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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-PurchaseThreshold, Simplified Acquisition Threshold, and others. Here are some of the proposed new thresholds for the FAR. million to $9.5
Despite the innovative solutions they offer, many face significant obstacles when trying to engage with federal agencies, particularly in micro-purchases. The Federal Acquisition Regulation (FAR) 13.201(a) is intended to make micro-purchases (transactions under $10,000) straightforward and free from administrative burdens.
The micro-purchasethreshold, 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. million from $4.5
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.
The Government wants to pay a fair and reasonable price for products and services that they purchase and expects you to pay your suppliers a fair and reasonable price. Well, the purchase becomes sole source – and yes, the requirements have just increased significantly. Oh, if that were only the case.
There is no definition of split purchases in the Federal Acquisition Regulation (FAR) or Defense Federal Acquisition Regulation Supplement (DFARS). However, the Defense Contract Management Agency reviews purchase order files for split purchases during a Contractor Purchasing System Review.
In fact, it was made government-wide when the law was introduced in 1984. Dan Ramish: That’s a huge portion of government contracting overall, depending on which agency, 30 to 50% of procurement dollars flow through indefinite delivery vehicles. So it’s a huge part of government contracting. Tom Temin: OK.
GSA Chief Information Officer David Shive also says nobody at the agency intentionally misled the contracting officer into approving the purchases. also maintains that the purchase violated the Trade Agreements Act of 1979. He also said GSA has no intention to purchase any more Owl Labs cameras. Deputy IG Robert Erickson Jr.
OHA reminded contractors that the nonmanufacturer rule applies only to acquisitions over the simplified acquisition threshold. Generally, the micro-purchasethreshold is $10,000, and the simplified acquisition threshold is $250,000. Looking for the latest government contracting legal news? 13 CFR § 125.6. .”
The Coalition for Common Sense in Government Procurement (the Coalition) continues to collect recommendations for the Government Procurement Efficiency List (GPEL). These products represent higher volume items that are purchased by medical treatment facilities across the VA.
Though the bills are largely similar, the House legislation includes a provision that the Alliance for Digital Innovation “strongly supports” that is not in the Senate version: a proposal to increase the micro-purchasethreshold (MPT) made available to agencies “to rapidly acquire low-cost technical solutions.”
Trying to figure out how to get a government contract? Key Takeaways The federal government provides a plethora of government contractor opportunities, organized by NAICS codes, requiring awareness of various types of contracts and agency-specific needs such as cybersecurity readiness for the Department of Defense.
FAR 19.502-2(a) requires that all acquisitions for supplies or services that have an anticipated dollar value above the micro-purchasethreshold ($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?
The Small Business Jobs Act of 2010 (SBJA), Federal Acquisition Regulation (FAR) 8.405-5, and the setting aside of General Services Administration (GSA) Blanket Purchase Agreement (BPA) Schedule Orders ? Achieving best value success also through the use of competitive pricing is also government policy and practice.
The Small Business Jobs Act of 2010 (SBJA), Federal Acquisition Regulation (FAR) 8.405-5, and the setting aside of General Services Administration (GSA) Blanket Purchase Agreement (BPA) Schedule Orders? Achieving best value success also through the use of competitive pricing is also government policy and practice.
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.
So the federal government spends more than $1 trillion a year in grants and other federal financial assistance. And government contractors will sometimes participate in the federal grant space, either as contractors or as recipients or sub recipients. Let’s talk about maybe the threshold for what gets audited.
Squandering its Lead Last Thursday, the White House published a national security memo on artificial intelligence (AI) that establishes a roadmap for streamlining the acquisition of AIand defines new governance practices for Federal agencies, reports Fedscoop. Congressional Update Lawmaking Lows?
The pandemic and its aftermath created a greater awareness of the fragility of global supply chains, and the federal government’s overreliance on adversaries in the supply chain. Two different supply chain supply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
This week on Amtower Off Center , host Mark Amtower is joined by Brian Stauffer, CEO of Paperless Innovations at Actus , for a wide-ranging discussion on issues regarding the governmentpurchase card- SmartPay.
“This is about meeting our customers where they are with a modernized user experience and streamlined process for governmentpurchase cardholders,” said Tom Howder, the acting Federal Acquisition Service commissioner, in a release. Overstock Government decided not to bid on the next generation platform, sources say.
We have had several clients tell us they have purchase orders under the Truthful Cost or Pricing Data (TINA) threshold for what they believe to be commercial purchases. Government.
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.
The changes apply to all solicitations and contracts, including those at or below the Simplified Acquisition Threshold and for commercial-off-the-shelf products and services. It is in the best interest of the government to apply whistleblower protections through a clause in all federal government contracts.”
Below, we recap her primary takeaways, giving readers a comprehensive guide to winning more government contracts with GovSpend. Personalized Outreach : Warm up your cold calls and break away from the cliche intros by referencing specific purchase orders and transaction details in your outreach.
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?
The FAR rule represents yet another step by the Government to mitigate the security risks that the Government perceives with the use of information technology that may be produced or provided by countries considered to be foreign adversaries. Government to mitigate risks.
The common belief is that only when the award of a subcontract exceeds the cost or pricing data threshold. To comply with this requirement, as many as possible of your purchase orders issued under your U.S. Government contracts and subcontracts should have commercial determination regardless of the dollar value.
This should make more business owners eligible to qualify for the valuable small business set-aside work for the federal government. Contractors have also dealt with less responsive contracting officers due to work from home policies that are still wide-spread in the government.
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. billion escrow (approx. 8.5m) and PKR 9.23 billion (approx.
This should make more business owners eligible to qualify for the valuable small business set-aside work for the federal government. Contractors have also dealt with less responsive contracting officers due to work from home policies that are still wide-spread in the government.
This post can tell you all the basics about debriefings, a crucial part of the complicated world of bidding on government contracts. 9 Senate-Passed 2024 NDAA set to Raise DoD Set-Aside Sole-Source Contract Threshold Limits. 6 FAR Final Rule: Increased Micro-Purchase and Simplified Acquisition Thresholds.
In October, EU countries will be required to adopt eForms in a bid to improve the quality of data published on the block’s government tendering. With data excellence as one of the pillars of their mission, TenderNed has been working on creating better data within the Dutch government for several years.
From the FT : The US and other big trading partners of China are expected to reject Beijing’s latest proposal to join a global pact on governmentpurchases because it does not go far enough in opening the $500bn Chinese procurement market to foreign businesses. Here's the Chinese offer.
Crown corporations purchase a variety of goods and services, from professional services to technology to general goods. Roundtable participants said under a certain threshold (around $100K for services and $25K for goods) their client departments have full discretion on how to source. tip sheet for low-value purchases).
Government supply chain as directed by the Federal Acquisition Security Council (“FASC). In other words, there are no exceptions for purchases below the micro-purchasethreshold or the simplified acquisition threshold. In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R.
Two weeks ago, FAR & Beyond focused on the “Competing Global Supply Chain Approaches” governing federal acquisition. This blog continues to explore the mixed supply chain messages the federal government is communicating to the industrial base. The exception is triggered by a waiver of the Non-Manufacturer Rule (NMR).
The pandemic and its aftermath created a greater awareness of the fragility of global supply chains, and the federal government’s over reliance on adversaries in the supply chain. Two different supply chain supply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
Approach: The new director of the procurement agency led the development of a data-driven corruption risk monitoring system and worked with a reform team to strengthen the institutional capacity of government buyers, improve cross-agency coordination and increase collaboration with civil society. More recently, it canceled a RD$1.3
In 2018, following changes within Ontario’s government, OCTP was abruptly ended. The repeal legislation stipulated that no proceedings could be brought against the government in respect of the cancellation, and that market participants would not receive compensation for any unused allowances remaining in their tracking accounts.
Prohibition Section 5949 contains two prohibitions on the purchase or use of “covered semiconductor products or services,” defined as those designed, produced, or provided by Semiconductor Manufacturing International Corporation (SMIC), ChangXin Memory Technologies (CXMT) or Yangtze Memory Technologies Corp (YMTC), and any of their affiliates.
Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. The contracting authority or government agency sets the rules, picks the best supplier, and ensures everything runs smoothly.
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.”
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