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On March 19, the U.S. Commodity Futures Trading Commission (CFTC) posted a Notice of Covered Action (NCA) for an over $50 million enforcement action taken against Blue Moon Investments Inc., a binary options firm registered in Seychelles, and 3 owners believed to be residents of Israel for offering illegal, off-exchange binary options and related fraud.
Two commercial space companies have agreed to work together on enhancing national security capabilities in the commercial space domain. Voyager Space and Palantir are using their abilities to help support and protect new technologies to be used on the International Space Station, and the soon to come Starlab commercial space station. I wanted to find out more about what this agreement means and get an overview of those involved, so I spoke to Matt Kuta, Co-Founder, President and Chief Operating
The U.S. Department of Defense said that lax financial controls in the U.S. Navy's budgeting system led it to overspend nearly $400 million in funds intended to help Ukraine following Russia's 2022 invasion, which has also increased the risk of triggering a possible Antideficiency Act violation in the future.
The post Practical Matters Podcast: Grant Awards to Commercial Entities appeared first on Public Contracting Institute - Government Contracts Training.
Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader
Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,
In this week’s Off The Bench, MLB superstar Shohei Ohtani tries to untangle himself from a gambling scandal, Virginia’s rejection sends two D.C. pro franchises back home, and the Pac-12 pays up to two schools that were left behind. If you were sidelined this week, Law360 will catch you up with the sports and betting stories that had our readers talking.
On 19 January 2024, the High Court of Justice of England and Wales gave judgment in Border Timbers Ltd v Republic of Zimbabwe [2024] EWHC 58 (Comm). The decision of Dias J considered, in detail, the application of the UK State Immunity Act 1978 (“SIA”) to the registration, enforcement, and execution of ICSID arbitral awards before and by the English courts.
Even as the economy shifts and layoffs continue, law firms still want to retain their top attorneys, and so-called stay interviews — informal conversations with employees to identify potential issues before they lead to turnover — can be a crucial tool for improving retention and morale, say Tina Cohen Nicol and Kate Reder Sheikh at Major Lindsey.
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Even as the economy shifts and layoffs continue, law firms still want to retain their top attorneys, and so-called stay interviews — informal conversations with employees to identify potential issues before they lead to turnover — can be a crucial tool for improving retention and morale, say Tina Cohen Nicol and Kate Reder Sheikh at Major Lindsey.
Katie Helwig This week on Amtower Off Center , GovCon expert Katie Helwig of MildRed joins host Mark Amtower to discuss the value of GovCon associations. Topics include: Creating visibility in GovCon The GovCon association landscape Criteria for selecting the association which will be best for you Getting involved with your association The post The value of GovCon associations first appeared on Federal News Network.
Shareholders who claimed executives of private prison contractor GEO Group Inc. lied about financing deals with major banks told a Florida federal judge that the company has agreed to a host of corporate reforms to end the derivative suit, which will include the appointment of a chief compliance officer.
Hello and thank you for joining us for Episode 6 of Fun with the FAR Season 11! In our next session, we will cover FAR Parts 12 (Acquisition of Commercial Products and Commercial Services) and 13 (Simplified Acquisition Procedures). As we prepare for our 7th episode of Season 11, here are a few FAR Facts for us to think about: Contracting officers should use standard form 1449 in acquisitions for commercial products or commercial services.
The U.S. Department of Energy's deviation from typical federal acquisition rules to award a $45 billion contract to a company previously deemed ineligible is raising eyebrows among government contracting attorneys, but may nonetheless find support in court.
During the 13th Ministerial Conference, held in Abu Dhabi, the World Trade Organization (“ WTO “) has extended a moratorium on digital trade tariffs for a further two years, at which point the moratorium will expire. The Moratorium: A Brief Overview The moratorium on e-commerce tariffs, officially called the moratorium on customs duties on digital transmissions, has been in place since 1998.
Though a recent announcement that the California Attorney General's Office will resume criminal prosecutions in support of its antitrust enforcement may be mere saber-rattling, companies and their counsel should nevertheless be prepared for interactions with the California AG's Antitrust Section that are not limited to civil liability issues, say Dylan Ballard and Lillian Sun at V&E.
In the dynamic realm of global public sector contracts, the essence of cultural awareness transcends mere compliance; it’s a pivotal catalyst for fostering effective communication, enhancing negotiation prowess, and ensuring equitable service delivery across diverse populations. This comprehensive exploration underscores the multifaceted impact of cultural competence within international public sector engagements, drawing from the latest insights and expert analyses to unveil strategies fo
L3Harris Technologies Inc. hauled fellow defense contractor Moog Inc. into Florida federal court, alleging Moog failed to timely deliver critical satellite parts under several subcontracts worth $77.9 million, despite the U.S. government requiring expedited delivery for national defense purposes.
This week, the FAR & Beyond blog features guest bloggers on a topic of interest to our members. The comments herein do not necessarily reflect the views of The Coalition for Government Procurement. Authors: Moshe Schwartz , President of Etherton & Associates and the Former Executive Director of the 809 Panel on Acquisition Reform Brad Nathan , Assistant Professor at Rutgers University, and a former Electrical Project Engineer at Intel Corporation The Federal Government’s small business s
RTX Corp. can't be part of an anti-missile technology program following its hiring of a former naval analyst who may have violated a non-disclosure agreement while still employed with the Navy, a U.S. Court of Federal Claims decision unsealed Friday shows.
On 1 March 2024, the European Commission introduced the Proof of Union Status (“ PoUS “) system. What is the PoUS system? The PoUS system establishes electronic proofs in the form of T2L and T2LF data to prove European Union status. This is intended to replace the paper procedure of T2L/T2LF and shipping companies’ manifests that have been used.
Now that FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for an $11 billion fraud on the collapsed crypto exchange, it's time for the three top lieutenants who testified against him at trial to face their own judgments — and experts say the cooperators are well positioned to avoid jail time.
On 13 March 2024, the European Council and European Parliament agreed the final text of the proposed EU Forced Labour Regulation (“ Regulation “). This follows negotiations between the EU Council and Parliament which took place on 22 January 2024 and the European Council and European Parliament reaching a provisional agreement on the Regulation on 5 March 2024.
The government asked a Texas federal judge to wave away protests by Exxon Mobil Corp. to keep its documents sealed in a case over $1.8 billion in contested tax benefits for a joint venture with Qatar, saying Thursday that the energy giant threatens unnecessary disputes at trial.
We hope you had a great week and are enjoying some nice spring weather. Here are some happenings from the federal government contracting world this week, including more updates on the funding package, upcoming information on complying with labor regulations, and new policies on AI. Enjoy your weekend! DoD’s approach to fix its computers is function over form Biden signs $1.2 trillion funding package after Senate’s early-morning passage ended government shutdown threat Contractors wonder which of
The First Circuit rejected the appeal of a Massachusetts man who was convicted of submitting fraudulent applications for federal grant money under the guise of needing it for energy projects, ruling that the verdict was backed by strong evidence.
Additions and edits to the Office of Management and Budget’s final memo on AI governance create additional public disclosure requirements, provide more compliance time to federal agencies, and establish a new role for talent. The policy, released Thursday , corresponds with President Joe Biden’s October executive order on AI and establishes a framework for federal agency use and management of the technology.
Dominion Voting Systems Inc. wants a Pennsylvania county to pay its legal bills over allegedly rehashed claims that its voting machines had security issues in violation of the county's contract, since a federal court had already tossed those claims.
SEP SUMBOX: This March, the Pentagon ordered a final batch of the "Top Gun: Maverick"-featured Super Hornet fighter plane from The Boeing Co., tapped IBM to create a trusted semiconductor enclave and devoted $1 billion to cracking down on nuclear smuggling abroad. These are some of the most note-worthy government contracts over the last month.
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