GSA Requests More Industry Feedback on Consolidation of Multiple Award Schedules
Client Alert | 1 min read | 07.03.19
In the latest round of market research for the consolidation of Multiple Award Schedules (MAS), the General Services Administration (GSA) is inviting industry feedback on the new schedule structure of large categories, subcategories, and Special Item Numbers (SINs). This new structure is part of GSA's effort to reduce administrative burdens on contractors, streamline offerings, and improve order-level competition. While maintaining the same goods and services as offered on current schedules, GSA has proposed to organize the new schedule by large categories and subcategories similar to the current government-wide category structure, rewrite category descriptions, and remap the SINs under existing Schedules. GSA has left intact the existing Transactional Data Reporting Rule, all Small Business Set Asides SINS, and special terms and conditions unique to specific SINS. Industry comments are due by July 12.
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Client Alert | 2 min read | 05.07.24
Department of Labor Finalizes Changes to Its Fiduciary Rules
On April 25, 2024, the Department of Labor (“DOL”) published a final rule (the “Final Rule”) regarding when providing investment advice results in the advisor becoming a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and the Internal Revenue Code of 1986, as amended (the “Code”). Under this guidance, an entity is a fiduciary if the provider of that advice to an ERISA plan or Individual Retirement Account:
Client Alert | 8 min read | 05.07.24
Client Alert | 3 min read | 05.07.24
Client Alert | 4 min read | 05.07.24
