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In broad stokes, the FASC regulations outline the procedural approach that civilian, defense, and intelligence agencies need to follow in order to make determinations relating to “Covered Articles” (i.e., The FAR rule will become effective on December 4, 2023, and will apply to new contracts and contracts subject to extension or renewal.
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.
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.
Wearing a second hat as an author of an article, Gaillard strongly criticised the SGS II approach. Therefore, Gaillard’s same conviction regarding umbrella clause travelled from his written memorial as a “counsel” to an article as a “scholar” further to an award as an “arbitrator” within a span of two years.
Waiver of Execution Immunity Under the SIA The increasing acceptance of the doctrine of restrictive immunity has influenced how municipal courts treat arbitration agreements entered into by States and State-owned entities (“SOEs”). Here, Libya inadvertently agreed to its assets being attached to satisfy an adverse arbitral award.
The Final Rule also makes many changes to 2 CFR Parts 180 and 200, including, but not limited to, increasing the threshold for audits, clarifying the requirements for fixed amount awards, and implementing a mandatory disclosure rule. View the full article
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. See, e.g., China-Saudi Arabia BIT, Article 8(2) ; China-UK BIT, Article 7 ; China-Japan BIT, Article 11(2).
The 2023 SCCA Arbitration Rules (commented on in a previous blog post ) increased the threshold amount in dispute for expedited proceedings to approximately USD 1.07 million – a response to the growing criticism directed at DIAC’s significantly lower threshold of around USD 270,000. million in value. 34 of 2021 (“ Decree No.
It should be noted that the calculations are influenced by the absence of data by company and are only available at country level as of 2017 for five jurisdictions. We also suggest reconsidering the current ban on implementing the Digital Services Tax on companies with revenues below the agreed thresholds.
The previous four Cost Corner articles addressed the Cost Principles pertaining to the general criteria for determining the allowability of costs, direct and indirect costs, accounting for unallowable costs, and penalties for unallowable costs.
She offered a taxonomy of these disputes, based on the nature of the parties involved, their forum, and their legal basis, and she stressed that they have the potential to influence the conduct of both States and private actors. of the Paris Agreement.
This led AG Campos to conclude, on this issue, that … there are many reservations to raise as against the classification of the “collection of agreements” at issue as a genuine public works contract within the meaning of Article 2(1)(6) of Directive 2014/24.
This provision of the NDAA seems targeted at bridging the communication gap between the agencies by requiring that the parties to a proposed transaction over the HSR threshold provide a copy of their HSR filing directly to DoD. View the full article Section 862 amends the Small Business Act, specifically 15 U.S.C.
This article breaks down the essential rules every contractor needs to know. The FARs dynamic nature allows it to evolve with the changing needs of federal procurement, influenced by various government agencies. This includes situations where personal or financial interests could influence contract performance.
This article cuts through complexity to address when sole sourcing is necessary, the justification process, and how to manage the associated risks. For procurements exceeding specified thresholds, justification must document the effort to find alternative suppliers, listing unique technical requirements and companies contacted.
Influence on Market Strategies: Sharing demand data with industry partners has empowered them to tailor their strategies more effectively to Federal market demands, focusing efforts on high-demand items. See the article above for more details. Suggested thresholds in the ANPRM range from data sets on 100 U.S. Government (e.g.,
In broad stokes, the FASC regulations outline the procedural approach that civilian, defense, and intelligence agencies need to follow in order to make determinations relating to “Covered Articles” (i.e., The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. federal contractors and suppliers).
Key Amendments to QICCA Arbitration Rules Consolidation and Joinder Provisions A major change in the 2024 Rules is the introduction of Articles 10 and 21 , which allow consolidation of multiple arbitrations and joinder of third parties. Article 10 of the 2024 Rules introduces a new mechanism for consolidating arbitrations. Article 4.9
The reasons for this are largely historical: many Latin American legal systems are modeled on, or have been deeply influenced by, the French Civil Code. This would bring the EEA 1996 in line with the UNCITRAL Model Law (Article 12(1)), as well as the ICC (Article 11) and LCIA Rules (r.
The Working Group III, during its 47th and 48th sessions (succeeding the 43rd and 46th discussions), discussed the draft statute of the Advisory Centre, which, per articles 6 and 7 of the draft statute, has the mandate of capacity building and provision of legal support and advice with regard to an international investment dispute proceeding.
50] Basically, the FOMC announces a federal funds rate range, and then the Federal Reserve System conducts open market operations (“OMOs”) to try to influence rates to within the established range. Seasonal adjustment removes the effects of recurring seasonal influences from many economic series, including consumer prices.
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