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Enhancing the transparency of government in general and of public procurement processes in particular has been increasingly on the agenda of governments, civil societies and businesses as evidenced by initiatives such as the Open Government Partnership which has seen 70 OGP members making 189 open contracting commitments by March 2019 [1].
The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. No fluff, no confusing jargonjust procurement terms and abbreviations explained in a way that actually makes sense.
18] And, for DoD, Defense Federal Acquisition Regulation Supplement (“DFARS”) 216.203-4 limits the use of the FAR EPA clauses to DoD contracts that exceed the simplified acquisition threshold (presently $250,000 with exceptions), and performance is longer than six months. [19] commodity/industry-specific portions of the PPI or ECI). [22]
Here, I reflect on these documents from the perspective of AI procurement as a major plank of this governance reform. Procurement in the AI Executive Order Section 2 of the AI Executive Order formulates eight guiding principles and priorities in advancing and governing the development and use of AI. Section 10.1(b) Section 10.1(b)
The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms. According to Nextgov , this goal is part of the larger target set by an EO issued earlier this year for the government to award 15 percent of Federal procurement dollars to SDBs in FY25.
In Memory of Marcia Madsen It is with heavy hearts that the staff and members of The Coalition for Government Procurement mourn the passing of our dear friend and colleague, Marcia Madsen. After several years at Mayer Brown, Marcia’s advice was instrumental in my decision to become President of the Coalition for Government Procurement.
26] Section 503 and VEVRAA AAPs also apply (when thresholds are met) to a construction contractor/subcontractor on a Federal construction project, but not for a construction project that is merely Federally-assisted. [27] 86] The procuring agency is supposed to be able to provide a list of covered geographical areas. [87]
This compliance headache is shared by procuring Agencies, prime contractors, subcontractors, and supply chain vendors, among others. 14,042 is being implemented by each procuring Agency developing its own FAR Subpart 1.4 Generally, procuring Agencies seem to be adopting the FARC-recommended clause without changes.
The final rule, entitled Improving Consistency Between Procurement and Nonprocurement Procedures on Suspension and Debarment , is based on the recommendations of the Interagency Suspension and Debarment Committee (ISDC). The comments herein do not necessarily reflect the views of The Coalition for Government Procurement.
The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.” [50] Nash previously addressed excessive deficit spending, calling it “an issue that should be of concern to all folks that work in the procurement arena.”
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