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Blanket Purchase Agreement Must Run Through Entire Term of Possible Order

Public Contracting Institute

A Blanket Purchase Agreement (“BPA”) is a “simplified method filling anticipated repetitive needs for supplies or services by establishing ‘charge accounts’ with qualified sources of supply. BPA’s may only be used for purchases that are otherwise authorized by law or regulation. FAR 13.303-1(a). Crewzers Fire Crew Transp.,

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10 Companies Awarded Spots on DLA Strategic Transformation Support Contract

GovCon Wire

million blanket purchase agreement to provide strategic transformation and enterprise project support services to the Defense Logistics Agency. DLA received 14 bids for the five-year firm-fixed-price BPA and will fund the contract using fiscal 2024 through 2029 defense working capital funds and other budget allocations, the Department of

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DOD Issues Final DFARS Rule Implementing Increased Buy American Restrictions for Defense Procurements

Inside Government Contracts

Beginning in calendar year 2029, the threshold will be 75 percent. in which both countries agree to remove certain barriers to the purchase of supplies. Under the new rule, the domestic content threshold is 65 percent in calendar years 2024 through 2028.

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Back to Basics: The Buy American Act

SmallGovCon

The Buy American Act “[r]estricts the purchase of supplies, that are not domestic end products, for use within the United States” unless an exception applies. That 65% will become 75% in 2029. However, this law does not actually prohibit the acquisition of non-U.S.

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

VWV

Transitional provisions With this delay, any procurements of new contracts, including frameworks and dynamic purchasing systems (DPS), that begin before February 24, 2025, will continue to be governed by the Public Contracts Regulations 2015. For DPS, there is a long stop date of 24 February 2029.

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

VWV

However, if you are a supplier under an existing framework agreement or dynamic purchasing system, these will continue under the old rules for their remaining term, with a long-stop date of 23 February 2029 for dynamic purchasing systems.

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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.