The dispute in this case concerned various purchase orders issued by the Respondent to the Appellant for the installation of safety equipment and materials for multiple projects.
decisions made by referees or umpires or juries), unless there are fraud or corruption allegations, but this is a high threshold to reach. In this respect, the panelists referred to the well-known saying “ the most important thing is not to win but to participate ”. This does not cover field of play matters (i.e.,
This is an important step in promoting the adoption of the “seat standard” among lower courts throughout China. Faced with the same threshold question in Brentwood , the Beijing Court directly applied the “seat standard” and decided that it had supervisory jurisdiction over the ICC award rendered in Beijing.
The keynote address also offered insights into ICC case statistics, revealing Paris as the consistent top choice throughout the years, 2008-2022, except for two instances in 2019 and 2021 when London briefly took the lead. Closing off, Ms.
By 2022, the government has aimed for 33% of all procurement to be done with SMEs, so there’s a long way to go. While bureaucratic processes are there for an important reason – principally to make sure the public purse is being used responsibly – there are a few things that can be done to make it easier.
It also is important to keep in mind that BABA, and by extension, OMB’s Guidance, applies only to infrastructure projects and infrastructure spending – the requirements do not apply to other forms of federal spending, whether through the procurement process, or through other non-infrastructure grant and assistance opportunities.
Through working with PPH over the past two years, members have learned how service dogs play an important role in veterans’ healthcare and quality of life. Legal Corner: Senate Bill Would Require Several Important Updates to the Way the US Federal Government Acquires Technology Authored by Evan C. Williams and Howard W.
Jay Blindauer The bond yield curve inverted in October 2022. [1] 22] Plainly, approximately (22) months after October 2022 is on or about August to September 2024. in February 2022, but still above the 2% target. [32] in February 2022, but still above the 2% target. [32] At least it has every time since 1968. [2]
trillion dollars in fiscal year 2022 which amounted to approximately 25% of total gross domestic product. Contract type and the availability of a remedy from the government for the consequences of a shutdown will also be important in the decision-making process. government spent $6.27 There are over 2.2 What Remedies Are Available?
The new FAS structure provides an opportunity to increase transparency through sustained engagement with industry in this important area. Most DoD assessments were found to take place above a threshold of $111.4 Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment.
A flurry of new domestic-preference updates brings greater clarity to the requirements and imparts important lessons that government contractors should know when bidding for and performing on federal financial assistance programs. It is important to note the test does not incorporate costs related to the manufacture of the product.
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]
The PACT Act, enacted in August 2022, has increased VA healthcare enrollment by about 33 percent, with 740,000 veterans joining since its passage. The proposed rules offer important insights into the CMMC program: Subcontractor Compliance. The CMMC 2.0 According to the proposed rule, DoD plans to implement a phased rollout of CMMC.
The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training. SIZ-618, 2022 WL 17423607.
Cybersecurity Panel (CMMC, Cyber Threat Reporting, and More) As we all know, cybersecurity is of paramount importance in today’s interconnected world. In an era where cyber threats are constantly evolving and becoming more sophisticated, it is important to keep up with the most recent policies and practices.
She added that some of the increase can be attributed to the CHIPS and Science Act, which was signed into law in August 2022 and provides $52 billion to support the domestic production of semiconductors. Suggested thresholds in the ANPRM range from data sets on 100 U.S. government is pouring into sectors across the country is going.”
This Legal Update summarizes the Court’s decision and highlights important takeaways for federal contractors that pursue OT opportunities. The proposed changes to the DFARS are primarily to: Add references to the CMMC 2.0 24-160 (July 16, 2024).
Against this backdrop, some important lessons can be drawn for practitioners. In 2022, the arbitral tribunal ruled that GBO’s termination was unjustified and ordered compensation to CAI. In 2022, judicial scrutiny has been greatly heightened by Belokon v. This has been the case in Germany ( KZB 75/21 , 2022), Sweden ( GE v.
However, there remains a lack of clarity as to the threshold of proportionality applied. Given the importance of England as an international arbitral seat, the book will be of interest to a wider global audience with an interest in international arbitration. Kluwer Law International.
Potential Changes to FSS EPA Clauses As you know, one of the Coalition’s priorities in 2022 and 2023 was to increase flexibility in the application of Economic Price Adjustments (EPAs) in the Federal Supply Schedule (FSS) program during a time of historic inflation. To register, click here.
All Dutch authorities must publish their above-the-threshold tenders via the TenderNed platform , so businesses can access all public data and documents from a single webpage. Publication of below-the-threshold tenders is voluntary. They used the data to address specific agencies, and posted about it on LinkedIn.
Under certain conditions, the EU says, well-designed subsidy schemes can make an important contribution to achieving climate transition and other environmental goals. with its 2022 Inflation Reduction Act , announced that it would provide USD 390 billion in subsidies to several industries, in particular, its electric vehicle industry.
Stefan Deaconu (Court of International Commercial Arbitration, the Chamber of Commerce and Industry of Romania) emphasised the importance of maintaining trust in the arbitral process, tracing back to ethics, legitimacy, and personal reputation. of the VIAC Rules ). Knoll-Tudor covered annulment and enforcement in France. Poland and Slot v.
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. Indeed, if you see the geraniums bloom, it is time to think about EEO. More on that below. 112] The report(s) can be filed here.
At the federal level, contractors that import products, parts, packaging, equipment or other articles with components that contain PFAS must confront new and extensive regulatory reporting requirements relating to such imports going back to 2011, and they must do so by May 2025. What Information Must be Reported?
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