Remove 2023 Remove Negotiation Remove Thresholds
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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. For below threshold contracts , Contracts Finder will still be active. Can contracting authorities still direct award?

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GSA Moves Forward with a New EPA, Consistency is the Next Opportunity

The Coalition for Government Procurement

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. GSA published its EPA proposed rule, GSAR Case 2020-G510, Federal Supply Schedule Economic Price Adjustment , on November 16, 2023.

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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

The September 2023 Cost Corner concluded a three-part series on TINA. The Cost Principles also apply to the determination, negotiation, and allowance of costs whenever required by a contract clause. [6] Documenting the negotiation process and rationale are critical for such transactions. Limitations in FAR Subpart 31.2

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Recent Dubai Court of Cassation Judgments: Is Arbitration an Exceptional Means of Resolving Disputes?

Kluwer Arbitration

1444 of 2022 of 6 July 2023, which underlined the importance of respecting party autonomy in upholding arbitration agreements. It explained that in typical contract negotiations, once the parties’ proposed terms are accepted, a binding contract is formed. Dubai CoC Case No.

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Friday Flash 10/20/23

The Coalition for Government Procurement

In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. In the past, the regional structure gave rise to differing cultures, negotiation approaches, and interpretations of applicable regulations and solicitation provisions.

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Government Contracts Issues for a Recession

Procurement Notes

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]

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Friday Flash 02/09/2024

The Coalition for Government Procurement

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.