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Berry Amendment
The Berry Amendment (USC, Title 10, Section 2533a), requires the Department of Defense (DOD) to give preference in procurement to domestically produced, manufactured, or home-grown products, most notably food, clothing, fabrics, and specialty metals. Congress originally passed domestic source restrictions as part of the 1941 Fifth Supplemental DOD Appropriations Act in order to protect the domestic industrial base in the time of war. History The Defense Federal Acquisition Regulation Supplement (DFARS) was amended to include exceptions for the acquisition of food, specialty metals, and hand or measuring tools when needed to support contingency operations or when the use of other-than-competitive procedures is based on an unusual and compelling urgency. The specialty metals provision was added in 1973. This provision requires that specialty metals incorporated in products delivered under DOD contracts be melted in the United States or a “qualifying country”. Specialty metals i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Code
In the law of the United States, the Code of Laws of the United States of America (variously abbreviated to Code of Laws of the United States, United States Code, U.S. Code, U.S.C., or USC) is the official compilation and codification of the general and permanent federal statutes. It contains 53 titles (Titles 1–54, excepting Title 53, which is reserved for a proposed title on small business). The main edition is published every six years by the Office of the Law Revision Counsel of the House of Representatives, and cumulative supplements are published annually.About United States Code Gpo.gov. Retrieved on 2013-07-19. The official version of these laws appears in the '' |
Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Procurement In The United States
The processes of government procurement in the United States enable federal, state and local government bodies in the country to acquire goods, services (including construction), and interests in real property. In fiscal year 2019, the US Federal Government spent $597bn on contracts.Bloomberg GovernmentBGOV200: Federal Industry Leaders 2019 accessed 9 July 2020 The market for state, local, and education (SLED) contracts is thought to be worth $1.5 trillion. Contracts for federal government procurement usually involve appropriated funds spent on supplies, services, and interests in real property by and for the use of the Federal Government through purchase or lease, whether the supplies, services, or interests are already in existence or must be created, developed, demonstrated, and evaluated. Federal Government contracting has the same legal elements as contracting between private parties: a lawful purpose, competent contracting parties, an offer, an acceptance that complies with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Acquisition Regulation
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States,. and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, . It covers many of the contracts issued by the US military and NASA, as well as US civilian federal agencies. The largest single part of the FAR is Part 52, which contains standard solicitation provisions and contract clauses. Solicitation provisions are certification requirements, notices, and instructions directed at firms that might be interested in competing for a specific contract. These provisions and clauses are of six types: (i) required solicitation provisions; (ii) required-when-applicable solicitation provisions; (iii) optional solicitation provisions; (iv) required contract clauses; (v) required-when-applicable contract clauses; and (vi) optional contract clauses." If the FAR requires that a clause be included in a government contract, but that clause is omitted, case ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buy American Act
The Buy American Act ("BAA", originally , now ) passed in 1933 by Congress and signed by President Hoover on his last full day in office (March 3, 1933), required the United States government to prefer U.S.-made products in its purchases. Other pieces of federal legislation extend similar requirements to third-party purchases that utilize federal funds, such as highway and transit programs. The Buy American Act is not to be confused with the very similarly named " Buy America Act" that came into effect 50 years later. The latter, a provision of the Surface Transportation Assistance Act of 1982, is 49 U.S.C., § 5323 (j), and applies only to mass-transit-related procurements valued over US$100,000 and funded at least in part by federal grants. In certain government procurements, the requirement purchase may be waived by the Contracting Officer or the Head of the Contracting Activity (HCA) if the domestic product is 25% or more expensive than an identical foreign-sourced product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ellis Yarnal Berry
Ellis Yarnal Berry (October 6, 1902 – April 1, 1999) was an American attorney, newspaper publisher and politician, elected to the United States House of Representatives from South Dakota. Early life and education Berry was born in Larchwood, Iowa, and graduated from Philip High School in Philip, South Dakota. He was a student at Morningside College from 1920 through 1922. He transferred to the University of South Dakota, where he completed his undergraduate work and studied law, graduating with a law degree in 1927. He was admitted to the bar that same year under diploma privilege. Career Berry started his law practice in Kennebec, South Dakota; two years later, he moved to McLaughlin. He was elected as state's attorney, probate court judge for Corson County, and mayor of McLaughlin. He served as the publisher of the newspaper ''Mclaughlin Messenger'' beginning in 1938. He was editor of the ''State Bar Association Journal'' from 1938 through 1950. Politics Berry was el ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Larry Kissell
Lawrence Webb Kissell (born January 31, 1951) is an American politician who served as the U.S. representative for , a district that stretched from Charlotte to Fayetteville. A member of the Democratic Party, he served from 2009 to 2013. In 2012, Kissell lost re-election to Richard Hudson, his Republican opponent. Early life, education, and early career Kissell is a lifelong resident of Biscoe, a small town roughly halfway between Charlotte and Fayetteville. He graduated from Wake Forest University in 1973 with a degree in economics. After a brief stint as a manager at Union Carbide, Kissell worked at a hosiery factory for 27 years, rising to production manager. After growing concerned about the effects of the North American Free Trade Agreement on the textile industry, he resigned his job at the hosiery plant in 2001 and took a job as a social studies teacher at his former high school, East Montgomery High School. As it turned out, the plant closed in 2003. U.S. House of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Combat
Combat ( French for ''fight'') is a purposeful violent conflict meant to physically harm or kill the opposition. Combat may be armed (using weapons) or unarmed ( not using weapons). Combat is sometimes resorted to as a method of self-defense, or can be used as a tool to impose one's will on others. An instance of combat can be a stand-alone confrontation or a small part of a much larger violent conflict. Instances of combat may also be benign and recreational, as in the cases of combat sports and mock combat. Combat may comply with, or be in violation of local or international laws regarding conflict. Examples of rules include the Geneva Conventions (covering the treatment of people in war), medieval chivalry, the Marquess of Queensberry rules (covering boxing) and several forms of combat sports. Hand-to-hand combat Hand-to-hand combat (melee) is combat at very close range, attacking the opponent with the body ( striking, kicking, strangling, etc.) and/or with a melee we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soldier
A soldier is a person who is a member of an army. A soldier can be a conscripted or volunteer enlisted person, a non-commissioned officer, or an officer. Etymology The word ''soldier'' derives from the Middle English word , from Old French or , meaning mercenary, from , meaning shilling's worth or wage, from or , shilling. The word is also related to the Medieval Latin , meaning soldier (literally, "one having pay"). These words ultimately derive from the Late Latin word , referring to an Ancient Roman coin used in the Byzantine Empire. Occupational designations In most armies use of the word "soldier" has taken on a more general meaning due to the increasing specialization of military occupations that require different areas of knowledge and skill-sets. As a result, "soldiers" are referred to by names or ranks which reflect an individual's military occupation specialty arm, service, or branch of military employment, their type of unit, or operational employment or technic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Basket
A market basket or commodity bundle is a fixed list of items, in given proportions. Its most common use is to track the progress of inflation in an economy or specific market. That is, to measure the changes in the value of money over time. A market basket is also used with the theory of purchasing price parity to measure the value of money in different places. Consumer basket The most common type of market basket is the basket of consumer goods used to define the Consumer Price Index (CPI). It is a sample of goods and services, offered at the consumer market. In the United States, the sample is determined by Consumer Expenditure Surveys conducted by the Bureau of Labor Statistics. The price collection is conducted by data collectors on a monthly basis, and is processed further by commodity specialists. Examples of categories included in the basket are: * Food and Beverages (breakfast cereal, milk, coffee, chicken, wine, full service meals, snacks) * Housing (rent of primar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magnet
A magnet is a material or object that produces a magnetic field. This magnetic field is invisible but is responsible for the most notable property of a magnet: a force that pulls on other ferromagnetic materials, such as iron, steel, nickel, cobalt, etc. and attracts or repels other magnets. A permanent magnet is an object made from a material that is magnetized and creates its own persistent magnetic field. An everyday example is a refrigerator magnet used to hold notes on a refrigerator door. Materials that can be magnetized, which are also the ones that are strongly attracted to a magnet, are called ferromagnetic (or ferrimagnetic). These include the elements iron, nickel and cobalt and their alloys, some alloys of rare-earth metals, and some naturally occurring minerals such as lodestone. Although ferromagnetic (and ferrimagnetic) materials are the only ones attracted to a magnet strongly enough to be commonly considered magnetic, all other substances respond weakly to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De Minimis
''De minimis'' is a Latin expression meaning "pertaining to minimal things", normally in the terms ''de minimis non curat praetor'' ("The praetor does not concern himself with trifles") or ''de minimis non curat lex'' ("The law does not concern itself with trifles"), a legal doctrine by which a court refuses to consider trifling matters. Queen Christina of Sweden (r. 1633–1654) favoured the similar Latin adage, ''aquila non capit muscās'' (the eagle does not catch flies). The legal history of ''de minimis'' dates back to the 15th century. The general term has come to have a variety of specialised meanings in various contexts as shown below, which indicate that beneath a certain low level a quantity is regarded as trivial, and treated commensurately. Examples of application of the ''de minimis'' rule Taxation Under U.S. tax rules, the ''de minimis'' rule governs the treatment of small amounts of market discount. Under the rule, if a bond is purchased with a small a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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