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If the real interest rate rises, current consumption may decrease due to increased return on savings; but current consumption may also increase as the household decides to consume more immediately, as it is feeling richer. The net effect on current consumption is the elasticity of intertemporal substitution. [2]
The 2018 NDAA included the Modernizing Government Technology Act (MGT Act), which would fund IT modernization projects in the federal government with $250 million each in fiscal 2018 and fiscal 2019. The money is to be held by GSA in a category called the Technology Modernization Fund. The MGT act requires agency CIOs to evaluate applications ...
In 1973 GSA created the Office of Federal Management Policy. GSA's Office of Acquisition Policy centralized procurement policy in 1978. GSA was initially responsible for emergency preparedness and stockpiling strategic materials to be used in wartime until those functions were transferred to the newly created Federal Emergency Management Agency ...
The Defense Production Act (DPA) of 1950 (Pub. L. 81–774) is a United States federal law enacted on September 8, 1950, in response to the start of the Korean War. [1] It was part of a broad civil defense and war mobilization effort in the context of the Cold War .
In other words, FAR Part 12 was intended to increase the number of competitors available to the US Government by jettisoning all of the unique requirements, including cost accounting systems, which are forced upon Federal contractors by acquisition processes such as FAR Parts 14, [clarification needed] 15, 36 etc.; instead, the Federal ...
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
GSA Advantage is an online shopping and ordering service created within the GSA for use by government agencies to buy commercial products and services. Its mission is to provide a streamlined purchasing portal for federal agencies to acquire goods and services.
The Conversion Support Center transferred to GSA in 1979 and became the core of GSA’s Office of Software Development and Information Technology (OSDIT). [13] [14] Like FEDSIM, OSDIT provided technical experts to other agencies for a fee. In 1985, because of the small number of its Air Force-specific projects, FEDSIM transferred from the Air ...