Remove 2024 Remove Thresholds Remove Transparency
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Procurement Act - Key Facts and Figures

VWV

Consilidation The Procurement Act 2023 will be a consolidation of: Public Contracts Regulations 2015 Concession Contracts Regulations 2016 Utilities Contracts Regulations 2016 Defence and Security Public Contracts Regulations 2011 but will need to be read alongside the The Procurement Regulations 2024 and the National Procurement Policy Statement 1.

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Procurement Act 2023 - Transparency Regime

VWV

A key change in the new Procurement Act is the enhanced transparency regime. The Procurement Act 2023 is due to go-live on 28 October 2024. One of the most significant changes in the new Procurement Act is the transparency regime. Click the image to download the file for future use. Alternatively, you can fill in the form below.

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Tuesday Tracker 10/29/2024

The Coalition for Government Procurement

The goalis to improve contractor performance, increase competition at the order level, increase transparency, and increase customer satisfaction. The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

A number of webinars we have held at GW Law School, including a July 2024 series on emerging international best practices, confirmed that there are many parallels between these “green procurement” strategies. Contractor ¶ 60 (Thomson Reuters, 2024). Strategies In “Green Procurement,” 66 Gov.

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Public Procurement - New Year, New Rules

VWV

The Act promises to speed up the procurement process and improve transparency as well as consolidating and simplifying the existing EU based regime. January 2024 - Revised thresholds for new procurements come into effect. October 2024 - The new Act is expected to come into force after a 6 month 'go live' notice period.

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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

The Procurement Act 2023 (the Act) introduces a range of reforms aimed at simplifying and enhancing transparency in the procurement process, which should be good news for suppliers. The Act was initially set to go live on 28 October 2024, but this has now been delayed to 24 February 2025. When does the Procurement Act take effect?

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OMB Final Rule Rewrites the Uniform Guidance for Grants, Cooperative Agreements, and Other Federal Financial Assistance

Government Contracts Legal Forum

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.