Definition - Public Procurement Central

Supplier Management Explained – Definitions, Elements, and Examples

Art of Procurement

AUGUST 22, 2024

The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement. Supplier management refers to the administration of providers of goods and/or services to a business. While this sounds straightforward, today’s.

Supplier

Supplier Management Procurement

Whose Site Is It Anyway: Trade Groups Challenge DOL’s Prevailing Wage Calculation and Expanded Definition of the Site of Work Under the Davis-Bacon Act

Inside Government Contracts

DECEMBER 14, 2023

Among other things, the final rule alters how DOL calculates the prevailing wage rates for each locality, and expands the definition of the “site of work” and categories of workers subject to the DBA. We expand on the final rule’s changes — and on the pending legal challenges — below.

IT

IT Thresholds Manufacturing Contract

New Year, (Potentially) New Definition for “Subcontract”

Government Contracts & Investigations

DECEMBER 19, 2023

Yes, you read that correctly – there is no single definition for the terms “subcontract” or “subcontractor.” The terms “subcontract” and “subcontractor” appear rather frequently in the FAR, being defined in twenty (20) different Subparts, resulting in at least eight (8) unique definitions.

Supplier

Supplier Contract Supply Chain Import

What is Procurement Technology? The Definitions, Trends, and Tools you Should Know

Art of Procurement

AUGUST 14, 2024

The Definitions, Trends, and Tools you Should Know appeared first on Art of Procurement. If you work in procurement, it’s hard to avoid the topic of technology. Most procurement organizations have gone through decade-long. The post What is Procurement Technology?

Procurement

Artificial Intelligence 101: Definitions

GovLoop

OCTOBER 17, 2023

Here are definitions of the more popular forms of AI, with a focus on the intended purpose of each: Artificial general intelligence mimics basic human cognitive abilities, making it possible for it to tackle any problem or task that a human could do even if it’s not part of its original programming. ChatGPT or DALL-E).

Networking

Networking Data IT

SBA OIG Again Challenges SBA’s Revised Definition of a HUBZone Employee

SmallGovCon

NOVEMBER 15, 2023

Small Business Administration’s Office of Inspector General isn’t mincing words–OIG thinks that SBA has strayed from Congressional intent with its expansive definition of who qualifies as a HUBZone employee for purposes of satisfying the HUBZone Program’s eligibility requirements.

Bidder

Bidder Government Contracts Contract Government

Boeing Awarded $2.56B Air Force Definitized Contract for E-7A Rapid Prototype Program

GovCon Wire

AUGUST 12, 2024

The Department of Defense said Friday the award marks the definitization of a Air Force has awarded Boeing (NYSE: BA) a potential $2.56

Contract

EU: Anti-dumping measures to apply in more situations because Commission extends definition of “consigned from” (updated)

Import and Trade Remedies

OCTOBER 10, 2024

This blog concerns an update of our previous blog on the extension of the definition of “consigned from”, to be found here. The question arose before Dutch customs what the definition of the term “consigned from” is. The EU regularly extends these duties to imports of these products from other countries to counter circumvention.

Export

Export Import Supply Chain IT

Taking Care of Business (Systems): DoD Proposes to Change the Definition of a Business System Deficiency

Government Contracts Legal Forum

JULY 10, 2024

The post Taking Care of Business (Systems): DoD Proposes to Change the Definition of a Business System Deficiency appeared first on Government Contracts Legal Forum. View the full article

Internal Control

Internal Control Material Management Accountability Purchasing

EU: Anti-dumping measures to apply in more situations because Commission extends definition of “consigned from”

Import and Trade Remedies

JULY 1, 2024

The question arose before Dutch customs what the definition of the term “consigned from” is. The post <strong>EU: Anti-dumping measures to apply in more situations because Commission extends definition of “consigned from”</strong> appeared first on Import and Trade Remedies Blog.

Supply Chain

Supply Chain Import Export IT

Definitive Guidance on Facility Security Clearances for Small Business Joint Ventures

Government Contract Insights

OCTOBER 10, 2023

The Small Business Administration (SBA) and the Information Security Oversight Office (ISSO) have issued a Joint Notice to clarify how Facility Security Clearances (FCLs) (also called Entity Eligibility Determinations, or EEDs) work for joint ventures.

Procurement

Procurement Contract

The Definitive Guide to CIO-SP4: What Contractors Need to Know

ExecutiveBiz

APRIL 8, 2024

CIO-SP4, officially known as the Chief Information Officer-Solutions and Partners 4, is a government-wide acquisition contract vehicle administered by the National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC).

Contract

Contract IT Government Government

Scale AI pushes Congress to take action on AI data, safety issues this year

FedScoop

OCTOBER 18, 2024

One of the country’s leading generative AI startups is urging congressional leadership to take action on a trio of safety, data and definitional priorities for the emerging technology before the end of the year. In a letter sent Thursday from Alexandr Wang to Senate Majority Leader Chuck Schumer, D-N.Y., Minority Leader Mitch McConnell, R-Ky.,

Data

Data Quality Networking Leadership

Medicare Overpayment Rules Are A Mixed Bag For Providers

Government Contracts

NOVEMBER 19, 2024

The Centers for Medicare & Medicaid Services' updated rules for handling agency overpayments adopt a more reasonable definition of what it means to have "identified" an overpayment, which is a win for providers, but their new time frame for investigating related overpayments is unrealistic, says Susan Banks at Holland & Knight.

IT

AeroVironment to Buy BlueHalo in $4.1B Deal

WashngtonExec

NOVEMBER 19, 2024

has entered into a definitive agreement to acquire BlueHalo in an all-stock transaction valued at $4.1 AeroVironment, Inc. The combined company will integrate capabilities to deliver a comprehensive portfolio of high-growth franchises, driven by cutting-edge technology and focused on key priorities for the nation and its allies.

Integration

Integration Integrity IT Contract

AeroVironment to Acquire BlueHalo for $4.1B to Advance Defense Capabilities

ExecutiveBiz

NOVEMBER 19, 2024

AV announced Tuesday that a definitive agreement had already been executed and that the transaction is expected to close in the first half of calendar year 2025. AeroVironment will acquire BlueHalo for $4.1 billion in an all-stock transaction to broaden the company’s defense capabilities portfolio.

Collaboration

Baird’s John Song Weighs in on KBR Acquisition of LinQuest

ExecutiveBiz

JULY 16, 2024

KBR has entered into a definitive agreement to purchase LinQuest Corporation – a company focused on engineering, data analytics and digital integration – for $737 million.

Purchasing

Purchasing Engineering Integration Integrity

Predictions: Upcoming Rules on Conflicts of Interest

SmallGovCon

SEPTEMBER 26, 2024

Congress would really like the FAR to focus on additional examples Definitions. the FAR must update “definitions related to specific types of organizational conflicts of interest, including unequal access to information, impaired objectivity, and biased ground rules.” So, it definitely leaves some gaps to fill. Definitions.

Government Contracts

Government Contracts Contract Government Government

DoD Implementing the Congressional Direction to Align DFARS with GAAS

Redstone Government Consulting

JULY 3, 2024

In the June 27, 2024 Federal Register , the Department of Defense (DoD) is proposing to change the Defense Federal Acquisition Regulation Supplement (DFARS) to implement a section of the National Defense Authorization Act for Fiscal Year 2021 requiring that the generally accepted auditing standards (GAAS) definition of a “material weakness” be used (..)

Evaluation

Evaluation Government Government

EnerSys to Acquire Bren-Tronics for $208M

ExecutiveBiz

MAY 6, 2024

Stored energy technologies provider EnerSys has entered into a definitive agreement to acquire for $208 million Bren-Tronics, a manufacturer of portable power products for defense customers. EnerSys said Thursday it expects to close the all-cash transaction by the second quarter of 2024.

Manufacturing

Manufacturing Integration Integrity IT

Parsons to Acquire BCC Engineering in $230M Deal

WashngtonExec

OCTOBER 22, 2024

has entered into a definitive agreement to acquire BCC Engineering, LLC, a Florida-based transportation engineering firm, in an all-cash transaction valued at $230 million. Parsons Corp. BCC is a portfolio company of Trivest Partners.

Engineering

Engineering Transportation Transportation Management

Growing pains at the Bureau of Cyberspace and Digital Policy, report finds

FedScoop

JANUARY 12, 2024

The GAO found that the State Department is addressing challenges at the new bureau tied to role definitions and hiring.

The BIOSECURE Act

Federal News Network

JULY 18, 2024

She addresses the proposed legislation’s key definitions, contracting restrictions, scope of coverage, and implementation timelines. Sturm provides context on the goals for the legislation and outlines the key provisions and how they would impact federal contracts, agencies, and contractors.

Supply Chain

Supply Chain Networking Import Contract

DoD award lead times increased for higher value contracts

Federal News Network

MARCH 15, 2024

DoD-wide median lead time by contracting approach: Definitive contracts: Indefinite delivery contracts: Orders: Median order award times are generally shorter across the service branches, while definitive and indefinite delivery contracts take significantly longer to award.

Contract

Contract Logistics Procurement Goods & Services

CBRE Group to Acquire J&J Worldwide Services for $800M; Steve Kelley & Sean Thompson Quoted

ExecutiveBiz

FEBRUARY 5, 2024

J&J Worldwide Services and CBRE Group have inked a definitive agreement for the latter's acquisition of the Arlington Capital Partners portfolio company for $800 million in cash.

Thresholds

Thresholds Price Purchasing Finance

CACI to Acquire Azure Summit Technology for $1.27B in Effort to Bolster National Security Technology; John Mengucci Quoted

ExecutiveBiz

SEPTEMBER 16, 2024

CACI International has entered into a definitive agreement to acquire Azure Summit Technology to continue the company’s efforts to produce technology tailored to national security.

Engineering

Engineering IT

Gogo Seeks Entry Into Government/Military Mobility Market With $375M Satcom Direct Acquisition

GovCon Wire

OCTOBER 1, 2024

Business aviation broadband connectivity provider Gogo (Nasdaq: GOGO) has signed a definitive agreement to acquire in-flight connectivity company Satcom Direct for $375 million in cash.

Government

Government Government IT

Exiger to Receive Investment From Carlyle, Insight Partners Under New Agreement; Brandon Daniels Quoted

ExecutiveBiz

DECEMBER 19, 2023

Carlyle and Insight Partners have made a definitive agreement to invest in artificial intelligence-focused company Exiger.

Management

Management IT

Understanding Indirect Costs Under FAR and 2 CFR 200

Redstone Government Consulting

OCTOBER 2, 2024

Below is a comparison of the definition of direct cost in the Federal Acquisition Regulations (FAR) and 2 Code of Federal Regulation (CFR) 200. Direct Costs To understand indirect costs, it is always best to understand direct costs. non-profits and educational institutions).

Education

Education IT Accountability Government

IRS should bring back Technology Retirement Office, watchdog says

FedScoop

AUGUST 13, 2024

TIGTA also recommended that the IRS properly apply its definition of “legacy system” and make sure that that term is programmed into queries to effectively pinpoint all such systems. The tax agency agreed with the recommendation and said it would update the query definition that is currently programmed.

Transparency

Transparency IT Management Data

DOD Issues Final DFARS Rule Implementing Increased Buy American Restrictions for Defense Procurements

Inside Government Contracts

MARCH 1, 2024

The increased threshold modifies the DFARS definitions for domestic end product, qualifying country end product, and domestic construction material. The rule relies on FAR 25.105 for its definition of “critical item” and “critical component.” Beginning in calendar year 2029, the threshold will be 75 percent.

Thresholds

Thresholds Procurement Price Quantity

Why Identifying Commercial Items at Your Organization is Key

Redstone Government Consulting

NOVEMBER 15, 2023

If you are selling products/services under FAR 15 based contracts or subcontracts, submitting certified cost and pricing data and documenting other accounting and purchasing requirements that come along with it, when the products/services technically meet the definition of commercial under the FAR – it may be time to rethink your approach.

Price

Price Purchasing Accountability Data

35th Annual Judicial Conference – U.S. Court of Federal Claims in Washington DC

SmallGovCon

OCTOBER 16, 2024

It’s definitely an honor to be speaking at the 35th Annual Judicial Conference for the Court of Federal Claims. This prestigious event gathers legal professionals, judges, and scholars from across the country to discuss the latest developments in the judiciary and legal system.

Government Contracts

Government Contracts Procurement Contract Government

Multiple Companies Secure Spots on $750M TRANSCOM Deal for Port Operations, Transportation Services

GovCon Wire

JULY 16, 2024

Scope of Contract The deal covers international ocean transportation as well as intermodal, time definite, The contract seeks to provide commercial port operations and related transportation services, the Department of Defense said Monday.

Transportation

Transportation Transportation Quantity Price

Army Contracting Command driving move to agile software

Federal News Network

SEPTEMBER 11, 2024

We’re definitely are looking at innovation from places like the Homeland Security Department’s Procurement Innovation Lab (PIL) and what they have,” MacGillis said. “We’re MacGillis said the training and documents are part of how the DC3oE is creating a culture change.

Contract

Contract Innovation Electronics Networking

Parsons Inks $200M Deal to Acquire BlackSignal Technologies

WashngtonExec

JULY 31, 2024

entered into a definitive agreement to acquire BlackSignal Technologies, LLC, a Razor’s Edge portfolio company, in an accretive deal valued at $200 million. Parsons Corp. Parsons anticipates that the acquisition will close in August.

Electronics

Astrion to Acquire Axient

WashngtonExec

JULY 24, 2024

Astrion, a Brightstar Capital Partners portfolio company, has signed a definitive agreement to acquire Axient. Astrion provides services to boost preparedness, optimize performance and ensure mission success for defense and federal agencies.

Engineering

Engineering Integration Integrity

Madison Dearborn Partners Sells LinQuest to KBR

WashngtonExec

JULY 16, 2024

Madison Dearborn Partners has signed a definitive agreement to sell LinQuest to KBR. LinQuest is a national security space systems and technology solutions provider for the defense and intelligence communities, and KBR provides science, technology and engineering solutions to governments and companies globally.

Engineering

Engineering Government Government

Boeing Secures $657M Navy Contract Modification for MQ-25 Test Article Aircraft

GovCon Wire

APRIL 2, 2024

The modification includes related tooling and communication systems changes to the aerial refueling drone and seeks to definitize obsolescence phase two for non-recurring engineering Navy to support the production and delivery of two more MQ-25 Stingray System Demonstration Test Article aircraft.

Contract

Contract Engineering

Govology Webinar: June 6, 2024 – Understanding and Complying with the Nonmanufacturer Rule (2024 Update)

SmallGovCon

MAY 23, 2024

Despite its seemingly straightforward definition, being classified as a “nonmanufacturer” entails more than simply not being the manufacturer. The nonmanufacturer rule is one that is commonly misunderstood in the federal government contracting realm. But it is also one we encounter quite often in our role assisting federal contractors.

Government Contracts

Government Contracts Manufacturing Contract Government

Contractor Performance Information (FAR 42.15) and the Contractor Performance Assessment Reporting System (CPARS)

Public Contracting Institute

AUGUST 19, 2024

The “orders under single-agency contracts” Policy (FAR 42.1502(d)) This policy owns definitive clout and the interpretation of this policy warrants some appreciative clarity and confirmation. The policy reads: “Orders under single-agency contracts.

Evaluation

Evaluation Participation Thresholds Contract

5 Lessons From Ex-Vitol Trader's FCPA Conviction

Government Contracts

MAY 21, 2024

The recent Foreign Corrupt Practices Act and money laundering conviction of former Vitol oil trader Javier Aguilar in a New York federal court provides defense takeaways on issues ranging from the definition of “domestic concern” to jury instruction strategy, says attorney Andrew Feldman.

Corruption

ICEYE to Expand Product Portfolio, Invest in SAR Constellation Using $93M in Fresh Funds

ExecutiveBiz

APRIL 18, 2024

ICEYE has signed a definitive agreement for an oversubscribed $93 million growth funding round , bringing the company's total amount raised to $438 million.

Manufacturing

Manufacturing IT Finance

Department of Commerce Issues Proposed Rule to Regulate Infrastructure-as-a-Service Providers and Resellers

Inside Government Contracts

FEBRUARY 7, 2024

The proposed regulations are further explained and summarized below: Key Definitions: Certain terms are broadly defined and capture large segments of the U.S. Below are definitions for four key terms that illustrate the scope of the Proposed Rule. cloud computing sector. bare-metal servers”). IaaS products and any of their U.S.

Accountability

Accountability Supply Chain Networking Data

Supplier Management Explained – Definitions, Elements, and Examples

Whose Site Is It Anyway: Trade Groups Challenge DOL’s Prevailing Wage Calculation and Expanded Definition of the Site of Work Under the Davis-Bacon Act

Trending Sources

New Year, (Potentially) New Definition for “Subcontract”

What is Procurement Technology? The Definitions, Trends, and Tools you Should Know

Artificial Intelligence 101: Definitions

SBA OIG Again Challenges SBA’s Revised Definition of a HUBZone Employee

Boeing Awarded $2.56B Air Force Definitized Contract for E-7A Rapid Prototype Program

EU: Anti-dumping measures to apply in more situations because Commission extends definition of “consigned from” (updated)

Taking Care of Business (Systems): DoD Proposes to Change the Definition of a Business System Deficiency

EU: Anti-dumping measures to apply in more situations because Commission extends definition of “consigned from”

Definitive Guidance on Facility Security Clearances for Small Business Joint Ventures

The Definitive Guide to CIO-SP4: What Contractors Need to Know

Scale AI pushes Congress to take action on AI data, safety issues this year

Medicare Overpayment Rules Are A Mixed Bag For Providers

AeroVironment to Buy BlueHalo in $4.1B Deal

AeroVironment to Acquire BlueHalo for $4.1B to Advance Defense Capabilities

Baird’s John Song Weighs in on KBR Acquisition of LinQuest

Predictions: Upcoming Rules on Conflicts of Interest

DoD Implementing the Congressional Direction to Align DFARS with GAAS

EnerSys to Acquire Bren-Tronics for $208M

Parsons to Acquire BCC Engineering in $230M Deal

Growing pains at the Bureau of Cyberspace and Digital Policy, report finds

The BIOSECURE Act

DoD award lead times increased for higher value contracts

CBRE Group to Acquire J&J Worldwide Services for $800M; Steve Kelley & Sean Thompson Quoted

CACI to Acquire Azure Summit Technology for $1.27B in Effort to Bolster National Security Technology; John Mengucci Quoted

Gogo Seeks Entry Into Government/Military Mobility Market With $375M Satcom Direct Acquisition

Exiger to Receive Investment From Carlyle, Insight Partners Under New Agreement; Brandon Daniels Quoted

Understanding Indirect Costs Under FAR and 2 CFR 200

IRS should bring back Technology Retirement Office, watchdog says

DOD Issues Final DFARS Rule Implementing Increased Buy American Restrictions for Defense Procurements

Why Identifying Commercial Items at Your Organization is Key

35th Annual Judicial Conference – U.S. Court of Federal Claims in Washington DC

Multiple Companies Secure Spots on $750M TRANSCOM Deal for Port Operations, Transportation Services

Army Contracting Command driving move to agile software

Parsons Inks $200M Deal to Acquire BlackSignal Technologies

Astrion to Acquire Axient

Madison Dearborn Partners Sells LinQuest to KBR

Boeing Secures $657M Navy Contract Modification for MQ-25 Test Article Aircraft

Govology Webinar: June 6, 2024 – Understanding and Complying with the Nonmanufacturer Rule (2024 Update)

Contractor Performance Information (FAR 42.15) and the Contractor Performance Assessment Reporting System (CPARS)

5 Lessons From Ex-Vitol Trader's FCPA Conviction

ICEYE to Expand Product Portfolio, Invest in SAR Constellation Using $93M in Fresh Funds

Department of Commerce Issues Proposed Rule to Regulate Infrastructure-as-a-Service Providers and Resellers

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