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Friday Flash 09/20/2024

The Coalition for Government Procurement

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. Another option is a clean CR through December 2024. The CMMC 2.0

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Friday Flash 09/27/2024

The Coalition for Government Procurement

The FIT Act would authorize agencies to make advanced payments for cloud computing services, increase the simplified acquisition threshold from $250,000 to $500,000 and the micro-purchase threshold from $10,000 to $25,000, and require Federal procurement officers to take cross-functional training. The CMMC 2.0

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Top Rules for Government Contractors: Essential Knowledge for Compliance

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Beyond the FAR, other significant laws such as the Armed Services Procurement Act and the Small Business Act provide additional guidance on contract negotiation, pricing, and subcontracting. Certain modifications may necessitate preliminary price negotiations to protect the governments interests.