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

Federal News Network

Source: GAO Bid Protest Report to Congress for Fiscal 2024. Of the protests resolved on the merits during fiscal year 2024, our Office sustained 16 percent of those protests. In 2024, GAO heard 346 protests, which is down from 368 in 2023. In 2023, GAO received more than 350 protests alone over CIO-SP4.

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Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

Sustainable government procurement is the process of acquiring goods and services that meet the government entity’s needs while minimizing environmental and social impacts. Public procurement is key to this endeavor because public institutions and state enterprises must procure vast amounts of goods, services, and works to do their jobs.

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Government Contracts Inflation Update

Procurement Notes

68] Moreover, CBO projects that “[n]et outlays for [national debt] interest [to] nearly double over the period in CBO’s projections, rising from $739 billion in 2024 to $1.4 69] Yet, CBO based that projection on, from 2024 to 2033, T-bill rates averaging from 2.2 trillion. [60] 60] The U.S. 2022 GDP was only $26.15 trillion. [61]