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Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?
Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better fiscal balances will contribute to greater macroeconomic stability. What is Smart Public Procurement?
These investments not only mitigate vulnerabilities but also present a unique opportunity for countries to enhance economic resilience and bolster investor confidence in their capacity to navigate the challenges of a warming planet.
Therefore, he emphasized the need to find the right balance between the protection of these important public policy goods and promoting and attracting FDI to foster economic development and increase the standard of living. Rameau also underlined the need for sustainable FDI and investment retention, in particular in Africa.
Key Takeaways Bidding on government contracts presents significant growth opportunities for businesses, especially small enterprises, with substantial revenue and credibility benefits. Balancing competitive pricing with maintaining profitability is critical when bidding on government contracts.
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Roach believes that when it comes to ESG, there’s no time like the present. People just need to get started,” she said.
Central to the event were the themes of generative AI, sustainability, security, and—importantly for Europe—digital sovereignty. AWS enables customers to get the most value from data by providing a comprehensive set of integrated tools and robust governance capabilities that balance access and control.
Three important variables worth highlighting are borrowing costs, primary balances, and exchange rates. The Effects of Inflation on Primary Balance The impact on the primary balance, which reflects the government’s ability to generate surpluses or reduce deficits, also differs between demand and supply shocks.
The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. Corporate Sustainability: Sawschcuk said that sustainability is an area in which Procurement can make a big impact.
These sessions deliberated on the past, present and future of ISDS from an Indian and global perspective. Ashwita Ambast (Legal Counsel, Permanent Court of Arbitration) and Amit Sibal (Senior Advocate, Supreme Court of India) presented the state’s perspective on ISDS and how the mechanism could be reimagined. Where do We Stand?
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.
Sustainability Focus: Many social value frameworks incorporate environmental sustainability, such as reducing carbon footprints or promoting green practices through supply chains. It also aligns with global goals like reducing greenhouse gas emissions and promoting sustainable development.
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. Note: The graph presents the average score in each dimension for the 13 countries in the sample.
Sustainable development requires resources, which foreign states can access through foreign investment. This post will also show that ISDS can become an effective tool to ensure a sustainable future. As demonstrated in this post, these critiques are misguided. IBA Report, p.
Increase supports additional sustainment costs, which includes licenses for functionality releases and user accession. In a 2023 presentation , DLA said it was implementing an incremental pilot with more than 400 users to test the feasibility of the platform. The Navy asked for $22 million , a $15.6 million increase, for fiscal 2025.
As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.
There’s never been a better time to explore creative solutions for stretching budgets further and turning federal infrastructure funding into transformative investments in efficient and sustainable water management. I had two justifications I had to make every time I was presenting a rate increase,” says Hawkins.
2- Sovereign thematic issuances are increasingly relevant Sustainable debt instruments are becoming increasingly relevant in the capital markets. The guide summarizes key concepts and details the step-by-step structuring of these instruments, as well as present three case studies of thematic bonds issued by Mexico, Chile and Uruguay.
At present, a substantial amount of FDI is moving in both directions, and therefore, one-sided interests of protecting one’s investors abroad or, conversely, being protective of one’s sovereign and domestic interests as a host state is no longer a reality. What Are the Challenges in Negotiating MIT?
Department of State), Margie-Lys Jaime (Legal Adviser, Office of Investment Arbitration, Ministry of Economy and Finance, Republic of Panama), Ladan Mehranvar (Senior Legal Researcher, Columbia Center on Sustainable Investment (“CCSI”)) and Marie-Claire Argac (Partner, Curtis, Mallet-Prevost, Colt & Mosle LLP). Mr. Bigge and Ms.
Improving CSR/sustainability? Too many organizations talk about balanced priorities but ultimately focus KPIs on cost (77% stated it still dominates supplier selection). Global automatic parts leader Meritor presents a great example. Accelerating innovation? People gravitate to what they are rewarded for.
The Pacific region, with its rich tapestry of cultures and diverse political landscapes, presents both unique opportunities and formidable challenges for international arbitration. She noted that where there is a foreign party with little understanding of the cultural aspects at play, this can present difficulties.
In December 2016, the AU passed the Pan African Investment Code (“PAIC”) —the first continent-wide model investment treaty—to promote sustainable development and “achieve overall balance of the rights and obligations between Member States and the investors under the Code.” See Cargill v. Mexico , ICSID Case No.
The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. Balance Procurement Objectives. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.
“ The event brought together leading experts to discuss the intersection of investment law and the global shift towards sustainable energy. The discussions were held under the Chatham House Rule, with each panelist presenting his or her insights, followed by a moderated Q&A session.
From February 2025, it will introduce a new system of procurement regulation that is meant, among other goals, to create flexibility and to allow for a different balancing of competing considerations in guiding procurement in the public interest. It is thus interesting to see how the PA23 has articulated its view of the public interest.
During your RfX process, pay much attention to the latter point, because the S2P suites are not always as integrated as presented. At Capgemini Invent, he is the Head of Procurement Transformation in Sweden & Finland where he led assignments around digital procurement, sustainable procurement, and strategic procurement.
USAID and the State Department are requesting information to assist the agencies in using artificial intelligence applications for sustainable development. What that means for us is just this balance of mitigation of risk and understanding that harm. This is largely something that’s important for us to learn and understand. …
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.
Will businesses go backwards due to necessity and survival or will they step up and push forward to go further and faster to achieve the right balance? On the business side, it may question the raison d’être and bring focus to finding the right balance between society, the environment and the economy. Balancing the Imbalanced.
We are delighted to present the first issue of the ninth volume of the European Investment Law and Arbitration Review ( EILA Rev ). The other group suggested enhancements and more pronounced checks and balances of the existing arbitration system. Spain which have sustained the Achmea objection and declined jurisdiction.
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]
Equally, companies are hungry for new technologies that can help them achieve sustainability. Rodrigo Bahia explained these put them ‘in line’ with the principles of the rest of the industry internationally which supports levelling the playing field for negotiations, even though the templates still present important concerns.
It broadens protections to include technologies pivotal in the shift towards sustainable energy and acknowledges the right of its contracting parties to regulate matters related to the energy transition and climate change. Moreover, despite its innovations, the modernised text still presents certain limitations.
Balancing internal cloud expertise with strategic partnerships and deep human, mission and customer understanding helps us lead the field in delivering cloud-enabled technology and capabilities,” Bergstrom said. Having completed all AWS certifications, Bergstrom is an AWS Ambassador who delivers keynote talks and presentations.
Similar to previous years, Working Group IIIs work was presented to and finalized at the UNCITRAL Commissions 57th session , some of the outcome of which are presented below. 126-27), it will be crucial for stakeholders to maintain inclusive and transparent dialogue to build a more balanced and effective ISDS system.
Another key update in this regard is the substantive revision of investment protection provisions, which now better balance investor rights with the right of Contracting Parties to regulate within their territories. Is it an advantage for promoting sustainable development through the ECT, or a shortcoming that could hinder its pursuit?
Understanding Federal IT Contracts Federal IT contracts are pivotal in sustaining the technological backbone of government operations. A key part of this is navigating the solicitation process, which includes comprehending the federal marketplace and presenting a compelling proposal.
This proposal has raised concerns about undermining the legitimacy of the arbitration process and whether it strikes the right balance between party autonomy and the supervisory role of courts. The case is pending before a 5-judge bench of the Court, which is presently hearing arguments on the question.
The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms. Significantly, FSS Blanket Purchase Agreements (BPAs), which leverage individual agency requirements, now account for over 53% of the dollar value of orders under the program.
The Army is looking to reform processes of the software lifecycle to facilitate the agencys digital transformation, including processes related to requirements, acquisition, contracting, test and evaluation, cybersecurity, cost estimation, data management, sustainment, and talent management. 2024 Small Business Regulatory Year in Review, Jan.22
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.
We hope you can join us for this highly informative presentation, followed by a networking reception. CMMC has led to affordability concerns, which Duffey recognized, stating that he would look to work with industry to ensure we balance a need for security with the burdens of excessive regulation. See more details on the agenda below.
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