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1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. million to $9.5
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. Source: GAO Bid Protest Report to Congress for Fiscal 2024. Two data points help us understand some important facets of federal contracting.
For the former, the information below can serve as a refresher on the basics of economic disadvantage–but also, a source for SBA’s most recent economic disadvantage thresholds (as of 2024, as these are updated periodically for inflation ). What are SBA’s current economic disadvantage thresholds ?
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 1, 2024) , the SEC (the federal one, not the football one), had a two-step acquisition plan for data management services. But we think this protest raises some important questions. Under 13 C.F.R. B-422187 (Feb.
But yet, something you felt is important to highlight here. So it’s a really important tool, and it’s important to taxpayers. Let’s talk about maybe the threshold for what gets audited. And that threshold hasn’t been increased in many years. Dan Ramish Yes, Tom. Dan Ramish Yes.
trade actions that have or may impose new or increased tariffs on certain imports of Chinese merchandise and solar products. Section 201 On May 16, 2024, the Biden Administration announced changes to safeguard duties under Section 201 currently in effect on certain solar product imports from numerous countries.
How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process.
Changes to Prevailing Wage Rate Calculations Previously, DOL set a rate as the “prevailing wage” within a county when a threshold of 50 percent or more of applicable workers voluntarily reported that they were paid that rate. Briefing on a pending motion for summary judgment in the ABCSETX case is scheduled to close in mid-January 2024.
114-125 ) to increase the de minimis threshold for imports into the United States from $200 to $800, far exceeding similar thresholds in other countries globally. 10.151), imports that qualify for Section 321 treatment are entered under informal entry procedures, which do not require a U.S.
January 2024 - Revised thresholds for new procurements come into effect. Early 2024 - Publication of secondary legislation and response to the consultation process on the secondary legislation. October 2024 - The new Act is expected to come into force after a 6 month 'go live' notice period. How to prepare?
It really just creates a preference for American products for procurements above the micro-purchase threshold (currently $10,000) that aren’t subject to the Trade Agreements Act (most supply contracts above $174,000 and most construction contracts above $6,708,000 for 2024-2025 are subject to the Trade Agreements Act), and, more importantly for many (..)
However, on June 14, 2024, the House of Representatives approved language for the upcoming 2025 National Defense Authorization Act that would change things if it becomes law. On top of this, it also would allow DoD contracting officers to sole source contracts to VOSBs if the contracts are below certain dollar thresholds.
In January 2024, the Government Accountability Office (“GAO”) published 31 bid protest decisions, two of which resulted in decisions sustaining the protesters’ challenges. 22, 2024. [2] There were also two requests for costs, one of which was denied, and one request for consideration, which was, unsurprisingly, denied. B-422171, Jan.
This applies to all above-threshold procurements. You are able to use the new Selection Questionnaire (SQ) straight away but the deadline to implement it into tenders is 27 June 2024. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. or subscribe to our Public Sector law brief.
While we have already posted some updates from 2024, it’s a good time to reflect on the important posts from 2023. It’s a good chance to look back on the important articles from 2023, and those topics of continuing interest to federal contractors. I’m sure there will be much to talk about in 2024.
Tom Temin Yeah, GSA is certainly not the GSA of our fathers and grandfathers in terms of the contracting opportunities that offers and maybe you’re biased, but review what you think are some of the strengths that it brings towards headed into 2024. So supply chain risk management and elimination becomes a very important discipline.
Along with FFRDCs, Derrios remains optimistic that Congress will grant State another important acquisition tool: The authority to use other transaction agreements (OTAs). The threshold [for review] is $250 million and over. We want to try to alleviate this problem by having access to our own suite of vehicles.” It’s risk based.
Join Us for the 2024 Joseph P. Through working with PPH over the past two years, members have learned how service dogs play an important role in veterans’ healthcare and quality of life. We look forward to continuing this support, and meeting some new service dogs, at the 2024 tournament! Secure Your Sponsorship Today!
CARM Release 2 Officially launched in May 2021, CARM is a multi-year initiative that is intended to simplify how importers account for goods, request advance rulings, adjust/correct declarations, and pay duties and taxes through the eponymous “ CARM Client Portal ”.
6936, the Federal Artificial Intelligence Risk Management Act of 2024, was introduced in the House earlier this month by Representatives Ted Lieu (D-CA-36), Zachary Nunn (R-IA-3), Donald Beyer (D-VA-08), and Marcus Molinaro (R-NY-19). Comments are due March 18, 2024. Companion legislation, S. 2] 13 CFR 125.18(b)(2)(ii). b)(2)(ii). [3]
The Coalition is thrilled to unveil the agenda for the governmentwide day of our 2024 Fall Training Conference – The 2025 Federal Market: What’s Next? ! October 28 : Webinar: 2024 (2025 FCPs) Public Law Pricing Update for Covered Drugs – Click here to register. Join Our Sponsor Lineup for the 2024 Fall Training Conference!
Become a Sponsor of the 2024 Spring Training Conference! We would like to thank our current sponsors: 2024 Spring Training Conference, May 8-9 To view the 2024 Sponsorship Prospectus, click here. Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold.
To achieve this it will impose a carbon price on imported goods with the aim of levelling the playing field and ensuring that imported goods are subject to a carbon price that is comparable to that incurred by manufacturers based in the UK. Importers will be able to rely on default values, at least until 2031.
This applies to all above-threshold procurements. You are able to use the new Selection Questionnaire (SQ) straight away but the deadline to implement it into tenders is 27 June 2024. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. or subscribe to our Public Sector law brief.
The fifth edition of the Bucharest Arbitration Days (“BArD”) took place on 6 and 7 June 2024. Ziyaeva discussed the UK’s use of anti-suit injunctions to enforce arbitration agreements, highlighting the UK Supreme Court’s April 2024 decision in Unicredit v. The general consensus? Mission accomplished.
On 19 March 2024, as part of the 8 th edition of Paris Arbitration Week, the Comité Français de l’Arbitrage (CFA) organized a much-awaited and well-attended event on Arbitration, Sports Law and the Olympics, only a few months before the opening ceremony of the Olympic Games Paris 2024. This does not cover field of play matters (i.e.,
However, the English High Court (the “Court”) has departed from this default position in its recent ruling in General Dynamics United Kingdom v The State of Libya [2024] EWHC 472 (Comm) (“General Dynamics”). expressed reluctance to import the French and US law positions in Creighton and Walker , respectively, to English law (para 49).
The filing deadline for submitting reports under Canada’s novel Fighting Against Forced Labour and Child Labour Act (the “Act”) passed on May 31, 2024. Reports for 2024 are to be submitted here on the Public Safety Canada website. Importantly, annual reports and revised annual reports under the Act require formal board approval.
Since the beginning of Fiscal Year 2024, the Government Accountability Office has published 35 decisions, but only two of which resulted in decisions sustaining the challenge. To meet this threshold, a protester must demonstrate that, but for the agency’s actions, it would have had a substantial chance of receiving the award.
The start of 2024 was no exception to this phenomenon. Set to start operations on 1 February 2024, arbitrateAD is the latest addition to the region’s expanding institutional landscape. million – a response to the growing criticism directed at DIAC’s significantly lower threshold of around USD 270,000. million in value.
Thirty-one of these are Latin American and Caribbean (LAC) countries, and they are currently working to ensure that the voluntary political agreement translates into international conventions and domestic legislation so that the package can take effect in 2024 as announced recently by OECD in Davos.
Given that above threshold procurement data is already (in the process of being) captured at EU level, the PPDS is very much about data on procurement not covered by the EU rules—which represents 80% of all public procurement contracts. The two bottom layers, and in particular the data layer, are the ones doing all the heavy lifting.
On August 5, 2024, the General Services Administration (GSA) took a step forward by publishing a final rule to “standardize and simplify the Multiple Award Schedule (MAS) clauses for economic price adjustments.” Three further supplements have extended these policies until December 31, 2024.
HSBC PI Holdings (Mauritius) Limited , 2024 SCC Online SC 345, where it rejected a challenge to the enforcement of a Singapore-seated foreign award on the ground of arbitrator’s bias. The Supreme Court has recently bolstered this view in Avitel Post Studioz Limited & Ors.
After more than a year of preparation, including a six-month comment period, the Guidelines were published on 30 April 2024 and have been tailored to the needs of the international arbitration community. This included several audience members of the two above-mentioned panel discussions during the Paris Arbitration Week 2024.
On January 17, 2024, 100 people joined Neil McDonnell for a LinkedIn live training called “A Beginner's Guide to Federal Agency Long-Range Acquisition Forecasts in 2024." The GovCon Chamber has centralized 2024 LRAFs into a central directory of long-range acquisition forecasts. It is the most complete directory available.
On 26 April 2024, the Swiss Federal Supreme Court (“SFSC ” ) rendered decision 4A_486/2023 , upholding the unpublished Final Award in Clorox Spain S.L. This criticism, even if it were true, would not reach the high threshold for a violation of public policy, in any event (para. Bolivarian Republic of Venezuela (“ Clorox v.
As federal agencies and states grapple with regulating artificial intelligence (AI) to enhance its safety profile, and as businesses race to adopt AI for myriad purposes, it is important to recognize a general safety framework already exists in the form of product liability laws. See, Roose, K., “A.I.’s
On January 23, 2024, the Paris Court of Appeal (“CoA”) dismissed an action for annulment of an arbitral award on public policy grounds, namely a violation of EU competition law. Against this backdrop, some important lessons can be drawn for practitioners. Identifying who may be liable is therefore of paramount importance.
Under certain conditions, the EU says, well-designed subsidy schemes can make an important contribution to achieving climate transition and other environmental goals. extra import duties) aim to offset the benefits of subsidies to beneficiaries that export subsidized products. to its hydrogen industry. International Trade Commission.
This is an important step in promoting the adoption of the “seat standard” among lower courts throughout China. Faced with the same threshold question in Brentwood , the Beijing Court directly applied the “seat standard” and decided that it had supervisory jurisdiction over the ICC award rendered in Beijing.
The “ Guidance for the Contractor Performance Assessment Reporting System – July 2024” (the “ CPARS Guide”), Section B 2.2 when the scope of the basic contract is very broad and the nature of individual orders could be significantly different)….”
The announcement of the reopening of the Paris-based ICC Hearing Center in 2024 certainly is a promising addition to Paris’ enduring allure. Salomon highlighted the sophistication of French arbitration law, the rich Civil Law tradition, judiciaries known for their impartiality, and a world-class legal market home to leading practitioners.
This principle could be applied to the current generation of models, or applied when certain capability thresholds were met. In reality, there seems to be little coming out of the Summit other than a plan to continue the conversations in 2024.
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