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The FY 2024 National Defense Authorization Act: Key Provisions Government Contractors Should Know

Government Contracts Legal Forum

3705, which requires offerors to submit data other than certified cost or pricing data so that contracting officers may determine the price reasonableness of a contract, subcontract, or modification. Section 805 becomes effective on June 30, 2026 for the Entity Prohibition and June 30, 2027 for the Goods and Services Prohibition.

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UK: Update on the future Carbon Border Adjustment Mechanism following the UK Government response to the consultation

Import and Trade Remedies

In doing so the Government confirmed that the UK CBAM will apply from 1 January 2027 and that the primary legislation required to give effect to the UK CBAM will be included in the Finance Bill 2024-25. As originally proposed, direct and indirect emissions will have to be taken into account in the calculation as from 2027.