Remove Efficiency Remove Seminar Remove Thresholds
article thumbnail

Friday Flash 09/06/2024

The Coalition for Government Procurement

Attendees will gain valuable insights into how to manage compliance risks and develop strategies that align with Federal guidelines while maintaining operational efficiency. The only exceptions are for contracts solely for the purchase of Commercial Off-the-Shelf items or contracts under the $10,000 micro-purchase threshold.

article thumbnail

Friday Flash 09/27/2024

The Coalition for Government Procurement

The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training. The CMMC 2.0

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top Rules for Government Contractors: Essential Knowledge for Compliance

Select GCR

Key Takeaways Federal contractors must adhere to the Federal Acquisition Regulation (FAR), which ensures fair, transparent, and efficient procurement processes. Its primary aim is to ensure that the procurement processes conducted by federal agencies are fair, transparent, and efficient, thereby maintaining public confidence.

article thumbnail

Friday Flash 09/20/2024

The Coalition for Government Procurement

Further, confirming the broad applicability of CMMC, DOD confirmed that these requirements will be applicable to contracts below the Simplified Acquisition Threshold (which currently sits at $250,000). The CMMC 2.0 According to the proposed rule, DoD plans to implement a phased rollout of CMMC.

Price 52