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Stay of FSS Procurement Requires Prompt Action

Client Alert | less than 1 min read | 11.09.05

In Systems Plus, Inc. v. U.S. (Oct. 27, 2005), the Court of Federal Claims held that a Federal Supply Schedule procurement for a blanket purchase agreement conducted as a commercial item buy under FAR part 12, rather than part 15, does not require that the agency provide a debriefing to a disappointed bidder. As a result, the automatic statutory stay upon a GAO protest runs only for 10 days from contract award and not also for 5 days from any discretionary debriefing in such situations.

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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)....