This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. The problem was that now, the 2022 contract to Peregrine was about to expire with no successor to take on the data management services.
One would think the $25 million threshold applicable to protests of DOD task orders (the threshold is $10 million for civilian agency task orders) would be easily understood and simple to apply. GAO reasoned that because “the value of the task order [was] below $25,000,000. it does not have jurisdiction to consider the protest.”
We have published a new Scottish Procurement Policy Note (SPPN) on updates to procurement thresholds SPPN 5/2023. This policy note provides changes to financial thresholds to the Public Contracts (Scotland) Regulations 2015, the Utilities Contracts (Scotland) Regulations 2016 and the Concession Contracts (Scotland) Regulations 2016.
The cost is defrayed in three contracts: a services contract to design the stage itself and two separate public works contracts for the actual construction (main stage + foundations). All contracts were awarded by a single public body. to build and be used for a couple of days. Why was this possible?
By: Richard Arnholt On November 8, the Government Accountability Office (GAO) denied an unsuccessful bidder’s protest that asserted the Veteran Administration’s (VA) evaluation of Texas Waste Company’s past performance was unreasonable and reflected the Contracting Officer’s (CO) bias.
OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. As avid readers of our blog know, some things that can be quite confusing in small business federal contracting are the limitations on subcontracting, and its counterpart, the nonmanufacturer rule.
Current FAR 9.506 simply commands contracting officers to review OCIs, but with little guidance for agencies. The rule will note that “Incumbent contractors may have a natural advantage that is not unfair when competing for follow-on contracts because of knowledge and expertise developed during contract performance.”
9595, if passed, will facilitate a competitive, flexible procurement environment that encourages innovation, reduces acquisition delays, and creates new opportunities for businesses to enter the federal contracting space.”
I was asked to revisit the Fosen-Linjen Saga on the EFTA Court’s interpretation of the threshold for liability in damages arising from breaches of EU/EEA procurement law.
Consilidation The Procurement Act 2023 will be a consolidation of: Public Contracts Regulations 2015 Concession Contracts Regulations 2016 Utilities Contracts Regulations 2016 Defence and Security Public Contracts Regulations 2011 but will need to be read alongside the The Procurement Regulations 2024 and the National Procurement Policy Statement 1.
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 ?
We will continue to work hard to provide helpful federal contracting news and updates in 2024 and we truly appreciate your continued support and feedback. Enjoy a final few federal contracting updates to round out the year, including the new CMMC rules and new SDVOSB goals. Happy new year!
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!
As a threshold matter, attendees will learn the differences between teaming and subcontracting, why both types of agreements can be essential, and when in the procurement timeline each is used. Finally, she touches on some the most common subcontracting mistakes made by subs and primes in federal contracting, and how to avoid them.
The Rule of Two is the federal contracting rule requiring agencies to set aside a solicitation for competition only between small businesses when there are at least two small businesses that could do the work for a fair price. But that rule does have some exceptions. Otherwise, the acquisition may be partially set-aside under FAR 19.502-3.
It appears to be looking to do so no not with a change to the Public Contracts Code which is supposed to contain the bulk of the rules applicable to public procurement in the contract but instead via a resolution from the Council of Ministers ( available as a draft for public discussion ).
The European Court of Auditors published yesterday its report on EU public procurement between 2011 and 2021 , looking into the competition for public contracts covered by EU rules. The problem is how to go forward from here but the time to start thinking is now.
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?
The requirement to pay “prevailing wages” to covered workers is a perennial aspect of many types of government contracting, including construction contracts subject to the Davis-Bacon Act (“DBA”) and certain related laws (collectively referred to as the Davis-Bacon and Related Acts or “DBRA”).
Interview Transcript: Tom Temin Dan, the uniform guidance is a little bit outside of FAR and contracting concerns. And increasingly, the federal grant in assistance space is becoming subject to more requirements that start to look like government contracts. Let’s talk about maybe the threshold for what gets audited.
As of 1 January 2022, the minimum financial thresholds for the procurement regime to apply changed, so new ones are now in force. The change has two key features: The new thresholds only affect procurements commencing on or after 1 January 2022. Procurements already commenced before then are unaffected.
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. As you will see below, it is easier for contracting officers to give sole source awards to 8(a) Program participants. What is a sole source award?
The VA has made steady and significant progress in the management and operation of its prime vendor distribution contract and Supply Blanket Purchase Agreements (BPA) for the Medical/Surgical Prime Vendor (MSPV) program. Currently, there over 38,000 approved products available via the Supply BPAs.
Multiple-award contracts don’t mean everyone who bids get a slot. Stephen Bacon So this was a VA procurement, the [Transformation Twenty-One Total Technology-Next Generation (T4NG)] contract for IT services. And so this protest involved a challenge to that competition for the on ramp. And they were going to add several.
The Cost Accounting Standards Board (CASB) recently announced that it seeks public comments on “whether and how” to amend the rules to clarify whether the CAS apply to indefinite value contract vehicles (or IDVs, otherwise known as indefinite-delivery / indefinite-quantity, or IDIQ, contracts).
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.”
For example, the Communication recognises that 80% of contracts are below-thresholds and as such no real procurement data is captured about them beyond the approach taken by individual member States in using TED for the notices or doing so via national portals. Wouldn't it be great if all that data was captured in a single place?
We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. Furthermore, the contracting officer for a matter can even determine that for that specific procurement that the item in question isn’t really available in the United States. call 785-200-8919.
Below, we recap her primary takeaways, giving readers a comprehensive guide to winning more government contracts with GovSpend. For instance, if you sell rock salt, you’ll notice peak spending in Q3 and Q4, which helps you time your efforts accordingly or pinpoint when contracts with your competitors are up for renewal.
The Veteran-Owned Small Business (VOSB) Program has long held a sort of unheralded position in SBA and federal contracting. In contrast, all agencies can set aside contracts for SDVOSBs. But things might be changing, as Congress has proposed a big step towards expanding what agencies can set-aside contracts for VOSBs.
This article considers the reasons why parties often choose to seat their arbitration in a foreign jurisdiction, looking in particular at commercial contracts in Pakistan with an arbitration clause seating the dispute in London. Under Section 3.6(a)
The FAR rule will become effective on December 4, 2023, and will apply to new contracts and contracts subject to extension or renewal. The rule instructs that existing IDIQ contracts should be modified by the Government within six months of December 4, 2023 to apply the requirements to future orders.
The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000. AI National Security Memo Aims to Avoid U.S.
While that new structure comes into place, Derrios also is giving State’s acquisition workforce new tools and creating new governance bodies to help reduce time to contract award. Agencies tend to protect the contract ceilings of their FFRDC vehicles so that too limited access. The threshold [for review] is $250 million and over.
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.”
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.
January 2024 - Revised thresholds for new procurements come into effect. Here are the steps you can take now to smoothen the transition to the new rules: Familiarise yourself with the new Procurement Act 2023 (legislation.gov.uk) Review your current contracts and procurement pipeline for 2024, to consider the new Act.
New public procurement thresholds apply from 1 January 2022 As of 1 January 2022, the minimum financial thresholds for the procurement regime to apply will change. This change has two key features: In real terms, the result is a lowering of the net thresholds.
The VA is inching toward awarding contracts for its upcoming modernization of a supply chain management system, officials shared during a House Veterans’ Affairs Subcommittee hearing.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content