Live Breaking News & Updates on Department Approvals
Stay updated with breaking news from Department approvals. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think th ....
Recommended for sbe policy is inclusion of what a joint venture is, a definition of what is association is, how eligibility for sbe credits are counted and what the aensh will expect in terms of a association and joint voferner agreement. First what is proposed for joint vercher is what is stated on the slide. There is nothing particularly different in termoffs joint venture as one would understand in the contracting world. It is just a separation we stipulated it must meet the minimum threshold assigned by us in terms of what the agreement should contain and subject to our approval. The definition of a association, this is a terminology that is somewhat unique to the agency. What we have done is assign a specific definition where it is a agreement bedween 2 parties established to complete a specific task or project and the agreement should provide the associate a significant project management role and the associate shall be recognized in the marthing and collateral material. That is ....
Clarifying language to provide a framework for people to work off of. In terms of agreement requirements, we have specific defined provisions we want to see within the agreements and those are specified here and ill read that off briefly. It is the fined management between the parties and these are 2 parties. The non sbe prime and the sbe partner. Define the technical managerial responsibility. Define the scope of work. Percentage break down of the kope scope orwork. Identify subcontractors or conceltabout that perform the work. This is important, we want to make sure the Small Business partner performs that 35 percent level. Define the schedule, duration and deliverable of the agreement. Detail the fee schedule, break down and compensation. Specify insurance requirements that each party shall be required to maintain. Specify how additional worker changes are made. Specify how claims and disputes will be resolved. What is being as ....
The agreement must be provided to us for approval. One thing thata couple things we are looking at for the future is looking at potential safe harbor language within these agrume grument and language that is put into had contract. We are seeking to come back to you in 6 months to give a status of how this is implemented over a 6 month period. The second think we are looking at is additional incentives for sbes that i guess in theory graduated from the sbe program. What i mean by that is because the city has a sbalbe category that exceeds the ocii standards recommended here, in theory they were once sbes that fell within the thresh hold and are now greater but the feds determine them to be Small Business. We are looking to provide incentive for those that graduated some way oof getting them involved in our particular projects. Offering a incentive for them to partner with current sbes in some manner allowing the firms to participat ....