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New Federal Procurement Rules Likely to Come at Year’s End

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Low bidder wins rules set to be altered | Notes from Jim Haughey | Reed Construction Data.

No final plan or timetable has yet been announced. New contracting rules will include all federal contracts not jut construction. So there are likely to be enough objections to delay implementation for quite a few months. As of now you should anticipate new procurement rules for federal bids late this year. New rules will likely apply to state and local government and nonprofit projects with federal financing.

Leaked information suggests that a database will be compiled scoring the social acceptability of the business practices of all potential bidders. Expect your public servants in Washington to contact you for details about pay, healthcare, retirement, sick leave, safety and environmental policies. The social scoring will apply to the whole organization not just the part of the organization that may bid on a federal contract. Materials, design, construction management and other organizations will be covered by the new rules if they want to continue bidding for public contracts.

 

2 Responses to New Federal Procurement Rules Likely to Come at Year’s End

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Nancy Smyth, Certified QuickBooks ProAdvisor

Nancy Smyth, Sunburst Software Solutions, Inc.
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I've been using and supporting QuickBooks products since the early 1990's. I've worked with thousands of contractors, assisting them with QuickBooks setup, Certified Payroll Reporting requirements, AIA Billing and Weighted-Average Overtime.


QuickBooks is a powerful product, but learning how to use it in your construction business can be difficult. I hope you find resources available here to be helpful.

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