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GAO Dismisses Subcontract Protest

Client Alert | less than 1 min read | 05.19.04

Noting that its protest jurisdiction extends only to awards “by a Federal agency,” in Addison Construction, Inc., B-293805, April 20, 2004, GAO dismissed the protest because the prime contractor evaluated the proposals and made the award decision. However, GAO noted it would take jurisdiction if the agency handled all the substantive aspects of the procurement, even if the prime contractor handled the procedural aspects, such as issuing the solicitation and receiving proposals.

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Client Alert | 3 min read | 02.10.26

UK FCA Proposes New Sustainability Disclosure Rules for Listed Companies

The UK Financial Conduct Authority (FCA) recently issued consultation paper CP26/5, proposing to replace the existing Task Force on Climate-related Financial Disclosures (TCFD) requirements with new rules mandating listed companies to report against the UK Sustainability Reporting Standards (UK SRS). These are based on the IFRS Sustainability Disclosure Standards developed by the International Sustainability Standards Board (ISSB)....