2028 Purchasing Thresholds 
Inside Government Contracts
MARCH 1, 2024
The EO was intended to strengthen the requirements of the Buy American Act (“BAA”) by, among other things, directing the FAR Council to issue new rules increasing the domestic content threshold for determining whether a product qualifies as a domestic end product. Beginning in calendar year 2029, the threshold will be 75 percent.
Import and Trade Remedies
MARCH 27, 2024
Therefore, the proposed deadline for submitting the first CBAM return and payment covering the entire 2027 period will be 30 May 2028. From 2028 onwards, emissions will have to be reported on a quarterly basis with a return submitted within a month of the end of the relevant accounting period.
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The Coalition for Government Procurement
AUGUST 15, 2024
CMS will then “select up to 15 more drugs covered by Part B or Part D for 2028, and up to 20 more Part B or Part D drugs for each year after that, as required by the [IRA].” The proposed changes to the DFARS are primarily to: Add references to the CMMC 2.0
The Coalition for Government Procurement
JANUARY 4, 2024
Covered follow-on contracts include most contracts governed by the Service Contract Act (SCA) that exceed the Simplified Acquisition Threshold, currently set at $250,000. The rule implements an executive order of the same name signed in November of 2021. The draft was announced on Interact as well as SAM.gov.
The Coalition for Government Procurement
MARCH 7, 2024
Like the FAR rule, the new DFARS rule: Modifies the definition of domestic end product, qualifying country end product, and domestic construction material by increasing the domestic content threshold to 65 percent for calendar years 2024 through 2028, and to 75 percent beginning in calendar year 2029.
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