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Every five years, the government is required by 41 U.S.C. 1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. Here are some of the proposed new thresholds for the FAR. million to $9.5 FAR 19.502-2.
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. The Government Accountability Office’s annual report to Congress on the state of bid protests always is fascinating.
Want to start selling to governments but dont know where to begin? This guide breaks down the crucial steps: identifying contracting opportunities, understanding procurement processes, and building relationships with government buyers. Dive in to learn strategies that can help you secure lucrative government contracts.
Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.
On December 21, the Government Accountability Office (GAO) dismissed a protest by ELS, an unsuccessful bidder on a Department of Defense (DOD) task order opportunity, concluding that it did not have jurisdiction to consider it. GAO reasoned that because “the value of the task order [was] below $25,000,000. 4106(f)(1) and 10 U.S.C. 3406f(2).
It enables government agencies, educational institutions, and healthcare providers to modernize their IT infrastructure while adhering to strict data sovereignty, security, and compliance requirements. When a consumers resource usage within the Outpost breaches the soft threshold, the owner account sends an email to the Outposts owner.
For the former, the information below can serve as a refresher on the basics of economic disadvantage–but also, a source for SBA’s most recent economic disadvantage thresholds (as of 2024, as these are updated periodically for inflation ). What are SBA’s current economic disadvantage thresholds ?
But yet, something you felt is important to highlight here. So the federal government spends more than $1 trillion a year in grants and other federal financial assistance. So it’s a really important tool, and it’s important to taxpayers. Let’s talk about maybe the threshold for what gets audited.
The direct impact is related to how governments use the proceeds from debt sales. In the short run, debt can finance higher government spending, which increases aggregate demand and the gross domestic product of a country. This effect can be particularly important in countries with scarce physical and human capital.
Here are some initial thoughts on some of the important changes proposed in this rule, as well as a recap of the original statute and my earlier predictions. Stay tuned for more updates on SmallGovCon. The proposed rule was published on January 15, 2025 with comments due on March 17, 2025.
124.506 , if an 8(a) contract price would exceed a certain threshold ($7 million for manufacturing contracts, $4.5 But we think this protest raises some important questions. Under 13 C.F.R. million for others), in most cases, the agency must compete the set-aside. But this rule does not apply in all circumstances.
Those documents also show the involvement of MITRE, a nonprofit organization that develops technologies and operates R&D centers for the government, and references mistakes that the system can make. At one point, at least one person from “OGA,” which possibly references “other government agency,” was also involved.
The Coalition for Common Sense in Government Procurement (the Coalition) continues to collect recommendations for the Government Procurement Efficiency List (GPEL). As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA.
FAR 19.502-2(a) requires that all acquisitions for supplies or services that have an anticipated dollar value above the micro-purchase threshold ($10,000 at the time of this post) but not over the simplified acquisition threshold or SAT ($250,000 at the time of this post) be set aside for small businesses. Need legal assistance?
How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process.
The requirement to pay “prevailing wages” to covered workers is a perennial aspect of many types of government contracting, including construction contracts subject to the Davis-Bacon Act (“DBA”) and certain related laws (collectively referred to as the Davis-Bacon and Related Acts or “DBRA”).
Company will work with Agency in good faith to ensure that Company’s record management and data storage processes meet or exceed the thresholds required for Agency’s compliance with applicable records management laws and regulations.” “For clarity, any Federal Records-related obligations are Agency’s, not Company’s.
We get a lot of questions about federal government contracting as federal government contracting attorneys, which makes sense. This is also unsurprising, as the government really did not do the best job in making it clear what this act does. Looking for the latest government contracting legal news? call 785-200-8919.
Back in 2020 (and 2021) I went out on a limb stating that when it come down to the pandemic preparation in early 2020, ie before March 23rd the UK government did not take the risk of Covid seriously enough and did not act when it should. What we are seeing from the evidence, however, is a broad picture emerging about the government.
On top of this, it also would allow DoD contracting officers to sole source contracts to VOSBs if the contracts are below certain dollar thresholds. It is very important to clarify here that the above all only would apply to DoD contracts. Looking for the latest government contracting legal news? Need legal assistance?
Understanding key clauses and provisions in the Federal Acquisition Regulation (FAR) is crucial for success in government contracting. Changes Clause (FAR 52.243-1) The Changes Clause is a fundamental provision that allows the government to make unilateral changes to the contract within its general scope.
In the following paragraphs, we will explore the key elements of this transformative agenda and the opportunities for action available to governments in the region. As a result, addressing passive waste through capacity-building measures can generate large savings for governments. What is Smart Public Procurement?
Two different supply chain supply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA). The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product.
Develop a governance strategy A governance strategy enables an organization to manage multiple cloud projects simultaneously in a flexible, coordinated, and interdependent way. The following tips can help your agency develop a governance strategy. What is the solution and most important customer benefit?
Also, in moves that were likely aimed to increase participation, or at least interest among potential mentors, the DoD is proposing a reduction of the dollar threshold associated with mentor eligibility, and increasing the length of a mentor protégé agreement. It is important to note that these are proposed changes, not final.
While that new structure comes into place, Derrios also is giving State’s acquisition workforce new tools and creating new governance bodies to help reduce time to contract award. The threshold [for review] is $250 million and over. We can approach industry in a means where we can leverage our buying power.” So it’s pretty high.
While we have already posted some updates from 2024, it’s a good time to reflect on the important posts from 2023. It’s a good chance to look back on the important articles from 2023, and those topics of continuing interest to federal contractors. 6 FAR Final Rule: Increased Micro-Purchase and Simplified Acquisition Thresholds.
This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. In addition, there are updated questions relating to construction contracts and central government procurement.
Just last month, at the Coalition’s Spring Training Conference, a panel of government and industry practitioners engaged in a fascinating discussion on how AI supports agency procurement operations. At the same time, current experience raises important policy considerations and questions for stakeholders across the procurement community.
Government supply chain as directed by the Federal Acquisition Security Council (“FASC). The Interim Rule implements requirements from Section 202 of the Federal Acquisition Supply Chain Security Act of 2018 (“FASCSA”), which will require contractors to ensure certain products and services are excluded from the U.S.
Government treasury bills (“T-bills”) becomes higher than the interest rate on 10-year U.S. Government treasury notes. [6] 23] And, as the Government has previously pointed out, “because the committee depends on government statistics that are reported at various lags, it cannot officially designate a recession until after it starts.”
Background The case relates to an award issued by a Geneva-seated ICC tribunal constituted pursuant to a Swiss law-governed contract executed between General Dynamics United Kingdom (“GD UK”) and the State of Libya (“Libya”) for the supply of communication and information systems to be installed in Libyan army vehicles (the “Contract”).
The COVID-19 pandemic underscored the critical role of flexibility in fiscal governance. While triggers and conditions regarding the escape clauses are generally straightforward, there is room for improvement in framing activation around events beyond government control.
This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. In addition, there are updated questions relating to construction contracts and central government procurement.
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. 13] If an initial review of the facts results in the Government challenging a specific cost, the contractor has the burden to prove that the cost is reasonable. [14]
But Percipient did file in the Court of Federal Claims on the basis that the government is obligated to use commercially available products. So what’s interesting and unusual in this case is that Percipient wasn’t in a position to meet the government’s entire requirement. The protester, Percipient, had not bid.
Trade agreements and country of origin requirements play a big role in international trade and government contracting. These rules are important because they affect things like taxes and which products can be used in government projects. Understanding these rules is key for businesses that want to work with the government.
For details on this important case, the Federal Drive Host Tom Temin talked with attorney Stephen Bacon of Rogers-Joseph-O’Donnell. Interview Transcript: Tom Temin So this was protested, not to the [Government Accountability Office (GAO)], but to the court in the first place, the Court of Federal Claims.
Just last month, at the Coalition’s Spring Training Conference, a panel of government and industry practitioners engaged in a fascinating discussion on how AI supports agency procurement operations. At the same time, current experience raises important policy considerations and questions for stakeholders across the procurement community.
Since the beginning of Fiscal Year 2024, the Government Accountability Office has published 35 decisions, but only two of which resulted in decisions sustaining the challenge. To meet this threshold, a protester must demonstrate that, but for the agency’s actions, it would have had a substantial chance of receiving the award.
Two different supply chain supply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA). The BAA, however, is a price evaluation preference, which means if the price of a Chinese product is low enough, the federal government will buy that product.
federal government shutdown creates a number of direct and indirect consequences that impact U.S. federal government shutdown can have serious consequences because of the size of federal spending and its impact on the U.S. government spent $6.27 government spent $6.27 What Is a Government Shutdown?
That is important because some judges tend to side with the government and others tend to side with industry so we may be able to discern where this latest set of protests are going.” The number of points needed to meet the threshold to win a spot on the contract went down.
On the Add Languages page, select the best options for your use case for Select language , Voice interaction , and Intent classification confidence score threshold , as shown in the following screenshot. Screenshot of the Import language screen. Choose Done. Screenshot of the Add languages pane and its fields.
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