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1908 to adjust the statutory acquisition thresholds for inflation, such as the Micro-Purchase Threshold, Simplified Acquisition Threshold, and others. The Micro-Purchase Threshold would be increased from $10,000 to $15,000. million for manufacturing acquisitions. Every five years, the government is required by 41 U.S.C.
Federal government agencies would be prohibited from using certain products if they were purchased from an entity other than the original manufacturer or an authorized reseller under a new bipartisan Senate bill. agency purchases of counterfeit electronics appeared first on FedScoop.
HII has completed the acquisition of a South Carolina-based metal fabricator as part of a push to expand its shipbuilding capacity. The company said Monday the acquired facility will support the production of nuclear-powered submarine modules and aircraft carrier structures for U.S. Navy programs.
Following scrutiny from both an agency watchdog and Congress for its purchases of Chinese-made video-conference cameras that were susceptible to security vulnerabilities, the General Services Administration said Thursday that it must deliver a corrective action plan to its inspector general’s office by March 25.
Kitsap Transit Position: Purchasing Specialist Location: Bremerton, Washington Closing Date: Friday, June 30, 2017 at 4:00 pm Salary: $22.29 - $29.98 This position also prepares resolutions with applicable supporting documentation for the Board of Commissioners’ review and approval.
This solution is managed by AWS Partners, including Accenture , Deloitte , Kyndryl , Andes, and TCS for a one-stop-shop customer experience, from purchase to operation, to optimization and maintenance. Organizations want to enhance service resiliency to address this challenge.
The 85 percent: FEBs’ future is open-ended, but not uncertain - Federal News Network) The General Services Administration is facing new scrutiny about its purchase of prohibited telecommunications technology from China. Mace probes GSA about purchases of prohibit technology - Rep. Nancy Mace (R-S.C.) Nancy Mace (R-S.C.))
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. also maintains that the purchase violated the Trade Agreements Act of 1979. Deputy IG Robert Erickson Jr.
This report encouraged governments big and small to improve the “environment content” of their purchasing policies. As environmental issues have become more important to governments and administrations within the last few decades, it has gotten easier to identify ways to leverage purchasing to support these goals.
TransDigm Group (NYSE: TDG) has closed its purchase of the electron device business of Communications & Power Industries, a TJC portfolio company, for approximately $1.38 billion in cash.
Boeing initially planned to reacquire Spirit AeroSystems in an all-cash transaction but made a last-minute move by proposing to fund its purchase of the aircraft parts manufacturer using mostly company stock, The Wall Street Journal reported Monday.
The Romanian government, in an effort to bolster the capabilities of its air force, has agreed to purchase 32 stealth fighter jets for $7.2 billion from manufacturer Lockheed Martin, according to multiple statements.
The Danish government requested to purchase up to 5,832 M1156 Precision Guidance Kits manufactured by Northrop Grumman and related elements of logistics and program support, including ancillary items, compatibility testing, firing tables, technical assistance, technical data and […]
Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.
OHA turned to the language of the nonmanufacturer rule itself, which states it does not apply to simplified acquisition procedures, and does not apply to small business set-aside contracts “with an estimated value between the micro-purchase threshold and the simplified acquisition threshold.” SIZ-6276 (Apr. 13 CFR § 125.6. .”
During a call announcing 12 new initiatives that would receive funding through the Tech Hubs effort, officials in response to a FedScoop question highlighted the importance of being able to manufacture technologies that would help fuel innovation and the country’s overall economic competitiveness. research and development on semiconductors.
Lockheed Martin (NYSE: LMT) has disclosed a nonbinding proposal to acquire spacecraft manufacturer Terran Orbital (NYSE: LLAP) for more than $500 million, SpaceNews reported Friday.
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Manufacturers need to understand every supplier, processor, trader, smelter, etc.,
By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals. With streamlined processes, purchasing products and services becomes faster, cheaper, and more efficient.
Because state and local governments regularly receive federal loans and grants, they are generally prohibited from using any of those funds to purchase covered telecommunications equipment or services.
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. million for most non-manufacturing contracts.
chemical manufacturer Albemarle paid over $200 million to settle FCPA allegations with the DOJ and Securities and Exchange Commission (SEC). BIS also announced an Anti-Boycott action in September involving Pratt & Whitney, which agreed to a boycott request in a Purchase Order (PO) but failed to report it. First, U.S.
The State Department has approved the Japanese government's request to purchase advanced medium-range air-to-air missiles manufactured by RTX from the U.S. government under a potential $224 million foreign military sale agreement.
It included a specific criterion worth 15% of the marks available for "Manufacturing/assembly bonus in Portugal using sheltered workshops." What matters, of course, is the manufacturing or assemby in Portugal. First, to protect those that could have presented themselves but did not due to the national manufacturing criterion.
The Buy American Act “[r]estricts the purchase of supplies, that are not domestic end products, for use within the United States” unless an exception applies. However, this law does not actually prohibit the acquisition of non-U.S. That 65% will become 75% in 2029.
Contracting Vehicles: Understanding GSA Schedules, IDIQs, and Beyond Bipartisan bill strives for ‘more nimble and meaningful’ federal contracting Federal ‘neurodiversity’ initiatives slowly getting off the ground GSA hosts roundtable with business leaders on advancing equity in federal contracting Can a data environment actually improve federal procurement? (..)
Fairbanks Morse Defense, a portfolio company of private equity firm Arcline Investment Management, has purchased AMMCON as part of efforts to expand the delivery of critical components and turnkey services to the U.S. Navy, Coast Guard, Military Sealift Command and other marine defense customers.
For product manufacturers, the concept of ‘supply partners’ has changed dramatically in the last 50 years…and they will change more than ever in the next ten. Business models have evolved to a point where suppliers are so important to success that they are now considered an extension of the manufacturer’s enterprise.
Unlike other manufacturers, each part of a Rivian connects to a central processor through just two wires, reducing the number of components that can break or fail, and reducing the cost to maintain. Rivians are better today than the day they are purchased, shouldnt our cyber security solutions adopt the same mindset?
Despite the rapid growth of software marketplace usage in recent years, some state and local government (SLG) purchasers are holding back. Myth #2: The prices in the marketplace are much higher than the ones I got quoted by my software vendor AWS Marketplace is a public website, so many software manufacturers choose to post MSRP-like prices.
The Strategic Sourcing modules of Ivalua allow Punch Powertrain buyers to define Purchasing needs collaboratively, consolidate the tendering documents and ease costing by suppliers (cost breakdown files, dialogue with the projects on technical feasibility). The Ivalua solution empowers us to deliver value to CPOs throughout Belgium”.
Space & Defense has completed its acquisition of Eutelsat OneWeb’s 50 percent stake in a satellite manufacturing joint venture. Airbus U.S. Founded in 2016, Airbus OneWeb Satellites JV produced more than 600 satellites for the first-generation OneWeb satellite constellation, Airbus U.S. Space & Defense said Monday.
Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms. Doug has a B.S.
Pournazeri says these funds can be instrumental in covering the costs associated with the purchase of EVs, the build-out of charging infrastructure, and workforce development programs. Manufacturer-specific training. Many governments offer financial support for initiatives that reduce emissions and promote energy efficiency.”
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.
The House Homeland Security Committee advanced a raft of new legislation today, including a bill aimed at cutting major Chinese battery manufacturers out of the Department of Homeland Security’s supply chain. Under the bill, DHS would be able to waive the prohibition if it determines the battery purchases don’t pose a national security risk.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. A top-10 Forbes 500 company, the Volkswagen Group is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. Redwood City, CA, December 15, 2022.
The BAA is a price evaluation preference tool that does not prohibit the purchase of foreign products. On the other hand, the TAA ensures that products will be purchased from domestic sources or from allies with which we have a trade agreement. Certainly, there are supplies that we want sourced in the United States.
Newly formed aerospace manufacturing holding company Velocity One has agreed to merge with EMCORE, a provider of inertial navigation solutions to the aerospace and defense industry. EMCORE said Friday the cash transaction with a purchase price of $3.10
ARKA Group has closed its purchase of Maxar Technologies’ radar and sensor technology, or RST, group in a transaction that expands its synthetic aperture radar moving target indication and geospatial intelligence capabilities designed to address emerging threats facing the U.S. government and its allies.
ITT (NYSE: ITT) has completed its acquisition of kSARIA, a Behrman Capital portfolio company that manufactures and supplies connectivity offerings for the aerospace and defense end markets. The Stamford, Connecticut-based company said Thursday its purchase of kSARIA will be funded with a ~$460 million term loan and cash on hand.
The email argued that the maintenance shed which is part of the contract object would be used for the manufacturing of the trains and as such constitute illegal state aid. Tender documentation The object of the contract is to purchase 117 sets and a maintenance shed for them. So far, so good.
The collected visual data then flows into the AWS Cloud , where artificial intelligence (AI)-powered analytics scan for any signs of impending failure due to corrosion, cracks, vegetative clearances, evidence of animals, storm damage, or manufacturing defects.
Army forklifts that were purchased from China, despite the "made in U.S.A." manufacturing requirements the Army placed on the supply deal, the U.S. A New Jersey businessman confessed to selling the U.S. Department of Justice announced Thursday.
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