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As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

The micro-purchase threshold, the simplified acquisition threshold, the 8(a) sole source contract ceiling and several other similar acquisition limits are likely to increase in 2025. Here are few of the biggest changes on tap: Micro-purchase threshold would increase to $15,000 from $10,000. In a proposed rule from Nov. million from $4.5

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The GAFTA Default Clause and the Scope of Arbitration Appeals

Kluwer Arbitration

C&FFO is a shipping term which stands for Cost and Freight Free Out meaning that generally the sellers pay for the shipping charges and the costs of unloading the goods at their destination. In summary, under the Gafta default clause: The starting point is the price achieved in a substitute sale or purchase contract (paragraph (a)).

Buyers 52
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Government Contracts Inflation Update

Procurement Notes

There are four major categories of purchases covered in the CPI-U: food, energy, commodities like cars and clothes, and services like rent and healthcare.” [1] 36] Specifically, unlike the CPI, the PCE does not merely account for goods and services purchased by a consumer, but also purchased on the consumer’s behalf (e.g.,