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As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

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.

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Strategic Hiring Was The New Normal For BigLaw In 2023

Government Contracts

grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking. The 400 largest law firms by headcount in the U.S.

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SmallGovCon Week in Review: December 25-29, 2023

SmallGovCon

It’s time to say goodbye to 2023 and usher in the new year. Happy Friday! Here at SmallGovCon, we would like to thank all of our blog readers for a wonderful year. We will continue to work hard to provide helpful federal contracting news and updates in 2024 and we truly appreciate your continued support and feedback. Happy new year!

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We have published SPPN 5/2023 on updates to procurement thresholds

Scottish Government Procurement

We have published a new Scottish Procurement Policy Note (SPPN) on updates to procurement thresholds SPPN 5/2023. This policy note provides changes to financial thresholds to the Public Contracts (Scotland) Regulations 2015, the Utilities Contracts (Scotland) Regulations 2016 and the Concession Contracts (Scotland) Regulations 2016.

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Are You Filing 2023 1099s? You Will Need a Transmitter Control Code (TCC).

Redstone Government Consulting

New Rule for Filing 1099s: The IRS rule TFA 23O1 reduces the electronic filing requirement from a threshold of 250 Information Returns down to 10. Employers must calculate the total number of Information Returns to determine if they meet the threshold, including 1099s, W-2s, 1098s, etc. Yes, you read that correctly.

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CIO-SP4 drives 22% surge in bid protests filed in fiscal year 2023, according to GAO

FedScoop

In a Thursday letter to lawmakers, the GAO disclosed that it received 2,025 cases in fiscal year 2023, 367 more than the previous fiscal year. There were 368 in fiscal 2023, compared to 344 in fiscal 2022. The only place you can go is GAO once you meet certain dollar thresholds.”

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Procurement Act - Key Facts and Figures

VWV

Here are some key facts and figures you need to know about the Procurement Act 2023. Contract modifications A contract change notice will be required for most above threshold modifications. The procurement regime is changing on 24 February 2025. No restrictions on modifying a light touch contract.