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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. In 2024, GAO heard 346 protests, which is down from 368 in 2023.
So the Rule of Two requires federal agencies to set aside procurements for small businesses where there’s a reasonable expectation that at least two small businesses will be able to submit offers at fair market prices and otherwise competitive in terms of quality and delivery. Tom Temin: And that goes back to the 1980s, right?
Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. What is a Domestic End Product?
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. Under 13 C.F.R. million for others), in most cases, the agency must compete the set-aside.
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. Although the protester offered the lowest price, the agency found its proposal was technically unacceptable because it did not meet the new characteristics.
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!
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. Sonny Hashmi Yeah, absolutely. We’ve made significant strides over the last year.
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.
In Quaid-e-Azam Thermal Power (Private) Ltd v Sui Northern Gas Pipelines Limited [2024] EWHC 70 (Comm) , a challenge was brought under Section 68 and Section 33 of the English Arbitration Act 1996 (‘ the Act’ ) before Dame Clare Moulder DBE. Under Section 3.6(a) of the GSA, were factually radically different to the issues in the QAPTL case.
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.” The GSAR, as currently written, limits when, how often, and by what percentages prices can be adjusted.
Accounting Corner: First Glance: Breakdown of the Alliant 3 Draft Solicitation Authored By: Leo Alvarez, Principal, Dylan Schreiner, Manager, and Molly Menoni, Senior Consultant ; Baker Tilly January 18, 2024 The highly anticipated and closely watched second draft of the Alliant 3 solicitation is finally here! To register, click here.
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. Public comments are due to DoD on February 26, 2024.
On April 22, 2024, the Office of Management and Budget (OMB) issued a Final Rule significantly revising the Uniform Guidance for grants, cooperative agreements, and other federal financial assistance. Agencies must implement the Final Rule by October 1, 2024; however, agencies may apply it to federal awards as early as June 21, 2024.
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.
Join Us for the 2024 Joseph P. We look forward to continuing this support, and meeting some new service dogs, at the 2024 tournament! 1 Simplified Acquisition Threshold: The bill would raise the simplified acquisition threshold (SAT) from $250,000 to $500,000. Secure Your Sponsorship Today!
We would like to thank our current sponsors: 2024 Spring Training Conference, May 8-9 To view the 2024 Sponsorship Prospectus, click here. On March 6, 2024, the Federal Circuit vacated the CBCA decision on the threshold jurisdictional issue. SIZ-6261 (2024). [6] 2] 13 CFR 121.104(c)(1). [3] 3] 13 CFR 121.1009(c).
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. Awards are generally published.
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.
30, 2026, according to a 2020 memo from Kim Herring, the then-acting principal director of the Office of Defense Contract and Pricing. million in 2024. It’s typically called out in the request for proposals that there will be a past performance, a technical assessment and evaluation of price and volume.
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. 2] This procurement utilized a lowest priced technically acceptable source selection methodology. In RELX, Inc. ,
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.
22] Plainly, approximately (22) months after October 2022 is on or about August to September 2024. could enter a recession by the late summer to early fall of 2024. 25] On February 4, 2024, the Federal Reserve Bank of New York stated that the probability of recession in the next twelve months is at 61.473%. [26]
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. prices) ’ (at 7, fn 17).
The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. The FY 2024 NDAA also includes the Federal Data Center Enhancement Act, the American Security Drone Act, and the Intelligence Authorization Act for FY 2024.
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. However, a 180-day transition period will be available for those who register on the CARM Client Portal before the Release 2 launch in May 2024.
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. Unlike a cartel agreement with the intent of raising prices, vertical agreements may require careful analysis to ascertain whether they are actually anticompetitive.
PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. Given the significant pricing policy changes outlined in the PAP, it should have been subject to public review and comment. The questions all go to the integrity of the data being used to assess fair and reasonable pricing.
On August 23, 2024, the Small Business Administration (SBA) posted a proposed rule to update and clarify aspects of various SBA small business programs, including but not limited to the HUBZone Program and 8(a) Business Development Program. OHA’s 2024 decision in Size Appeal of Saalex Corp. d/b/a Saalex Solutions, Inc. ,
The Coalition for Government Procurement is excited to share the draft agenda for the healthcare-focused day of our 2024 Fall Training Conference, The 2025 Federal Market: What’s Next? ! Join Our Sponsor Lineup for the 2024 Fall Training Conference! Pricing details included in the prospectus. What is the funding profile?
On February 15, 2024, the Department of Defense (“DOD”) issued a final rule that increases the domestic content requirements for defense procurements. Higher Domestic Content Threshold Previously, the cost of domestic components had to exceed 55 percent of the cost of all components in order for a product to qualify as a domestic end product.
Announcing the 2024 Fall Training Conference: “ 2025 Federal Market: What’s Next? “ The Coalition for Government Procurement is pleased to announce that registration is officially open for the 2024 Fall Training Conference on November 20-21 at the Fairview Park Marriott in Falls Church, VA! The CMMC 2.0
that was finalized in February 2024. The Coalition’s 2024 Spring Training Conference – What is Fair and Reasonable, Part 2: Let’s Continue the Dialogue! It’s Not Too Late to Secure Your Sponsorship of the 2024 Spring Training Conference Time still remains to secure your company’s Spring Training Conference sponsorship!
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). 27, 2024. [3] SIZ-6281 (2024). [5] NAICS-6286 (2024). Comments on the proposed rule are due on Oct. The CMMC 2.0
Join Our Sponsor Lineup for the 2024 Fall Training Conference! The Coalition for Government Procurement is pleased to announce that multiple sponsorship packages are available for the 2024 Fall Training Conference – 2025 Market Outlook: What’s Next? Pricing details included in the prospectus. 89 FR 68274.
Comments on the proposed rule are due on or before October 15, 2024. Nominations Now Open for the 2024 Excellence in Partnership Awards! The Coalition for Government Procurement is excited to announce that nominations are now open for the 2024 Excellence in Partnership (EIP) Awards !
While the threshold for reporting under CISA’s rule is higher than, for example, under the Department of Defense’s (“DoD’s”) cyber incident reporting rule (which requires reporting of incidents involving activities that “may have” occurred), this is a welcome acknowledgement of the practicalities of cyber incident detection and response.
As we begin 2024, the first two months promise to be especially busy, with a number of key regulations on the horizon. In response to stakeholder input, GSA has provided temporary flexibilities for EPA requests through Acquisition Letter MV-22-02 , which was originally published in March 2022 and has been extended through March 2024.
On March 7, 2024, the Department of Transportation’s (“DOT”) Federal Highway Administration (“FHWA”) announced a proposed rule to rescind a longstanding general waiver of Buy America requirements for manufactured products (the “Manufactured Products Waiver”). Comments on the RFI are open until May 13, 2024.
GSA is also expanding TDR as an option to additional SINs in August 2024. In March, Senator Mark Warner (D-VA) introduced the Health Care Cybersecurity Improvement Act of 2024 to provide financial incentives for healthcare providers that strengthened their cyber defense. See the article above for more details. Government (e.g.,
The conference begins with remarks from Christine Harada , Senior Advisor in OMB’s Office of Federal Procurement Policy (OFPP), on the governmentwide Better Contracting Initiative , a four-pronged initiative to ensure that the Federal Government receives optimal terms and prices when purchasing goods and services.
But both sections require such contracts be set aside “for small business concerns when there is a reasonable expectation that offers will be obtained from at least two small business concerns that are competitive in terms of quality and delivery and award will be made at fair market prices.”
For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Suggested thresholds in the ANPRM range from data sets on 100 U.S. Government-related data, there is no threshold requirement and the data categories will be covered regardless of volume.
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