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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
Protests of contracts went down last fiscal year. The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. Two data points help us understand some important facets of federal contracting.
The rule, which applied to open market competitions, will, once the rule is finalized, also apply to multiple award contract vehicles. And so based on that interpretation of the Small Business Act and the implementing regulations of procurement vehicle, that’s a multiple-award contract would also be subject to the Rule of Two.
Navigating the federal contracting landscape can be a daunting experience for small businesses. Raising the micro-purchase threshold One potential solution to these challenges is to raise the micro-purchase threshold, allowing federal agencies greater discretion in engaging directly with small businesses.
Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used. What is a Solicitation Tool?
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 In particular, it does not apply to bridge contracts. It would sole source the first part to 8(a) participant Peregrine Advisors Benefit, Inc. As such, the SEC offered a bridge contract worth $4.2
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 ?
One of the perks of being certified in any of the SBA’s small business socioeconomic contracting programs is the fact that there is potential for a sole source award. 8(a) Sole Source Awards Since the majority of sole source awards are made to 8(a) Program participants, let’s start there. What is a sole source award?
This article explores practical approaches to streamline public sector procurement processes and focuses on increasing participation from Small and Medium-sized Enterprises (SMEs). The intention is to encourage consideration of ways to simplify and open opportunities for SMEs to efficiently participate in more public procurements.
This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative government contracts. Want to start selling to governments but dont know where to begin?
Trying to figure out how to get a government contract? This no-nonsense guide walks you through the contracting process, from initial eligibility to bidding, and ultimately enables your small business to win contracts available every fiscal year. You’re in the right place!
Interview Transcript: Tom Temin Dan, the uniform guidance is a little bit outside of FAR and contracting concerns. And government contractors will sometimes participate in the federal grant space, either as contractors or as recipients or sub recipients. Let’s talk about maybe the threshold for what gets audited.
Many federal contractors know of and participate in the SBA’s Mentor-Protégé Program. Here at SmallGovCon, we have always endeavored to stay on top of all the different changes to the myriad of small business contracting programs. Also, the DoD will remove the deadline to apply to participate in the program.
The changes apply to all solicitations and contracts, including those at or below the Simplified Acquisition Threshold and for commercial-off-the-shelf products and services. It is in the best interest of the government to apply whistleblower protections through a clause in all federal government contracts.”
government in April 2024 issued a final rule calling for contracting officials to plan to procure sustainable and services “to the maximum extent practicable.” Article 8, for example, warns the procuring agency, “when first soliciting the participation of. Planning The first strategy looks to procurement planning. In the U.S.
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 contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.
If you are a small business government contractor who ever utilizes subcontractors to complete federal set-aside contracts, knowing what a “similarly situated entity” is for a given contract is vital to your success. So, let’s take it back to the basics of “similarly situated entities.”
Depending on the item and the value of the acquisition, the TAA 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 50,000 to 174,000.
million for construction contracts). While the specific goal will vary with each contract (or in some cases may be on a company-wide basis), it is rare for a contracting officer to find a large business hasn’t met the given goal. of completed contracts for 2022 for SDVOSBs! It was as low as 35.9%
Introduction to Find a Tender Service: Navigating UK Public Contracts The area of public sector tenders in the United Kingdom is complex but filled with opportunities. This innovative technology not only simplifies the process of discovering public sector contracts, but also makes the once-impossible task easy to manage.
Participants heard from industry experts, shared best practices, and forged new connections with their peers. What general policies do crown corporations follow when it comes to procurement, POs, and contracts? Depending on the purchase, contract lengths are generally 3-5 years with the option for renewal.
KS&T was a market participant in OCTP with tracking accounts for emission allowances in Ontario and California. Canada Award will have implications for cross-border participation in these mechanisms. The Program commenced in January 2017 and was linked with similar programs in California and Québec. The Koch v.
Taking this into consideration, as well as the volume of GSA Federal Supply Schedule (FSS) contracts and thereby source competition afforded the federal acquisition community, it’s quite interesting how the FAR prescribes “order set-asides.” How does the Act provide for the setting-aside of BPA Orders?
Taking this into consideration, as well as the volume of GSA Federal Supply Schedule (FSS) contracts and thereby source competition afforded the federal acquisition community, it’s quite interesting how the FAR prescribes “order set-asides.” How does the Act provide for the setting-aside of BPA Orders?
The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. The latest iteration of ePS is partly a spin-off of CON-IT, the platform the Air Force has been implementing for Defense contract writing since 2018. billion in contracts on.
This article provides some key considerations to enhance the reader’s understanding of the FAR prescriptions, AND, the user/participants experience using the CPARS. The policy reads: “Orders under single-agency contracts. Is there a contradiction or what is the correct interpretation?
I continue exploring the use of public procurement as a tool of digital regulation (or ‘AI regulation by contract’ as shorthand)—ie as a mechanism to promote transparency, explainability, cyber security, ethical and legal compliance leading to trustworthiness, etc in the adoption of digital technologies by the public sector.
As well as having good data, there are a number of highly competent interested agencies in Jamaica, with various roles in overseeing contracting, and longstanding UK-DFID (Department for International Development) support for local agencies that work to fight grand corruption and organised crime.
Looking to access federal contracts as a woman-owned small business? It empowers economically disadvantaged women to secure set-aside contracts. These guidelines are designed to ensure fair representation and opportunities for women entrepreneurs in federal contracting. The EDWOSB certification is key.
Given that above threshold procurement data is already (in the process of being) captured at EU level, the PPDS is very much about data on procurement not covered by the EU rules—which represents 80% of all public procurement contracts. As of 2025, the system could establish links with additional external data sources ’ (at 2).
Part 2 will cover the debarment list; contract award process and what options are available to suppliers if things go wrong. Extension of scope of the Act across the procurement and contract lifecycle to include contract management. For below thresholdcontracts , Contracts Finder will still be active.
EPAs are mechanisms built into contracts to increase or decrease stated contract prices of goods or services, generally contingent on market conditions. Contractors rapidly found that their MAS offerings were no longer economically feasible and began removing important goods and services from their contracts.
Concerns about NASA’s sixth iteration of its governmentwide acquisition contract known as SEWP have been bubbling underneath the surface for much of the past few months. The worry is the new size standard would exclude or make it nearly impossible for a large swath of small businesses to compete on the contract.
To be at the 100-employee threshold, the employer must be a “business enterprise that employs— (i) 100 or more employees, excluding part-time employees; or (ii) 100 or more employees, including part-time employees, who in the aggregate work at least 4,000 hours per week, exclusive of hours of overtime.” [57]
Streamlined Procedure is likely to be attractive to small-scale enterprises and parties involved in short-term contracts that prefer a swift determination within three months. In 2022 alone, SIAC received 87 requests for Expedited Procedure, of which 48 were accepted. Draft Rule 14.1(b) USD 715,000, and USD 1,330,00 (approx.).
Public contracts matter, he says: “The government allocates 32% of the country’s budget towards goods, services, and public works, to secure the rights and enhance the quality of life for citizens. Open data has been available in the Open Contracting Data Standard (OCDS) since 2020. More recently, it canceled a RD$1.3
Larry Allen Tom, I think that the change coming from the Office of Management and Budget, where they are going to implement the rule of two for task orders against all multiple award IDIQ contracts except the GSA schedules, is potentially a big deal depending on the size of your company. So, think about companies on NASA SEWP.
Participating in the program opens avenues for securing federal contracts through sole-source awards, eliminating the need for competitive bidding up to a designated threshold. Moreover, the 8(a) program extends far beyond contract access.
New opportunities in the public sector contracts and procurement process begin with finding the right tender opportunities. Thousands of contract notices are posted every week on different platforms in the UK. Public sector procurement information and contracts are available through both free and paid tender search engines.
This symposium is an excellent opportunity for contracts and compliance professionals, Federal account executives, and other professionals to stay informed and ensure their organizations are prepared for current and future cybersecurity requirements from their Federal customers. Comments on the proposed rule are due on Oct.
Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. A failure to do so could render the vendor ineligible to receive artificial intelligence-related contract awards.
Both prohibitions will apply to all procurements, including commercially available off-the-shelf (COTS) items, and purchases below the micro-purchase threshold: Section 5949(a)(1)(A) ( Part A ) prohibits agencies from acquiring electronic products or services that include covered semiconductor products or services. View the full article
These procurement forecasts alert small businesses to future opportunities and contain a wealth of government contracting market research for small business vendors. What are the two biggest barriers to success in government contracting? LRAFs alert vendors to potential contracting opportunities early in the procurement process.
This symposium is an excellent opportunity for contracts and compliance professionals, Federal account executives, and other professionals to stay informed and ensure their organizations are prepared for current and future cybersecurity requirements from their Federal customers. The CMMC 2.0 The CMMC 2.0
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