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Williams, and Mickey Liebner; Mayer Brown Bipartisan, bicameral legislation in the US Congress would mandate the use of the National Institute of Standards and Technology’s (“NIST”) Artificial Intelligence RiskManagement Framework (“Framework”) by federal agencies. MAS Basic Training: The Nuts & Bolts, Feb.
It also will provide a more effective framework for managing workload across the MAS program. In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. FAS and the federal government as a whole are in the midst of a management transition towards data-driven decision making.
Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA).
For procurements exceeding specified thresholds, justification must document the effort to find alternative suppliers, listing unique technical requirements and companies contacted. Therefore, procurement teams must implement strategies to manage these risks effectively. How is fair pricing ensured in sole source procurement?
For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Suggested thresholds in the ANPRM range from data sets on 100 U.S. Government-related data, there is no threshold requirement and the data categories will be covered regardless of volume.
The deadline to avoid a government shutdown is September 30, although Friday, September 27 is seen as the target date for lawmakers to finalize negotiations before returning to their home districts to campaign until the election. The plan notes that the effectiveness of cyber riskmanagement varies among agencies. The CMMC 2.0
There is no exception for contracts below the simplified acquisition threshold, for commercial products and services, or for commercially available off-the-shelf (COTS) products. A JV agreement must also identify the responsibilities of the parties with respect to negotiation of the contract, source of labor and contract performance. [4]
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms.
Large corporations often view disputes as a riskmanagement tool, whereas smaller entities may perceive them as a critical threat. Due to the short timelines of emergency arbitration proceedings, an application filed during an inconvenient time of year can compel even the most intransigent parties to come to the negotiation table.
percent pay raise for service members, millions of dollars in military aid to Ukraine (a sliver of the separate $105 billion supplemental that is currently being negotiated to support Ukraine and Israel), and funding for competition with China in the Indo-Pacific. President Biden is expected to sign the bill shortly.
Congress Releases Compromise $895 Billion FY25 NDAA Meritalk reports that the House of Representatives and Senate published their final negotiated version of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2025. billion in spending, falling just below the mandated budget cap set by the Fiscal Responsibility Act (FRA).
The four priorities of the BCI include: Leveraging Data Across Federal Agencies to Get Lower Prices and Better Terms; Negotiating Common Enterprise-Wide Software Licenses; Saving Money and Avoiding Waste by Getting Contract Requirements Right the First Time; and Getting Better Value from Sole Source and Other High-Risk Contracts.
If we can find a way to do riskmanagement versus being so risk intolerant that would be a good start,” he said. Giddens said there is no real customer or value for them, particularly those contracts under the simplified acquisition threshold of $250,000.
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