Remove 2029 Remove Evaluation Remove Thresholds
article thumbnail

Back to Basics: The Buy American Act

SmallGovCon

Price Preference For civilian agencies , if the contractor with the lowest priced domestic end product is a large business, then the agency will add a price evaluation penalty to the offeror with the lowest priced foreign end product of 20%. That 65% will become 75% in 2029.

Price 81
article thumbnail

Friday Flash 04/26/2024

The Coalition for Government Procurement

NITAAC stated that orders placed on CIO-SP3 can have a five-year term, so task orders can potentially run through October 29, 2029. Entities that meet certain threshold criteria – regardless of size – are covered by the rule. The Proposed Rule includes threshold criteria for entities in 13 of the 16 critical infrastructure sectors.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Domestic Sourcing Provisions of the House and Senate Versions of the Fiscal Year (FY) 2024 National Defense Authorization Act (NDAA)

Inside Government Contracts

Even shipbuilding contracts related to research, development, testing, and evaluation activities would be required to meet these thresholds. That percentage would increase on a graduated scale until January 1, 2029, at which time at least 75% of each component article, material, or supply cost must be attributable to U.S.

article thumbnail

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

Government Contracts Legal Forum

This provision of the NDAA seems targeted at bridging the communication gap between the agencies by requiring that the parties to a proposed transaction over the HSR threshold provide a copy of their HSR filing directly to DoD. The authority for this pilot program will sunset on January 1, 2029.

article thumbnail

Friday Flash 3/08/2024

The Coalition for Government Procurement

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. GAO denied the protests. [1]

article thumbnail

Government Contracts Inflation Update

Procurement Notes

However, the FOMC evaluates the 2% goal against the Personal Consumption Expenditures Price Index (“PCE”) (addressed below). 75] Looking at the FRED data , it shows a little more variability, but nonetheless affirms ~20% of GDP as a threshold that appears difficult to surpass. [76] percent before seasonal adjustment.” [2] July 2022 +8.5%