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Tuesday Tracker 10/29/2024

The Coalition for Government Procurement

Howeversignificant activity is expected after the election, including negotiations on annual spending bills and the National Defense Authorization Act (NDAA). The FIT Procurement Act would increase the simplified acquisition threshold from $200,000 to $500,000 and raise the micro-purchase threshold from $10,000 to $25,000.

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What new White House guidance on grants means for agencies that hand them out

Federal News Network

Tom Temin Sure, and there are also some updated thresholds for what gets audited, what gets investigated by the government, and also for some of the provisions for equipment and ancillary costs associated with a grant. Let’s talk about maybe the threshold for what gets audited. What are some of the top ones there? Dan Ramish Yes.

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Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’

Kluwer Arbitration

The underlying dispute concerned unpaid invoices under a Gas Supply Agreement (‘ GSA ’) entered into by the Parties in 2016 for the purchase of Regasified Liquefied Natural Gas (‘ RLNG ’) from Sui Northern Gas Pipelines (‘ SNGPL ’). These are important considerations for contracting parties negotiating the seat of arbitration in any contract.

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Mastering How to Get Government Contracts

Select GCR

Multiple-award contracts mandate a fair opportunity to all awardees for orders over the micro-purchase threshold, though there are exceptions like urgency or specialized service needs. There are many ways to begin research with a SAM registration and knowing your targeted NAICS code.

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Understanding the new Procurement Act 2023: What suppliers need to know - Part 1

VWV

However, if you are a supplier under an existing framework agreement or dynamic purchasing system, these will continue under the old rules for their remaining term, with a long-stop date of 23 February 2029 for dynamic purchasing systems. For below threshold contracts , Contracts Finder will still be active.

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what is the difference between public and private sector procurement?

The Procurement School

Specific procurement requirements, including the dollar value thresholds beyond which a competitive process must be conducted, are typically embedded in internal policies and come from the various free trade agreements designed to eliminate discrimination based on jurisdiction of origin.

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Procurement tools for AI regulation by contract. Not the sharpest in the shed

How to Crack a Nut

While the theoretical expectation could be that the public buyer would opt for a competitive dialogue or innovation partnership, as procedures targeted at this type of procurement, evidence of EU level practice shows that public buyers have a strong preference for competitive procedures with negotiations.