2024 Price Thresholds 
Inside Government Contracts
MARCH 1, 2024
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.
Import and Trade Remedies
OCTOBER 31, 2024
Before 1 September 2024, imports valued at ZAR500 or less (c. On the other hand, this was also beneficial to consumers reliant on eCommerce stores offering competitive prices, reduced taxes, and a wide range of selection. Furthermore, both suppliers and consumers benefitted from simplified import procedures.
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Government Contracts & Investigations
FEBRUARY 29, 2024
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 for Government Procurement
APRIL 11, 2024
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!
The Coalition for Government Procurement
APRIL 18, 2024
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.
The Coalition for Government Procurement
AUGUST 29, 2024
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
Import and Trade Remedies
NOVEMBER 7, 2024
On 30 October 2024, as part of the Autumn Budget, the Government provided an update on its plans for the introduction of a UK carbon border adjustment mechanism (CBAM). The UK government has also proposed changing the minimum registration threshold from £10,000 to £50,0000.
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