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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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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Onshoring suppliers is another recent reactionary trend.

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FAR Council Issues Interim Rule Outlining Procedures Relating to Excluded Covered Articles and Sources

Inside Government Contracts

On October 5, 2023, the Federal Acquisition Regulatory Council (FAR Council) issued an interim Federal Acquisition Regulation rule (FAR rule) that implements the Federal Acquisition Supply Chain Security Act (FASCSA). federal contractors and suppliers). products and services) and “Covered Sources” (i.e.,

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Supplier Risk and Performance Management

ivalua

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .

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Interim Rule Effective in December Establishes Requirements for Contractors to Remove Identified Products and Services from the U.S. Government Supply Chain

Government Contracts & Investigations

On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition Supply Chain Security Act (FASCSA) Orders.” Government supply chain as directed by the Federal Acquisition Security Council (“FASC). In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R.

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From a recent practitioner: More of what’s ahead for federal acquisition in 2024

Federal News Network

However, I can say that there’s incredible plans underway to continue to deliver more value to our citizens, to our customers, to create a much more equitable, inviting, successful marketplace for suppliers and to continue to make it easy for people who do business with the government. We asked a question of ourselves almost every day.

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Coming December 4: Do You Know Where Your Supply Chain Risks Are? FAR Council Issues Interim Rule Requiring Contractor Diligence for FASC Exclusion and Removal Orders

Government Contracts Legal Forum

The new FAR clauses implementing these changes will apply to all contracts, including contracts below the simplified acquisition threshold (SAT), contracts or orders for commercial products or services (including commercial off-the-shelf (COTS) items), and orders under indefinite delivery, indefinite quantity contracting vehicles.