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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. Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong.

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Procurement Act 2023: What’s next and why you should act now

VWV

With the Procurement Act 2023 now set to come into force on 24 February 2025, contracting authorities have been given an additional four-month extension to prepare. The Ministerial Statement highlighted that the extension aims to facilitate a smoother transition for both contracting authorities and suppliers. Where are we now?

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

Government Contracts Legal Forum

Instead, the Industrial Base Policy M&A office merely has broad discretion to assess “covered transactions” involving “major defense suppliers” as defined in DoD’s M&A policy under Directive 5000.62. The authority for this pilot program will sunset on January 1, 2029.

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Friday Flash 04/26/2024

The Coalition for Government Procurement

The conference begins with remarks from Christine Harada , Senior Advisor in OMB’s Office of Federal Procurement Policy (OFPP), on the governmentwide Better Contracting Initiative , a four-pronged initiative to ensure that the Federal Government receives optimal terms and prices when purchasing goods and services.

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

Inside Government Contracts

A number of provisions in both chambers’ versions of the FY 2024 NDAA seek to expand DoD purchases of goods and services produced in the United States: Navy Shipbuilding: Senate Section 866 would adjust the domestic content requirements under the Buy American Act of articles, materials, or supplies procured for use in Navy shipbuilding.

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Friday Flash 3/08/2024

The Coalition for Government Procurement

In Memory of Marcia Madsen It is with heavy hearts that the staff and members of The Coalition for Government Procurement mourn the passing of our dear friend and colleague, Marcia Madsen. After several years at Mayer Brown, Marcia’s advice was instrumental in my decision to become President of the Coalition for Government Procurement.