This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. In 2024, GAO heard 346 protests, which is down from 368 in 2023.
Many federal contractors know of and participate in the SBA’s Mentor-Protégé Program. Currently, the DoD’s Mentor-Protégé Program has a deadline for hopeful participants to apply for inclusion. Also, the DoD will remove the deadline to apply to participate in the program. So, there is still a period for comments.
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)
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.
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.
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. How can I look for new opportunities?
The Gist On November 9, 2023, GAO issued its report regarding large business compliance with small business subcontracting plans. million for construction contracts). However, an investigation by GAO indicates that large business contractors aren’t meeting their small business subcontracting goals as often as the government would hope.
The UK Government hosted an AI Safety Summit on 1-2 November 2023. Participants expressed a range of views as to which risks should be prioritised, noting that addressing frontier risks is not mutually exclusive from addressing existing AI risks and harms.’ There is also, of course, the (flagship?)
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.
Jackson, who highlighted that Unison didn’t participate in the report and didn’t know NAVWAR was even working on the report until it became more public, emphasized the report carries more weight because it was done by the Navy’s own systems people looking at a program that is being run by a functional organization. million in 2024.
The key red flags include ties between providers and politicians, large contracts that have been broken up into smaller ones to undercut thresholds, and links to prohibited practices. And more public buyers are using the system – up from 314 in 2020 to 437 in 2023. in 2020 to 96% in 2023. in 2020 to 59.7% in 2020 to 59.7%
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.
This decision could restrict the ability for small businesses to access task orders and prevent them from fully participating in SEWP VI.” billion spent in fiscal 2023,” the spokesperson said. The apparent success of SEWP V makes the decision to use a revenue-based overall contract NAICS code even more concerning.
Both prohibitions will apply to all procurements, including commercially available off-the-shelf (COTS) items, and purchases below the micro-purchase threshold: Section 5949(a)(1)(A) ( Part A ) prohibits agencies from acquiring electronic products or services that include covered semiconductor products or services.
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.
Under both of these circumstances, the procuring agency cannot count the options or orders as an award to a small business or small business program participant for goaling purposes. The 2023 GAO decision in Washington Business Dynamics, LLC , B-421953, B-421953.2 (Dec. 121.404(b)(4)(ii)). 121.103(h)(3)).
After nearly a year since the release of the amended version of the first draft request for proposal (RFP), on December 8 th , 2023, the General Services Agency (GSA) released the second draft RFP for the “Best-In-Class” (BIC) Governmentwide Acquisition Contract (GWAC). On February 1, 2023, the protester submitted its quote.
On March 6, 2024, the Federal Circuit vacated the CBCA decision on the threshold jurisdictional issue. 2] In a recent size protest, quotes were submitted on August 31, 2023. 2] In a recent size protest, quotes were submitted on August 31, 2023. Stay tuned for round three.
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.
On 26 September 2024, the International Chamber of Commerce (ICC) hosted the 19th ICC New York Conference on International Arbitration, which brought together over 300 participants from 40 countries to discuss critical developments in international business and arbitration.
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.
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]
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
Using data collected between 2019 and 2023, this survey measures mortality, safety of care, readmission, patient experience, and timely and effective care. GSA Seeking SAM.gov Usability Testers GSA’s Integrated Award Environment (IAE) is seeking volunteers who use SAM.gov and related systems to participate in usability testing.
As you have become accustomed to, both days will conclude with a networking reception that encourages all conference participants to continue conversations from the day, collaborate with other procurement professionals, and build valuable connections. 2] In a recent size protest, quotes were submitted on August 31, 2023.
26, 2023, and the U.S. Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000). There are two sets of rules that will be utilized when the CMMC program is fully formed. The CMMC 2.0
Participants have the opportunity to win monetary prizes and receive education and mentorship through the accelerator program. One change in the guidance reflects the April 2023 executive order that raises the monetary impact threshold to $200 million from $100 million. OMB said the new policy goes into affect on March 17. (
26, 2023, and the U.S. Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000). There were several updates made since the second draft of the RFP was published in December 2023.
Erv Koehler , Assistant Commissioner of the Office of General Supplies and Services; Mike Shepherd , Director of the Catalog Management Office; and Peter Han , Branch Chief of the Catalog Management Office will participate on the “Catalog, General Supplies and Services” Panel. To view the draft agenda for day two, click here.
In a (further) significant ruling dated 1 June 2023, the Higher Regional Court Berlin ( Kammergericht or the “Court”) reinforced the integrity of arbitration by confirming the admissibility of arbitration to the exclusion of (Russian) state courts ( Case No. 12 SchH 5/22 ). The Court dismissed the relevance of the APC.
The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. Crowell & Moring’s Government Contracts Group discusses the most consequential changes for government contractors here.
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. The NDAA was signed into law on December 22, 2023.
With a 2+ year delay, details for the creation of the public procurement data space ( PPDS ) were disclosed by the European Commission on 16 March 2023 in the PPDS Communication. The procurement data governance framework is now planned to be developed in the second half of 2023.
On the first day of the 2023 Seoul ADR Festival , Secretariat Advisors hosted a double feature of panels relating to arbitration costs. Lee and Savoie both participated in the preparation of a recent report on this topic published by the Young Canadian Arbitration Practitioners (YCAP) and Secretariat.
2023 has proven to be another dynamic year under the Government of Canada’s trade agenda, which showed no signs of slowing over the summer. The official launch of CARM Release 2, originally scheduled for October 2023, was delayed until May 2024 for the majority of persons importing goods into Canada.
Don’t miss your chance to participate in the Joseph P. On September 20, 2023, the Army awarded the follow-on production contract to Taylor Defense Products, LLC. billion in Part D gross covered prescription drug costs, or about 20% of total Part D gross covered prescription drug costs during 2023.”
The comment period for both rules is currently open and is scheduled to close on December 4, 2023. There is no exception for contracts below the simplified acquisition threshold, for commercial products and services, or for commercially available off-the-shelf (COTS) products. There is a lot to unpack in the proposed rules.
GSA Identifying Next Steps for Coworking Pilot Program Federal News Network reports that the General Services Administration (GSA) coworking pilot program is showing promising results since it was launched in July 2023, but needs more data before moving forward. 26, 2023, and the U.S. The CMMC 2.0 These were initially proposed on Dec.
Other topics addressed include measures to increase small business participation, improvements to the continuous monitoring process that reviews authorized apps, and upgrades to the FedRAMP Marketplace to handle new products. These agencies control 98 percent of all Federal real estate. By Susan B.
By agreeing to have the arbitration administered pursuant to the LCIA Rules, the parties therefore agree that the tribunal, after giving the parties a reasonable opportunity to state their views, will have the power to make an Early Determination subject to satisfying the relevant threshold tests. This ties in with Article 25.3
Results: More than 30,000 buyers, suppliers, and other users each year analyze Ukraine’s public procurement market daily, with a total volume of UAH 917 billion (~$24 billion) in 2023. Recently, TI Ukraine found an interim solution that combines the flexibility of ProBI with a low “entry threshold.”
With spending against governmentwide acquisition contracts reaching an all-time high in fiscal 2023, the Office of Federal Procurement Policy is pushing agencies to make changes to ensure a healthy amount of small business participate on these vehicles. The company says almost 55.8% billion and $10.5 billion, respectively.
During its 57th session, the Commission recommended that all States and regional economic integration organizations participate in preparatory work using informal means. Conclusion Like 2023, 2024 can be summarized as a year of “ milestone achieved, uncertainties persist ,” albeit with more notable advances.
Proposed Rule to Increase Small Business Participation on Multiple-Award Contracts The FAR Council published a proposed rule to issue policy on small business participation on certain multiple-award contracts. Lastly the rule would require acquisition planners to consider on-ramps for a long-term multiple award contract.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content