Remove Accountability Remove Information Remove Thresholds
article thumbnail

As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. And the oversight and accountability of subcontracting efforts by prime contractors is getting more scrutiny. Source: OFPP memo from Nov.

article thumbnail

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. Most organizational procurement policies define thresholds that dictate when a particular method should be used. What is a Solicitation Tool?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Enhancing resource sharing with AWS Outposts

AWS Public Sector

Outposts already provides robust capabilities for resource sharing in multi-account environments. Organizations can share Outposts and their associated resources across multiple AWS accounts in the same organization in AWS Organization s using AWS Resource Access Manager ( AWS RAM ).

article thumbnail

New OCI Rule Contains Big Changes

SmallGovCon

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. As well as add more procedures to require contractors to disclose information relevant to potential organizational conflicts of interest.

article thumbnail

Back to Basics: 8(a) Program Economic Disadvantage

SmallGovCon

For the former, the information below can serve as a refresher on the basics of economic disadvantage–but also, a source for SBA’s most recent economic disadvantage thresholds (as of 2024, as these are updated periodically for inflation ). What are SBA’s current economic disadvantage thresholds ?

article thumbnail

Are You Filing 2023 1099s? You Will Need a Transmitter Control Code (TCC).

Redstone Government Consulting

New Rule for Filing 1099s: The IRS rule TFA 23O1 reduces the electronic filing requirement from a threshold of 250 Information Returns down to 10. If you file more than 10 Information Returns after January 1, 2024, you are now required to submit those forms electronically. Yes, you read that correctly.

article thumbnail

Your Teams Have Account Plans in Place… But Are They Optimized for Federal Contracting?

GovSpend

So I thought it might be good to revisit the topic of account plans, specifically as it relates to federal contracting. Having a well-developed account plan is crucial for focusing your efforts on business development and managing relationships with strategic customers. It is an essential tool for ensuring the success of any company.