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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. In 2023, GAO received more than 350 protests alone over CIO-SP4. Two data points help us understand some important facets of federal contracting.
While we have already posted some updates from 2024, it’s a good time to reflect on the important posts from 2023. This post revisits those blog posts from 2023 that were the most popular. It’s a good chance to look back on the important articles from 2023, and those topics of continuing interest to federal contractors.
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.
Another version of the DOJ’s AI inventory, dated 2023, describes the tool with a different level of detail: “The Threat Intake Processing System (TIPS) uses artificial intelligence (AI) to calculate scores for calls and electronic tips based on call synopses and electronic tip text.
As contracting activities are busy awarding new contracts, it is important to follow the trends related to successful and effective protests as you consider filing your own bid protest, or as you defend your award as an intervenor. Below we dive into recent bid protest decisions and identify what won, what did not win, and why.
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.
On 22 August 2023, the Singapore International Arbitration Centre (“ SIAC ”) published the Draft 7th Edition of the SIAC Rules (the “ Draft Rules ”) for public consultation. The public consultation period remains in effect until 21 November 2023 and comments can be submitted via email to rulesconsult2023@siac.org.sg Draft Rule 14.1(b)
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.
Depending on the item and the value of the acquisition, the TAA or other specific free trade agreements might apply because the United States Trade Representative (USTR) has waived the BAA for many supply acquisitions above specific thresholds, ranging from 50,000 to 174,000.
Following the success of previous editions (see here for previous coverage), the fourth edition of Copenhagen Arbitration Day took place in October 2023. He emphasised the importance of arbitration to business and society, particularly owing to the present burden on the courts. 1, to what arbitration could be like in 2035.
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.
Also, in moves that were likely aimed to increase participation, or at least interest among potential mentors, the DoD is proposing a reduction of the dollar threshold associated with mentor eligibility, and increasing the length of a mentor protégé agreement. It is important to note that these are proposed changes, not final.
Along with FFRDCs, Derrios remains optimistic that Congress will grant State another important acquisition tool: The authority to use other transaction agreements (OTAs). The threshold [for review] is $250 million and over. We want to try to alleviate this problem by having access to our own suite of vehicles.” It’s risk based.
Ivalua Spend Management Insights [ivory-search] Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment May 9, 2023 | | Public Sector /by he I have spent most of my career in the private sector and started to get in contact with the space in recent years.
This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. A new Procurement Policy Note has been published which provides an updated Standard Selection Questionnaire. or subscribe to our Public Sector law brief.
This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. A new Procurement Policy Note has been published which provides an updated Standard Selection Questionnaire. or subscribe to our Public Sector law brief.
Depending on the item and the value of the acquisition, the TAA and/or other specific free trade agreements might apply because the United States Trade Representative (USTR) has waived the BAA for many supply acquisitions above specific thresholds, ranging from 50k to 174k.
On 15 September 2023, the United Arab Emirates (“UAE”) reformed the legal framework governing arbitration. 15) of 2023 (“Amendment Law”), specific amendments have been introduced to key articles of the Federal Arbitration Law No. (6) Under the recently issued Federal Law No. (15)
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.
On 26 April 2024, the Swiss Federal Supreme Court (“SFSC ” ) rendered decision 4A_486/2023 , upholding the unpublished Final Award in Clorox Spain S.L. This criticism, even if it were true, would not reach the high threshold for a violation of public policy, in any event (para. decision 4A_486/2023 , para.
2] Under the most important evaluation factor, prior experience, the agency was to “assess its level of confidence that the [o]fferor provided a detailed description of prior relevant experience examples where the [o]fferor provided property management support…of a similar size and scope as the TSA [p]roperty [m]anagement [p]rogram.”
Contractors rapidly found that their MAS offerings were no longer economically feasible and began removing important goods and services from their contracts. It also lowered the approval threshold for EPA increase requests and allowed for the removal and re-addition of contract items at higher, renegotiated prices.
On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition Supply Chain Security Act (FASCSA) Orders.” In other words, there are no exceptions for purchases below the micro-purchase threshold or the simplified acquisition threshold.
As federal agencies and states grapple with regulating artificial intelligence (AI) to enhance its safety profile, and as businesses race to adopt AI for myriad purposes, it is important to recognize a general safety framework already exists in the form of product liability laws. 6, 2023) (link: [link] ). 1] See, e.g., Blouin, L. “AI’s
Instead, it tries to highlight the most significant changes and additions to the draft that has been public since 31 August 2023. In relation to this Guideline, the draft of 31 August 2023 contained two different versions of an obligation to disclose the use of AI in arbitral proceedings (previously discussed here ).
This is an important step in promoting the adoption of the “seat standard” among lower courts throughout China. 2023: China First Heavy Industries v. 2023: China First Heavy Industries v. The Beijing Court then proceeded to review the set-aside challenges brought by the claimant.
NHA 2023 CLD 1365. This is an important judgment because it does not rely on “finality”, as envisaged in the Guide or the international precedents. This new approach is an important development towards establishing Pakistan’s pro-enforcement bias. Rather, it explores the concept of the “binding” nature of the award.
1444 of 2022 of 6 July 2023, which underlined the importance of respecting party autonomy in upholding arbitration agreements. The recent decisions reinforce the principle that challenging arbitration agreements is an uphill battle with a high threshold, requiring solid and irrefutable evidence. Dubai CoC Case No.
The UK Government hosted an AI Safety Summit on 1-2 November 2023. This principle could be applied to the current generation of models, or applied when certain capability thresholds were met. There is also, of course, the (flagship?) This would create certain ‘gates’ that a model had to pass through before it could be deployed.
Varin underscored the importance of timing global business events to align with major international movements – like the UN General Assembly – creating synergies that amplify the impact of business initiatives. Simoni added that U.S. She noted that contracts with early legal input are far less likely to end in disputes.
The Indian arbitration bar was waiting for an important judgment of a 7-judge bench of the Indian Supreme Court (“ Judgment ”), which reviewed its own earlier judgment in NN Global Mercantile Private Limited v. This makes the Judgment an important exposition of law in the field of arbitration for India. Indo Unique Flame Ltd.
After a three-year hiatus due to the pandemic, the much-anticipated third ICC Kuwait Arbitration Day took place at the heart of Kuwait in the Burj Al Shaya Building on 5 October 2023, organised by the ICC in collaboration with Al Tamimi & Company. Panel Discussions The first panel of the day took place in Arabic.
On August 23, 2023, the White House’s Office of Management and Budget (“OMB”) issued its notification of final guidance implementing Title IX of the Infrastructure Investment and Jobs Act (“IIJA”) – the Build America, Buy America (“BABA”) Act. For some that may require wholesale adoption of the Guidance as regulatory mandate.
Considerations for the Private Sector The Framework, which was issued in January 2023, provides a set of voluntary best practices to the private sector for the development and use of artificial intelligence systems. Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold.
27] “He noted that in early 2023 this model suggested only a 12% chance of a recession[.]” [28] Other Negative Indicators On top of the foregoing, some negative indicators are sprouting. For consumers, “[c]redit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 billion from $11.2 billion.” [37]
Introducing the FY23 Federal Market Report As part of The Coalition for Government Procurement’s continuing effort to provide value to our members, we would like to present our Fiscal Year 2023 Federal Market Report. Thanks to the outstanding generosity of our sponsors and members, we raised $11,000 for this wonderful cause in 2023.
The September 2023 Cost Corner concluded a three-part series on TINA. The March 2023 edition of the Cost Corner provided a high-level overview of the CAS, which will be addressed at length in future articles. We now move on to the FAR Cost Principles, specifically FAR Subpart 31.2, Limitations in FAR Subpart 31.2
Considerations for the Private Sector The Framework, which was issued in January 2023, provides a set of voluntary best practices to the private sector for the development and use of artificial intelligence systems. Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold.
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 VSBC-292-P (2023). [6] VSBC-297-P (2023). [8] Email me at ken.dodds@liveoak.bank. [1] 2] 13 CFR 128.500(c). [3]
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. For contractors without readily available cash or credit lines, the consequences of more than a brief delay in payment could be more consequential. What Remedies Are Available?
Given these varied outcomes, what seems to be more important are the circumstances and intervening factors leading to the application for the extension of time than the length of the delay, given that the delay is the organic breach sought to be corrected. OFY , a 65-day extension was refused.
18 months since the Procurement Bill was introduced into Parliament, it received Royal Assent and has now been passed into law as the Procurement Act 2023 (The Act). January 2024 - Revised thresholds for new procurements come into effect. Existing threshold (until 31 December 2023) (incl. How to prepare?
Using data collected between 2019 and 2023, this survey measures mortality, safety of care, readmission, patient experience, and timely and effective care. 26, 2023, and the U.S. The proposed rules offer important insights into the CMMC program: Subcontractor Compliance. The CMMC 2.0 These were initially proposed on Dec.
On 23 October 2023, the English High Court handed down a landmark decision setting aside a USD 11 billion arbitral award (the final award) obtained by a British Virgin Islands (“BVI”) company, Process and Industrial Developments Limited (“P&ID”), against the Federal Republic of Nigeria.
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