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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

The Ministerial Statement highlighted that the extension aims to facilitate a smoother transition for both contracting authorities and suppliers. For DPS, there is a long stop date of 24 February 2029. Understanding how this will work will be important 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. Watch the Full Video.

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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

Government’s purchase of goods and services produced in the United States and Executive Order 14104 to increase domestic manufacturing and commercialization in certain research and development supported by federal funding. Both sides of the political aisle have marched to a drumbeat of increased domestic sourcing for the past several years.

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Friday Flash 3/08/2024

The Coalition for Government Procurement

discussed here ), which aimed “to maximize the use of goods, products, and materials produced in the United States in order to strengthen and diversify domestic supplier bases and create new opportunities for U.S. firms and workers.” trillion to fund new public infrastructure projects throughout the U.S.