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The pandemic and its aftermath created a greater awareness of the fragility of global supplychains, and the federal government’s overreliance on adversaries in the supplychain. Two different supplychainsupply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
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.
The pandemic and its aftermath created a greater awareness of the fragility of global supplychains, and the federal government’s over reliance on adversaries in the supplychain. Two different supplychainsupply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
On October 5, 2023, the Federal Acquisition Regulatory Council (FAR Council) issued an interim Federal Acquisition Regulation rule (FAR rule) that implements the Federal Acquisition SupplyChain Security Act (FASCSA). Further detail on these procedures is described in our client alert of the interim rule available here. [1]
Adding to this challenge is the current international scenario, including the war in Ukraine, global supplychain disruptions and rising interest rates to combat inflation, which can affect investor appetite for investing in the region and financing its debt. For LAC countries, this threshold is at approximately 53 percent of GDP.
GSA Requesting Feedback on Draft SupplyChain Risk Management Questionnaire The General Services Administration’s (GSA) Office of Information Technology Category has developed a supplier assurance questionnaire to gather information regarding cybersecurity supplychain risk management (C-SCRM).
Similar issues arise with the possibility to creatively structure remuneration under some of these contracts to keep them below regulatory thresholds (eg by ‘remunerating in data’). Tenderer selection The public buyer could take a dual approach. This could become a significant sticking point.
Under the bills, “artificial intelligence” is defined as: … a machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations or decisions influencing real or virtual environments.
Under the bills, “artificial intelligence” is defined as: … a machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations or decisions influencing real or virtual environments.
This provision of the NDAA seems targeted at bridging the communication gap between the agencies by requiring that the parties to a proposed transaction over the HSR threshold provide a copy of their HSR filing directly to DoD. Section 862 amends the Small Business Act, specifically 15 U.S.C.
Influence on Market Strategies: Sharing demand data with industry partners has empowered them to tailor their strategies more effectively to Federal market demands, focusing efforts on high-demand items. Suggested thresholds in the ANPRM range from data sets on 100 U.S. persons for highly sensitive data to more than 1,000,000 U.S.
A sole source purchase is justified when unique attributes or circumstances dictate that only one provider is capable of supplying the desired goods or services. For procurements exceeding specified thresholds, justification must document the effort to find alternative suppliers, listing unique technical requirements and companies contacted.
Seeking Member Feedback on GSA C-SCRM Questionnaire GSA’s Federal Acquisition Service is developing a voluntary Cyber SupplyChain Risk Management (C-SCRM) Assurance Questionnaire for information and communications technology vendors. Per the memo, in FY22, Federal agencies awarded SDBs a record-breaking $69.9
50] Basically, the FOMC announces a federal funds rate range, and then the Federal Reserve System conducts open market operations (“OMOs”) to try to influence rates to within the established range. 51] To quote Milton Friedman, inflation is “too much money chasing the available supply of goods and services.” [52]
During the interview, Jackson shares her management priorities for NASA procurement and reflects on how her 30-year career has influenced her approach to acquisition policy development. ” This proposed rule implements a statutory requirement to adjust acquisition related thresholds every five years to account for inflation.
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