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Proposed Increases to Micro-Purchase, Simplified Acquisition, and Other Thresholds

SmallGovCon

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

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DOD Issues Final DFARS Rule Implementing Increased Buy American Restrictions for Defense Procurements

Inside Government Contracts

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.

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SmallGovCon Week in Review: July 15-19, 2024

SmallGovCon

Manufactured Dual-Use, Military Grade Microelectronics for Russian Entities The post SmallGovCon Week in Review: July 15-19, 2024 first appeared on SmallGovCon - Government Contracts Law Blog. Then the government had him write an essay.

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Even Rules have their Limits, Says SBA OHA about the Nonmanufacturer Rule

SmallGovCon

OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. 8, 2024) focuses on when the nonmanufacturer rule does not apply. Generally, the micro-purchase threshold is $10,000, and the simplified acquisition threshold is $250,000. SIZ-6276 (Apr.

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Revisiting the Fosen-Linjen Saga on threshold for procurement damages

How to Crack a Nut

I had the honour of being invited to contribute to a future publication to celebrate the EFTA Court’s 30th Anniversary in 2024. I was asked to revisit the Fosen-Linjen Saga on the EFTA Court’s interpretation of the threshold for liability in damages arising from breaches of EU/EEA procurement law.

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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. If you file more than 10 Information Returns after January 1, 2024, you are now required to submit those forms electronically. Yes, you read that correctly.

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SmallGovCon Week in Review: December 25-29, 2023

SmallGovCon

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. Here at SmallGovCon, we would like to thank all of our blog readers for a wonderful year. Happy new year!