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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. This article seeks to disentangle these overlapping terms by examining the tools and methods that are often used interchangeably.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

To make it easier to incorporate “green procurement” into procurement planning, the UNCITRAL model law might be amended to: Article 7 – Flexible Communications: Make it easier to change means of communication during the course of a procurement. system) hinge on vendors’ “green” initiatives has long been a very controversial approach.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).

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At Long Last: CAS Board Seeks Input Regarding CAS Coverage of Indefinite Value Contract Vehicles

Government Contracts Legal Forum

The Cost Accounting Standards Board (CASB) recently announced that it seeks public comments on “whether and how” to amend the rules to clarify whether the CAS apply to indefinite value contract vehicles (or IDVs, otherwise known as indefinite-delivery / indefinite-quantity, or IDIQ, contracts). View the full article

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The Implications of Koch v. Canada for Emissions Trading Schemes

Kluwer Arbitration

KS&T was a market participant in OCTP with tracking accounts for emission allowances in Ontario and California. The Tribunal held that KS&T’s emission allowances did not grant it a legal share in any asset or resource, or qualify as “interests” under Article 1139(h).

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Transforming Procurement - What Can Universities Expect?

VWV

Universities have successfully persuaded the Cabinet Office to introduce a minimum contract value threshold of £2 million in relation to some of the transparency requirements to reduce the administrative burden on universities, particularly regarding the publication of information.

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Contractors say new Pentagon procurement rule could undermine people with disabilities

Federal News Network

Tom Temin And that $2 million that you mentioned, contract threshold, that is a significant reduction from the requirement for periodic competition now, which is 10 million. But at the same time, this regulation doesn’t take any of that into account. Originally had proposed it.