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In our recent publication, Asymmetric Sovereign Risk: Implications for Climate Change Preparation , we explore how perceptions of climate risk influence sovereign spreads across countries with varying economic conditions. This includes mechanisms for reallocating budgets and evaluating expenditures to create fiscal space for contingencies.
government is the largest purchaser in the world, significantly influencing the purchasing landscape. Balancing competitive pricing with maintaining profitability is critical when bidding on government contracts. Filing a bid protest can arise from allegations of unfair evaluation practices or other improper actions.
These clauses, designed to provide temporary flexibility from strict fiscal targets during crises, aim to strike a balance between upholding fiscal rules and effectively responding to unexpected circumstances. This index serves as a robust measure, evaluating the precision and adaptability of these clauses across various critical dimensions.
In his view, arbitrators should lean into their humanity and evaluate the needs of those involved in the process—parties, counsel, experts, and arbitrators themselves—to tailor procedures to suit those needs. Mark Friedman explained that humans are influenced in their decision-making by the need for “cognitive comfort” (i.e.,
Over the past two decades, a growing number of Latin American and Caribbean (LAC) countries began adopting fiscal rules to limit overspending influenced by election cycles, public pressure, and other political economy factors, helping the region strengthen its fiscal solvency and sustainability.
Panama’s decision to terminate a contract was influenced by the Claimants’ failure to provide the necessary operational expenses to support their change order requests. These actions were deemed significant, considering that Panama had granted multiple time extensions to complete the project.
This creates a regulatory gap —or rather a laissez faire environment—whereby the public sector is allowed to experiment with the adoption of digital technologies without clear checks and balances. And there are attributes or properties influencing the interpretability of a model (eg clarity) for which there are no evaluation metrics (yet?).
It was noted that it is essential for funders to evaluate the economic viability of these claims to ensure that any potential damages justify the significant funding costs. Although advisory opinions are non-binding, they are intended to influence domestic and international litigation.
Arbitrations evolution has intensified during the time of my editorship and has influenced the ways in which public discourse on arbitration is currently conducted. While originally the new ideas in international arbitration were introduced mainly by a few academic reviews, todays thought-leadership takes a variety of forms.
Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. To accommodate changing shopping behaviors and deliver experiences that delight customers, retailers will need to find the right balance. Rethink What’s Normal.
How do you balance the multiple competing demands on your time? The answer of my family and my assistants concerning the balancing would probably be: not very well. While such preliminary evaluations have been very useful in my experience, they should not be confounded with proper mediations.
Third, there is the issue of the use of AI by contracting authorities, eg in relation to qualitative selection/exclusion, or evaluation/award decisions. That is the entire logic of the exclusion, qualitative selection and evaluation processes. The AI PPN covers aspects of. I will try to disentangle them here. 7 13(2)(b) PA2023).
This has important implications for tax policies currently applied in countries, forcing governments to re-evaluate current tax rates and incentives to attract foreign investments. Influenced by legacy foreign direct investment policy practices, governments often prioritize lower taxes to stimulate economic growth and attract investment.
The second panel, “ TechTalk: Unraveling the Tapestry – AI’s Influence on International Arbitration”, included Luke Sobota ( Founding Partner, Three Crowns LLP), Nilufar Hossain (Investment Manager and Legal Counsel, Omni Bridgeway), Rachel Thorn (Partner, Cooley LLP), and Marco de Sousa (Senior Associate, Herbert Smith Freehills LLP).
We balanced these considerations for and against applying a longer time-frame by selecting one year before and after the transparency intervention which limits the incidence of confounding factors while also taking care of seasonality biases. Our interventions were selected specifically to keep data quality constant.
You’ll also compile inventories, evaluate products, influence workforce development, prioritize projects, remove barriers, document use cases , assess performance, implement internal controls, and ensure your agency’s AI efforts comply with a host of existing laws and policies. But wait, there’s more!
The challenges that civilian agencies must overcome are different than those facing the Department of Defense, for instance, while the components of the Department of Homeland Security often must balance their security requirements against their law enforcement or emergency services missions. A graduate of the U.S.
FAR & Beyond: Thoughts on “What is Fair and Reasonable? Federal Acquisition Policy and Procedure (PAP) 2021-05, Evaluation of FSS Program Pricing , sets forth “comprehensive guidance regarding the evaluation of pricing throughout the life of a Federal Supply Schedule (FSS) program contract.”
Section 10.1(b) Section 10.1(b) In my view, it would also be important for the independent reviewing authority not to be involved in the future use of the AI, as its (future) operational interest could also be a source of bias in the testing process and the analysis of its results.
The EO broadly defines AI to include any “machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations, or decisions influencing real or virtual environments.” Standards for federal agencies to evaluate privacy protection efforts. Robust privacy research and technology.
Key factors contributing to cost-efficient dispute resolution at the SCC include the increased use of digital tools to enhance procedural efficiency (such as the SCC Platform, mandatory for all SCC arbitrations) and the ability of parties to influence costs by selecting the appropriate rules and negotiating fee structures with their legal counsel.
However, the FOMC evaluates the 2% goal against the Personal Consumption Expenditures Price Index (“PCE”) (addressed below). 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] percent before seasonal adjustment.” [2]
Her commitment to balanced and thoughtful acquisition policy has set a standard for integrity and innovation in Federal procurement, and her transparent approach has fostered trust and collaboration among industry partners and stakeholders. Fields career is a testament to dedication, professionalism, and excellence in public service.
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