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We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]
Howeversignificant activity is expected after the election, including negotiations on annual spending bills and the National Defense Authorization Act (NDAA). 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.
The model AI clauses have been developed by reference to the (future) obligations arising from the EU AI Act currently under advanced stages of negotiation. This has been heavily criticised in a recent open letter.
Following that reasoning, the proposed rule update will ensure that the definition for “mentor,” found at 13 C.F.R. e)(6) states: A protégé may generally have a total of two mentor-protégé agreements with different mentors. (i) e)(6) be redesignated to be located in the protégé-specific provisions as 13 C.F.R.
128.401(e)) Programs. e) provide the following: For a single award small business contract or any unrestricted contract, a concern that recertified as other than small or other than the required small business program status: Remains eligible to receive options and May receive orders or agreements issued. 121.104), HUBZone (13 C.F.R.
Although there is no clear consensus on its definition, this experience is usually understood to be how a user feels about an interactive tool linked to a product or service. Intuitive” is a notion that comes from our experience with B2C applications, whether on e-commerce sites or using mobile applications that supply content.
The Federal Government’s procurement spend in FY2023 was $765 billion ($470 billion for defense agencies), [106] and most of the procurement spend was discretionary spending. So, given that discretionary spending is more likely to be cut than mandatory spending, procurement spending cuts will be part of any significant budget cuts.
Celebrating a Dedicated Procurement Leader: Wishing Tom Sisti a Happy Retirement! It is with mixed emotions that The Coalition for Government Procurement announces the retirement of Executive Vice President & General Counsel, Tom Sisti. Furthermore, he worked as Procurement Counsel detailed to the U.S.
34] And DFARS 252.216-7000(e) gives the Contracting Officer the option of terminating the cost-increase-impacted portion of the contract/order. [35] Labor costs for which a definitive union agreement exists’);]” (9) “Allocate that part of the contract price subject to adjustment to specific periods of time (e.g., As Guideline No.
Announcing the Coalition’s Cyber Side Chat, September 12 The Coalition for Government Procurement is proud to present its first-ever Cybersecurity Symposium: The Cyber Side Chat on September 12! Gain valuable insights from leading government and industry cybersecurity and procurement professionals. To register, click here.
Weekend & Holiday Tolling Regarding the definition of day for the three-day request period, FAR 15.501 states “ Day , as used in this subpart, has the meaning set forth at [FAR] 33.101.” [11] 13] However, to be clear, the predicate for this being the case is that the procurement must rely upon the debriefing provisions of FAR Subpart 15.5—such
” The White House also released an accompanying Fact Sheet that announces a “new goal to phase out Federal procurement of single-use plastics from food service operations, events, and packaging by 2027, and from all Federal operations by 2035.” The related TAA definition can be found here. Coffey , and Michael E.
While DoD previously focused on grants and procurement commitments, the office is now looking at loans and loan guarantees to move forward with defense industrial base initiatives. The proposed regulations are further explained and summarized below: Key Definitions: Certain terms are broadly defined and capture large segments of the U.S.
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms. Emphasis added.) See Section 2.
As calendar year 2023 ends, the Coalition is looking ahead to 2024 and the policies, programs, and initiatives that will shape the federal procurement system and the delivery of customer agency mission support. Competition and industrial base are important to the vitality of the procurement system.
Consequently, in the 2014 Final Rule , DoL expressly excluded the minimum wage increase from the Government’s unilateral exercise of a pre-negotiated option on an already existing contract. [63] FAR 22.401 (definitions of Apprentice and Trainee ); 79 Fed. e); FAR Clause 52.222-55(c)(2)(ii). [15] 12] See 29 C.F.R. 13] See id.;
Specifically, the GovCon Order applies for contractors/subcontractors of “[e]xecutive departments and agencies, including independent establishments subject to the Federal Property and Administrative Services Act, 40 U.S.C. Postal Service or the Postal Regulatory Commission. [12] Emphasis on the word some. 102(4)(B). . 6701 et seq.; (iii)
This compliance headache is shared by procuring Agencies, prime contractors, subcontractors, and supply chain vendors, among others. 14,042 is being implemented by each procuring Agency developing its own FAR Subpart 1.4 Generally, procuring Agencies seem to be adopting the FARC-recommended clause without changes.
The four priorities of the BCI include: Leveraging Data Across Federal Agencies to Get Lower Prices and Better Terms; Negotiating Common Enterprise-Wide Software Licenses; Saving Money and Avoiding Waste by Getting Contract Requirements Right the First Time; and Getting Better Value from Sole Source and Other High-Risk Contracts.
Congress Releases Compromise $895 Billion FY25 NDAA Meritalk reports that the House of Representatives and Senate published their final negotiated version of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2025. billion in spending, falling just below the mandated budget cap set by the Fiscal Responsibility Act (FRA).
The anonymous source further stated that GSA has set up a tiger team to coordinate the project alongside senior procurement executives and chief financial officers. The new dashboard feature allows Authorized Negotiators to see upcoming baseline modifications up to 60 days in advance of the transition date. Authored by Jacqueline K.
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