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The Corporate Transparency Act: A Primer for “Small” Businesses

GovCon & Trade

The Corporate Transparency Act (CTA), which aims to curb illicit financial activities like money laundering and other fraudulent activities, will go into effect on January 1, 2024. million organizations that meet the definition of a reporting company, the majority of which will be small businesses.

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IRS should bring back Technology Retirement Office, watchdog says

FedScoop

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.

professionals

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

While it aligns with Liberia’s approach, the Model Law places greater emphasis on transparency, the documentation of justification for using restricted bidding, and minimizing disruptions to competition. The IFB or Bidding Documents are then employed as solicitation tools to engage suppliers and ensure a transparent process.

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Generative AI could raise questions for federal records laws

FedScoop

But the agency’s provisional approval of a few generative AI products — which include ChatGPT, Bing Chat, Claude 2, DALL-E2, and Grammarly, per a privacy impact assessment — call for closer examination in regard to federal transparency. DHS tracks its FOIAs in a public log. OpenAI did not respond to a request for comment.

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Decision Intelligence: Data Ethics

GovLoop

By definition, data ethics refers to the norms of behavior that promote appropriate judgments and accountability when acquiring, managing or using data. Transparency: Data should be acquired with consent from data subjects who should be explicitly informed where their data is being stored, for how long and the purpose of accessing it.

Ethics 98
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Final EU model contractual AI Clauses available -- some thoughts on regulatory tunnelling

How to Crack a Nut

It is thus important to understand the shortcomings inherent to this approach and to the model AI clauses, before assuming that their use will actually ensure the ‘trustworthy, transparent, and accountable development [and deployment] of AI technologies’. Much more is needed than mere reliance on the model AI clauses.

Buyers 88
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Tuesday Tracker 10/29/2024

The Coalition for Government Procurement

The goalis to improve contractor performance, increase competition at the order level, increase transparency, and increase customer satisfaction. DoD, SBA to Pour Over $2.8 billion to 13 technology firms through the Small Business Investment Company Critical Technology initiative for projects deemed vital to national security.