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What does the German Supply Chain Act Mean for Procurement?

ivalua

Export and import of certain hazardous wastes. Compliance with the German Supply Chain Act is enforced by the Federal Office for Economic Affairs and Export Control (BAFA). . Procurement teams will need to be prepared and equipped to conduct supplier due diligence to meet the requirements of the act. Fines of up to €8 million .

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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

According to the SEC, Raytheon violated the FCPA as it “used sham subcontracts with a supplier to pay bribes of nearly $2 million to Qatari military and other officials from 2011 to 2017 to obtain Qatari military defense contracts.” Department of Defense (DOD).

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Changes to Public Contract Regulations 2015

Naomi Clews Consultancy

The latest government figures state that in the four quarters to the end of Q4 2022: the total UK exports to Australia amounted to £10.6 ​ the total UK exports to New Zealand amounted to £1.5 billion and the total UK imports from Australia amounted to £4.4

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ProcureWare Product Tip – Top 10 new features for 2017

Procureware

My favorite new features for 2017 include: • API • Approval workflows • Certifications • Connected bid events • Invite unregistered bidders • My Dashboard • PDF reports • Ranked reverse auction • Supplier view of contracts API Long before ProcureWare was developed, we envisioned an application that would easily connect to other business systems.

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EU: European Council and European Parliament Reach Provisional Agreement on the EU Forced Labour Ban

Import and Trade Remedies

On Tuesday 5 March 2024, the European Council and European Parliament reached a provisional agreement on the EU Forced Labour Regulation (“ Regulation “), which will prohibit the placing and making available on the EU market, or the export from the EU market, of products made, extracted or harvested using forced labour.

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Will U.S. Lawmakers Find Common Ground to Enact De Minimis Reform in 2024?

Import and Trade Remedies

” Consequently, they requested that DHS assess the potential effect on UFLPA enforcement of altering de minimis eligibility for textile and apparel and other high-risk items, including determining whether exceptions to de minimis treatment are warranted for certain high-risk items to prevent unlawful importations.

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New Year, New Rules: The CMMC Proposed Rule is Here

Government Contracts & Investigations

Contractors must verify compliance via an annual self-assessment and annually report the results of the self-assessment in the Supplier Performance Risk System (“SPRS”). In response to comments on this topic, the Proposed Rule makes clear that international suppliers will be subject to the same requirements as U.S.