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1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. As such, the government is once again looking to increase these thresholds in light of the inflation that has occurred over the past five years. million to $9.5
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 ?
FAR 19.502-2(a) requires that all acquisitions for supplies or services that have an anticipated dollar value above the micro-purchase threshold ($10,000 at the time of this post) but not over the simplified acquisition threshold or SAT ($250,000 at the time of this post) be set aside for small businesses.
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 But we think this protest raises some important questions. Under 13 C.F.R. million for others), in most cases, the agency must compete the set-aside. But this rule does not apply in all circumstances.
This effect can be particularly important in countries with scarce physical and human capital. This means that there is a tipping point, or threshold, at which higher debt levels become detrimental to growth. For LAC countries, this threshold is at approximately 53 percent of GDP.
Here are some initial thoughts on some of the important changes proposed in this rule, as well as a recap of the original statute and my earlier predictions. The post New OCI Rule Contains Big Changes first appeared on SmallGovCon - Government Contracts Law Blog. Stay tuned for more updates on SmallGovCon.
While a separate blog post about all the differences is likely justified as some point, for this blog, we will just cover the unique items that DoD is planning on updating right now. It is important to note that these are proposed changes, not final. So, there is still a period for comments.
As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA. This represents about 15 percent of the VHAs $5 billion annual spend on medical supplies and equipment. Significant challenges across the medical supply chain remain.
The post Back to Basics: The Buy American Act first appeared on SmallGovCon - Government Contracts Law Blog. Sign up here for our free monthly newsletter , and follow us on LinkedIn , Twitter and Facebook.
On top of this, it also would allow DoD contracting officers to sole source contracts to VOSBs if the contracts are below certain dollar thresholds. It is very important to clarify here that the above all only would apply to DoD contracts. This new provision would also set up a VOSB contracting goal for DoD.
trade actions that have or may impose new or increased tariffs on certain imports of Chinese merchandise and solar products. Section 201 On May 16, 2024, the Biden Administration announced changes to safeguard duties under Section 201 currently in effect on certain solar product imports from numerous countries.
While we have already posted some updates from 2024, it’s a good time to reflect on the important posts from 2023. This post revisits those blog posts from 2023 that were the most popular. It’s a good chance to look back on the important articles from 2023, and those topics of continuing interest to federal contractors.
58/2016/ND-CP and its amendments related to cyber information security, including the export/import of civil encryption products (referred to as the “Draft Decree”). Monetary Fines and Penalties: The maximum monetary fine is set at VND 200 million, which is four times the threshold in Decree No. 58/2016/ND-CP.
At the same time, current experience raises important policy considerations and questions for stakeholders across the procurement community. Readers should look for future blogs addressing data analytics and the MAS program. Coalition members generally support the use of these new data management technologies.
This blog post highlights project management tools, references, and AWS Management Console tips that give public sector customers better project visibility, automate task management, and help accelerate project outcomes. What is the solution and most important customer benefit? What is the prevailing customer problem or opportunity?
CARM Release 2 Officially launched in May 2021, CARM is a multi-year initiative that is intended to simplify how importers account for goods, request advance rulings, adjust/correct declarations, and pay duties and taxes through the eponymous “ CARM Client Portal ”.
The result– the market has turned into almost a monopoly where there is one dominant provider and the threshold for other vendors is so high that entry is incredibly difficult. In Norway there has been a long period of consolidation on the vendor side where vendors have been bought to be discontinued or bought to be sold under a common brand.
In our region and within multilateral developing banks, it is a common practice to rely exclusively on monetary thresholds to decide on selection methods, which can be problematic as it is not the optimal solution for all cases. For LAC countries, digital technologies can be an important ally in achieving this balance.
To achieve this it will impose a carbon price on imported goods with the aim of levelling the playing field and ensuring that imported goods are subject to a carbon price that is comparable to that incurred by manufacturers based in the UK. Importers will be able to rely on default values, at least until 2031.
At the same time, current experience raises important policy considerations and questions for stakeholders across the procurement community. Readers should look for future blogs addressing data analytics and the MAS program. Coalition members generally support the use of these new data management technologies.
114-125 ) to increase the de minimis threshold for imports into the United States from $200 to $800, far exceeding similar thresholds in other countries globally. 10.151), imports that qualify for Section 321 treatment are entered under informal entry procedures, which do not require a U.S.
In order to bring Washington law in compliance with federal small works bonding requirements, Senate Bill 5734 , which passed both the House and Senate unanimously, addresses the following: Changes Project Amount: Increases the $35,000 threshold to $150,000. Purdy Associates, LLC [link] Copyright 2017 by Michael E.
A recent post in this blog covering the SIAC Symposium 2023 touched on practitioners’ views of different themes that can be found in the Draft Rules. It is important to contemplate whether this reduction may pose challenges in ensuring a thorough and well-considered decision within the constrained timeframe. and kevinnash@siac.org.sg
The Act requires all businesses that meet certain operating and financial thresholds to file an annual report to Public Safety Canada describing the steps it has taken during its previous financial year to prevent and reduce the risk of forced labour and child labour in its supply chains.
As contracting activities are busy awarding new contracts, it is important to follow the trends related to successful and effective protests as you consider filing your own bid protest, or as you defend your award as an intervenor. Below we dive into recent bid protest decisions and identify what won, what did not win, and why.
Amount B focuses on the remuneration of routine marketing and distribution activities carried out in the market jurisdiction by a related party of the MNE; the details of this important aspect are still being defined. New features of the proposal It is important to acknowledge that is a very innovative proposal.
All Dutch authorities must publish their above-the-threshold tenders via the TenderNed platform , so businesses can access all public data and documents from a single webpage. Publication of below-the-threshold tenders is voluntary. Visit OCP’s blog for more on how OCDS complements eForms ). Don’t just throw it out there.
Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. If the amount is over the threshold, sourcing is led by the procurement team, whether through a public bid, NOI, or limited tendering option.
Alerting and notifications: CloudWatch canaries can initiate alerts and notifications based on predefined thresholds, enabling teams to quickly respond to issues and minimize downtime. let i++ ; Next is one of the most important aspects of the build: the hashing logic and deployment packaging.
In this blog post, I offer some thoughts on the PPDS, its functional goals, likely effects, and the quickly closing window of opportunity for Member States to support its feasibility through an ambitious implementation of the new procurement eForms at domestic level (on which see earlier thoughts here ).
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.
Depending on the item and the value of the acquisition, the TAA and/or other specific free trade agreements might apply because the United States Trade Representative (USTR) has waived the BAA for many supply acquisitions above specific thresholds, ranging from 50k to 174k.
This blog post analyzes the latest developments under the 1958 New York Convention (“ Convention ”), including international precedents, and relevant Pakistani law on the recognition and enforcement of interim, foreign arbitral awards in Pakistan. Damietta International by the Cairo Court of Appeal (as discussed in a prior blog post ).
He emphasised the importance of arbitration to business and society, particularly owing to the present burden on the courts. She also highlighted the high threshold in Denmark to set aside an award based on an arbitral tribunal’s action, especially if such action is covered by the national law, institutional rules and/or procedural orders.
Escape clauses are an important element of fiscal rules, as they help striking a balance between fiscal rigidity and adaptability, which is crucial for managing economic challenges. Subscribe to our newsletter to keep yourself updated about our latest publications, blogs and events. Learn about how to manage fiscal risks with FISLAC.
Contractors rapidly found that their MAS offerings were no longer economically feasible and began removing important goods and services from their contracts. It also lowered the approval threshold for EPA increase requests and allowed for the removal and re-addition of contract items at higher, renegotiated prices.
Under certain conditions, the EU says, well-designed subsidy schemes can make an important contribution to achieving climate transition and other environmental goals. extra import duties) aim to offset the benefits of subsidies to beneficiaries that export subsidized products. to its hydrogen industry. International Trade Commission.
This emphasises the importance of being on the right framework agreements for suppliers. For suppliers, securing a position on an essential public sector frameworks list is more important than ever. Suppliers are so focused on meeting deadlines that they forget to attach or misplace important documents. In 2023, the U.S.
Five ways to improve public sector procurement for startups For this blog piece, we look at how public sector procurement should improve to help smaller businesses to work with the government. Whether it is an early stage, scaleup or SME, the idea that any company can at some point be helpful is important to keep in mind.
Dr. Al Tourah commented on the ongoing discussions to progress Kuwait’s arbitration landscape and on the importance of selecting the most appropriate regime for Kuwait. Balfaqeeh then presented an in-depth analysis of the threshold for interim reliefs, particularly under the UAE Arbitration Law.
The Indian arbitration bar was waiting for an important judgment of a 7-judge bench of the Indian Supreme Court (“ Judgment ”), which reviewed its own earlier judgment in NN Global Mercantile Private Limited v. and Ors. (“ NN Global ”) covered in a previous blog post here. Indo Unique Flame Ltd.
After a brief overview of the facts, this blog post will address the timeliness of such a defence, its self-judging character and the standard of review. Yet, this is not the end of the story and the most recent decision in Samuel Seda v Colombia is different in several aspects. A novelty is the approach to the notion of security interests.
Stefan Deaconu (Court of International Commercial Arbitration, the Chamber of Commerce and Industry of Romania) emphasised the importance of maintaining trust in the arbitral process, tracing back to ethics, legitimacy, and personal reputation. of the VIAC Rules ). Russia and Stati v. Republic of Kazakhstan ).
The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training. The CMMC 2.0 Raimondo , 144 S.Ct.
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