Insurance Price Thresholds 
The Coalition for Government Procurement
APRIL 18, 2024
While the threshold for reporting under CISA’s rule is higher than, for example, under the Department of Defense’s (“DoD’s”) cyber incident reporting rule (which requires reporting of incidents involving activities that “may have” occurred), this is a welcome acknowledgement of the practicalities of cyber incident detection and response.
Procurement Notes
MARCH 5, 2024
Particularly, the Personal Consumption Expenditures Price Index (“PCE”) core inflation rate for January 2024 was 2.8%. [30] 33] Importantly, since the inflation high water marks of 2022, mostly what has occurred is disinflation (decrease of the inflation rate), not actual deflation (price decreases). down from 5.5%
The Coalition for Government Procurement
APRIL 25, 2024
The conference begins with remarks from Christine Harada , Senior Advisor in OMB’s Office of Federal Procurement Policy (OFPP), on the governmentwide Better Contracting Initiative , a four-pronged initiative to ensure that the Federal Government receives optimal terms and prices when purchasing goods and services.
Government Contracts Legal Forum
SEPTEMBER 29, 2023
Contractors should track and document any changes in workload to ensure that any increases in scope and associated cost or price adjustments are appropriately reflected in a contract modification. On fixed-price contracts, any recovery from the government will likely depend on whether the contractor is entitled to an equitable adjustment.
Procurement Notes
JULY 28, 2021
And the CO’s protégé, the Contract Specialist, wrote a price analysis that is a modern art masterpiece (it was based on adequate price competition). Postal Service , the Federal Deposit Insurance Corporation , and nonappropriated fund activities are beyond GAO’s bid protest jurisdiction as established in 31 U.S.C. [§§] 3551-3556.” [27]
Procurement Notes
JUNE 5, 2021
18] On this point, it is important to remember that the dollar thresholds for the SCA (in excess of $2,500), [19] the DBA (in excess of $2,000), [20] and the Order-imposed threshold for the FLSA (presently in excess of $10,000) [21] do not apply at the subcontract level. [22] Additionally, DoL has previously made this warning.
The Procurement School
OCTOBER 22, 2024
Specify Criteria and Reduce Complexity Higher insurance, bonding limits, and generic criteria in bid documents may exclude potentially qualified companies. Escalating bonding and insurance values directly increase bid pricing and that cost flows through to an owner, no matter what.
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