This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
The past few years have highlighted serious deficiencies in prevalent supplychain 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 supplychain disruptions. Onshoring suppliers is another recent reactionary trend.
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 SupplyChain Security Act (FASCSA). federal contractors and suppliers). products and services) and “Covered Sources” (i.e.,
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. .
On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition SupplyChain Security Act (FASCSA) Orders.” Government supplychain 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.
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.
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.
This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. A new Procurement Policy Note has been published which provides an updated Standard Selection Questionnaire.
This applies to all above-threshold procurements. The new SQ provides important guidance on considering bids from Russian/ Belarusian suppliers. A new Procurement Policy Note has been published which provides an updated Standard Selection Questionnaire.
Both prohibitions will apply to all procurements, including commercially available off-the-shelf (COTS) items, and purchases below the micro-purchase threshold: Section 5949(a)(1)(A) ( Part A ) prohibits agencies from acquiring electronic products or services that include covered semiconductor products or services.
The TAA applies to procurements above certain dollar thresholds. This can present significant challenges for suppliers and contractors, especially in industries with complex global supplychains. ” This means checking your whole supplychain to make sure everything is okay. It ensures that the U.S.
Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. This includes buying office supplies, building roads or hiring services. Youre not alone!
In government contracting, if a contract value exceeds a certain dollar threshold and an international trade agreement governing procurement is applicable, the BAA domestic preferences will be waived in favor of permitting acquisition of TAA-compliant products.
Did the agreement between the supplier and the distributor substantially infringe competition law? To begin with, vertical agreements at different levels of the supplychain entail a more complex analysis than horizontal agreements between direct competitors. and are generally seen as pro-competitive.
Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold.
Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold.
Companies should make sure they have the appropriate investment of resources for compliance, which likely will require a cross-section of corporate engagement, including information security, legal, compliance, supplychain and business operation stakeholders. Comments on the proposed rule will be accepted until February 26, 2023.
This provision of the NDAA seems targeted at bridging the communication gap between the agencies by requiring that the parties to a proposed transaction over the HSR threshold provide a copy of their HSR filing directly to DoD. Section 856 requires DoD to establish and carry out a pilot program to analyze, map, and monitor key U.S.
Companies should make sure they have the appropriate investment of resources for compliance, which likely will require a cross-section of corporate engagement, including information security, legal, compliance, supplychain and business operation stakeholders. Comments on the proposed rule will be accepted until February 26, 2023.
Legal Corner: CISA Cyber Incident Reporting for Critical Infrastructure Will Significantly Impact Government Contractors, Suppliers, and Service Providers The Legal Corner provides the procurement community with an opportunity to share insights and comments on relevant legal issues of the day. What needs to be reported?
When a single supplier is the only option for your procurement needs, understanding the nuances becomes essential. This step is crucial to ensure that the selection of a single supplier is justified as the only available source for a product or service. But what happens when only one supplier can fulfill a specific requirement?
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.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
The amendment includes the following eight updates to the solicitations: The provision at FAR 52.204-29, Federal Acquisition SupplyChain Security Act Orders—Representation and Disclosures, is being incorporated into the solicitation. On March 6, 2024, the Federal Circuit vacated the CBCA decision on the threshold jurisdictional issue.
Feb 2 FAR Interim Rule Implementation of Federal Acquisition SupplyChain Security Act (FASCA) Orders Send member comments to Ian Bell at ibell@thecgp.org by Fri., Covered follow-on contracts include most contracts governed by the Service Contract Act (SCA) that exceed the Simplified Acquisition Threshold, currently set at $250,000.
GSA Requesting Feedback on Draft SupplyChain Risk Management Questionnaire The General Services Administration’s (GSA) Office of Information Technology Category has developed a supplier assurance questionnaire to gather information regarding cybersecurity supplychain risk management (C-SCRM).
18] And, for DoD, Defense Federal Acquisition Regulation Supplement (“DFARS”) 216.203-4 limits the use of the FAR EPA clauses to DoD contracts that exceed the simplified acquisition threshold (presently $250,000 with exceptions), and performance is longer than six months. [19] GAO’s competitive prejudice threshold should be similar.
The ongoing bi-partisan support for bolstering domestic sourcing is illustrated no better than through this year’s NDAA, which focuses on expanding the domestic supplychain for materials and supplies critical to the U.S.
In the face of strong opposition from some powerful lobbying groups like the United Steelworkers Union, DOT maintained fairly robust thresholds in line with the proposed waiver. In some cases, companies may need to carefully review supplychains to ensure their goods are compliant with domestic preference rules.
discussed here ), which aimed “to maximize the use of goods, products, and materials produced in the United States in order to strengthen and diversify domestic supplier bases and create new opportunities for U.S. This increase aligns the DFARS domestic content threshold with that in the FAR. supplychain.
Finally, there is no minimum production (or import) threshold that triggers reporting and no “de minimis” level of PFAS content below which reporting is not required. for one-off imports) and regardless of the level or concentration of PFAS in each piece of equipment.
Helping suppliers navigate new rules and seize opportunities under the Procurement Act 2023. With less than 2 weeks until the Procurement Act 2023 (Act) goes live on Monday 24 February 2024, suppliers need to ensure that their organisation is ready for the changes and carry out due diligence against its supplychain.
Furthermore, both suppliers and consumers benefitted from simplified import procedures. Category 2 – Low value consignments below a specified de minimis threshold for which no duties and taxes are collected, and eligible for immediate clearance and release upon compliance with specific requirements.
The memo highlighted efforts by OMB to partner with SBA, the Domestic Policy Council, National Economic Council, and others to continue to promote efforts meant to increase the diversity of the government’s supplier base, including the use of innovative acquisition practices that lower transaction costs for small businesses.
By taking advantage of the strategies in this guidance, the federal government will be able to increase the number of small business firms in the federal supplier base and increase contracting opportunities for small disadvantaged businesses (SDBs).” “This memo upends over 30 years of established policy.
5] Agencies may compete orders on the GSA Schedule 8(a) contract even if the value of the order is below the 8(a) competitive threshold ($4.5 Of the four projects in this category, two were on track to meet their savings projections (within the Office of Management and Budget’s 10 percent threshold).
GSA Provides Updated Instructions on Identifying SUP Free Packaging GSA has updated an Interact post that explains how suppliers can garner a Single Use Plastic (SUP) free icon for products on GSA Advantage! To join, please contact Michael Hanafin at mhanafin@thecgp.org. The public has until January 28, 2025, to submit comments.
As CISA has noted , [an SBOM] has emerged as a key building block in software security and software supplychain risk management. SBOMs are defined by CISA as a formal record containing the details and supplychain relationships of various components used in building software.
In brief Following President Trumps extensive new import tariffs, many companies are grappling with increased costs and supplychain uncertainty. It can be helpful to act sooner rather than later so that all parties in the supplychain have ample notice of changes. Does it list government actions or changes in law?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content