Remove Export Remove Price Remove Thresholds
article thumbnail

Fall 2023 Canadian Trade & Customs Outlook: Customs Compliance and Compliance with Prohibitions on Forced and Child Labour

Import and Trade Remedies

From May to August 2023, the Government passed into law novel supply chain transparency legislation and introduced amendments and legislative proposals that are impacting, or will impact, compliance with Canadian customs, export controls, and economic sanctions legislation.

article thumbnail

The FY 2024 National Defense Authorization Act: Key Provisions Government Contractors Should Know

Government Contracts Legal Forum

3705, which requires offerors to submit data other than certified cost or pricing data so that contracting officers may determine the price reasonableness of a contract, subcontract, or modification. Cost Accounting Section 802 amends 10 U.S.C. The provision amends the reporting requirement under 10 U.S.C.

professionals

Sign Up for our Newsletter

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

article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%

article thumbnail

Buy America Update: BAA Requirements Make Compliance Complex, Yet Necessary

GovCon & Trade

In the face of strong opposition from some powerful lobbying groups like the United Steelworkers Union, DOT maintained fairly robust thresholds in line with the proposed waiver. The waiver will also apply when “[t]he total amount of Federal financial assistance applied to the project, through awards or subawards, is below $500,000.”

article thumbnail

Friday Flash 01/05/2024

The Coalition for Government Procurement

Potential Changes to FSS EPA Clauses As you know, one of the Coalition’s priorities in 2022 and 2023 was to increase flexibility in the application of Economic Price Adjustments (EPAs) in the Federal Supply Schedule (FSS) program during a time of historic inflation. To register, click here.

Price 52
article thumbnail

Government Contracts Inflation Update

Procurement Notes

Department of Labor (“DoL”), Bureau of Labor Statistics (“BLS”) Consumer Price Index for All Urban Consumers (“CPI-U”). 3] Because economists often consider food and energy prices to be too volatile, they may pull those items out to see what is called “core inflation.” [4] Here, I provide some of the latest information and updates.

article thumbnail

UK: Update on the future Carbon Border Adjustment Mechanism following the UK Government response to the consultation

Import and Trade Remedies

The CBAM proposal forms part of the UK Government’s wider strategy to tackle carbon leakage, which is caused by the movement of production activities and associated emissions from one country to another as a result of different levels of carbon pricing and climate regulation. placed under customs warehousing or inward processing relief).