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New OCI Rule Contains Big Changes

SmallGovCon

Congress would really like the FAR to focus on additional examples Definitions. the FAR must update definitions related to specific types of organizational conflicts of interest, including unequal access to information, impaired objectivity, and biased ground rules. Definitions. The entire law, however, was less than two pages.

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

The Procurement ClassRoom

Procurement decisions may also be influenced by emergencies, such as the need for the prompt delivery of goods and services to address disasters like earthquakes or hurricanes. The level of competition in the market can also influence the choice of procurement method. What is a Solicitation Tool?

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Misreporting of Tesla Safety Violations Highlight Narrow Parameters of SEC Whistleblower Program and Need for Employee Education

Whistleblower Network News

In a joint letter to the Securities and Exchange Commission (SEC), Krupski and Greenspan raised questions about Tesla’s accounting practices. In 2022, Krupski was fired for bad behavior, poor time management, and being a “negative influence.” whistleblower lawyer and properly report his findings, Krupski could have qualified.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Life-Cycle Cost One “green procurement” strategy is to take the full life-cycle costs of a product – including, potentially, its costs to the broader society due to greenhouse gas emissions – into account when assessing the product for award. the environmental characteristics of the subject matter.”

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What is a Prime Contractor?

Select GCR

This involves a high level of responsibility and accountability, as prime contractors must manage both the resources and subcontractors effectively to fulfill their obligations. Definition of Prime Contractor A prime contractor refers to an entity that receives a government contract to oversee and carry out a project.

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Turning up the Heat on Tech Investors: Navigating the New “Tech Cold War”

Kluwer Arbitration

Amid concerns over the influence tech companies wield, States are starting to insulate their economies from perceived foreign risks of influence, while seeking to champion home-grown tech juggernauts. These clauses, found in many US BITs, may protect States, and often defer to the State’s definition of national security.

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New Index Helps Governments Design Better Escape Clauses to Bridge Fiscal Rigidity with Crisis Adaptability

Inter-American Development Bank

Achieving this balance is not trivial, and a crucial question arises: How can the definition and quality of these escape clauses impact a country’s ability to navigate economic shocks while maintaining fiscal discipline? Countries often involve legislative power in activation and accounting. For instance, an ECCI score of 0.7