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New OCI Rule Contains Big Changes

SmallGovCon

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. Definitions. The entire law, however, was less than two pages.

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Decoding the SBA Definition of Small Business

Select GCR

The SBA definition of a small business concern is simple: its an independent entity with fewer than 500 employees and limited revenue. This definition determines eligibility for SBA loans, government contracts , and other crucial benefits. What is the SBA’s definition of a small business?

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DoD Implementing the Congressional Direction to Align DFARS with GAAS

Redstone Government Consulting

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 (..)

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Bid Protest Minute: The High Bar to Proving Contract Officer Bias

GovCon & Trade

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.

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Why is Benchmarking key for Optimum Business Value?

Oxford College of Procurement and Supply

In order to evaluate whether suppliers offers are giving a business the optimum value, benchmarking is required. Procurement is all about achieving value for money.

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The Bid Evaluation Process

The Procurement ClassRoom

As the field of Procurement is still evolving and scholars don’t seem to subscribe to universal definition of concepts such as what constitute the procurement cycle, this article does not make reference to any textbook or academic publication. Bid evaluation is the responsibility of a body known as the Bid Evaluation Panel.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Technical Evaluation Another popular strategy is to incorporate “green procurement” considerations into the technical evaluation for award in a procurement – for example, to give a “greener” product (one that caused less greenhouse gas emissions) more “points” in the evaluation.