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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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The SBA doubles down on the Rule of Two

Federal News Network

So the Rule of Two requires federal agencies to set aside procurements for small businesses where there’s a reasonable expectation that at least two small businesses will be able to submit offers at fair market prices and otherwise competitive in terms of quality and delivery. Tom Temin: And that goes back to the 1980s, right?

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How to Prevent Debt from Hurting Economic Growth

Inter-American Development Bank

This means that there is a tipping point, or threshold, at which higher debt levels become detrimental to growth. The debt threshold is not the same for all countries because it can be influenced by different factors such as the economic structure, for example. For LAC countries, this threshold is at approximately 53 percent of GDP.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. Better contracts and processes, for example, could reduce the risk of delays, quality problems or unexpected costs.

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Why File: A Rule of Two Protest

SmallGovCon

FAR 19.502-2(a) requires that all acquisitions for supplies or services that have an anticipated dollar value above the micro-purchase threshold ($10,000 at the time of this post) but not over the simplified acquisition threshold or SAT ($250,000 at the time of this post) be set aside for small businesses.

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Commercial Opportunity for the VA Medical Supply Chain 

The Coalition for Government Procurement

As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA. This represents about 15 percent of the VHAs $5 billion annual spend on medical supplies and equipment. Significant challenges across the medical supply chain remain.

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Congress presses VA on modernization overhaul, supply chain system upgrade

FedScoop

The implementation of EHR was later suspended in 2023 as part of a reset, and the department noted that it was working toward holding Oracle Cerner accountable for delivering high-quality services. The post Congress presses VA on modernization overhaul, supply chain system upgrade appeared first on FedScoop.