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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. The proposed OCI rule implementing the Preventing Organizational Conflicts of Interest in Federal Acquisition Act has just dropped.
IDB staff calculations based on The Conference Board’s Total Economy Database (TED). (*) Data for 2022 is estimated and for 2023 is projected. This means that there is a tipping point, or threshold, at which higher debt levels become detrimental to growth. For LAC countries, this threshold is at approximately 53 percent of GDP.
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.
The Draft Code of Conduct for Arbitrators in International Investment Disputes was adopted by UNCITRAL in July 2023. This illustrates the possibility of an arbitrator getting influenced by his counsel role in other cases. It has been prepared to address the major concerns in investment disputes and ensure reform of the ISDS system.
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 Supply Chain Security Act (FASCSA). Additional information about the rule and its relationship to existing FASCSA regulations is outlined below.
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.
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.
However, implementation of the final rule will be heavily influenced by opaque trainings and internal policy memos. 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.
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.
In a recent 2023 survey (“‘Fair’ and ‘Equitable’ Treatment Provisions in Investment Treaties; A Large-Sample Survey of Treaty Provisions”) the OECD found 51 of these treaties (covering a total of 136 bilateral relationships). 128) and that the conduct of the Respondent was arbitrary, using a high threshold (paras.
Amid concerns over the influence tech companies wield, States are starting to insulate their economies from perceived foreign risks of influence, while seeking to champion home-grown tech juggernauts. These changes have profound political, economic, and societal implications.
Under the bills, “artificial intelligence” is defined as: … a machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations or decisions influencing real or virtual environments. 1] LS3, LLC v United States, Court of Federal Claims, December 14, 2023. [2] 2] 13 CFR 125.18(b)(2)(ii).
36] This guidance affords contractors considerable leeway to try to influence the appropriate level at which to define the relevant geographic area. 48] DCAA considers all sole owners, partners, and persons owning more than 10% of the voting stock of a company to have influence over their own compensation. [49] DCAA, DCAM ¶ 6-413.1.c.
will eventually ease monetary conditions to influence a lowering of interest rates. [15] 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. treasuries. [13] 13] , [14] Think of it this way. billion.”
Under the bills, “artificial intelligence” is defined as: … a machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations or decisions influencing real or virtual environments. 1] LS3, LLC v United States, Court of Federal Claims, December 14, 2023. [2] 2] 13 CFR 125.18(b)(2)(ii).
The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. DODIG–2023–041). Crowell & Moring’s Government Contracts Group discusses the most consequential changes for government contractors here.
Learn more here Lawmaker to Introduce “Light Touch” AI Regulation Bill Senate Minority Whip John Thune (R-SD) is actively working to introduce The AI Research, Innovation and Accountability Act of 2023, first reported on in July. Most DoD assessments were found to take place above a threshold of $111.4
1] The latest CPI-U numbers, which BLS published in its March 14, 2023 summary, stated that “[o]ver the last 12 months, the all items index increased 6.0 5] CPI-U Month Increase/Decrease Over Previous 12 Months February 2023 +6.0% January 2023 +6.4% 5] CPI-U Month Increase/Decrease Over Previous 12 Months February 2023 +6.0%
On 30 October 2023, President Biden adopted the Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (the ‘AI Executive Order’, see also its Factsheet ). The use of AI by the US Federal Government is an important focus of the AI Executive Order.
CBP has created a privacy threshold analysis an internal document used to analyze potential privacy risks associated with a new technology and whether a privacy impact assessment is necessary for Starlink internet, a step from agency officials that indicates that the SpaceX service is under serious consideration.
In 2023 , Latin American states accounted for 35% of ICSIDs new cases, and Latin American private parties were among the most frequent users of ICC arbitration. The reasons for this are largely historical: many Latin American legal systems are modeled on, or have been deeply influenced by, the French Civil Code.
This streamlined approach provides efficiency for resolving less complex, lower-value disputes with QICCAs financial threshold of USD 264,000 comparable to Dubai International Arbitration Centre ( DIAC) but lower than Saudi Center for Commercial Arbitration (SCCA) and Bahrain Chamber for Dispute Resolution (BCDR ).
Conclusion Like 2023, 2024 can be summarized as a year of “ milestone achieved, uncertainties persist ,” albeit with more notable advances. The outcomes of 2024s deliberations are poised to influence ISDS reform efforts in 2025 and beyond. As ISDS reform continues in 2025 ( see also A/CN.9/1194 9/1194 , paras.
GAO collected daily attendance data at the headquarters for three non-consecutive weeks in January, February and March 2023 and compared it to each building’s total capacity. The FAR rule will become effective on December 4, 2023, and will apply to new contracts and contracts subject to extension or renewal. VSBC-292-P (2023). [6]
In 2024, 27 Federal agencies reported 1,757 public AI uses, which is more than double the number of cases in 2023. 4] The General Services Administration (GSA) issued the OASIS+ multiple award small business set-aside solicitation on June 15, 2023. A firm submitted an offer on October 20, 2023.
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