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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Organizational procurement policies often establish thresholds for the application of RFQs, RFPs, REOIs, and IFBs, defining their use within specific procurement methods or strategies. Most organizational procurement policies define thresholds that dictate when a particular method should be used.

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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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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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Multiple Award Schedule (MAS) Pricing Paradoxes

The CGP

Contracting officers must assess, analyze, and apply these factors when reviewing an offeror’s proposal and negotiating fair and reasonable pricing. GSA, to its credit, deleted this language from its solicitation, but the impact of this language on contract negotiation still is rippling through the system.

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The nexus between data management tools, transparency and procurement policy

Federal News Network

Underlying these tools is a price analysis algorithm that assesses or compares several pricing data points to generate a “market threshold” that can then be used to determine whether a proposed price is fair and reasonable based on the market information available to GSA. Moreover, there is precedent for it.

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

Kluwer Arbitration

Serious Irregularity The leading authority on Section 68 challenges is RAV Bahamas Ltd and another v Therapy Beach Club Inc [2021] UKPC 8 , which prescribes that intervention should be limited to ‘extreme’ cases and that the test of serious irregularity imposes a ‘high threshold’.

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Underlying these tools is a price analysis algorithm that assesses or compares several pricing data points to generate a “market threshold” that can then be used to determine whether a proposed price is fair and reasonable based on the market information available to GSA. Moreover, there is precedent for it.