This presentation includes a recap on PSS Consolidation, an updated timeframe for rollout, migration package details and status update, expected challenges and items to keep in mind.
This document outlines Shared Services Canada's Procurement Strategy for Aboriginal Business. It establishes multi-year performance objectives to increase contracting opportunities for Aboriginal businesses. The objectives are to award contracts valued at $24.76 million or 3.8% of forecasted spending in 2013/14. Responsibilities are defined for management committees and procurement divisions to identify opportunities, approve objectives, track spending, and report progress regularly to ensure targets are met.
- Qube Holdings reported solid underlying earnings for the first half of the 2016 fiscal year despite challenging market conditions. Revenue declined slightly due to lower volumes from existing customers.
- The company continued focusing on cost reductions and operational efficiencies to mitigate lower activity levels. New facilities also helped improve margins.
- Qube secured new customers and contracts through innovative logistics solutions, and pursued growth initiatives such as the proposed acquisition of Patrick Container Terminals and development at Moorebank.
R. Pravin has over 4.9 years of experience implementing and supporting SAP MM. He has expertise in configuring MM concepts and integrating with other modules. He has experience with one end-to-end implementation and three support projects. His technical skills include SAP R/3 4.6C and ECC 6.0 with a specialization in the MM module. He has worked as an SAP functional consultant for various companies providing support, new developments, testing, training and more.
This document provides a summary of the professional experience and qualifications of Michael GW Smith. It outlines his 20+ years of experience as a Chartered Accountant working in interim and permanent finance roles across a variety of industries, with a focus on the automotive sector. Details are given of his roles and achievements in areas such as financial management, commercial support, project delivery, and systems experience. A record of delivery highlights several of his interim assignments and accomplishments in implementing new systems, improving financial reporting, and helping businesses reduce costs and stabilize finances.
This document provides a summary of an individual's experience working as an SAP FICO consultant for various clients over 18 years. It highlights their expertise in implementing and supporting the SAP FICO module, including configuration, testing, training and production support. The individual's most recent role involved implementing the SAP FICO module for a client in Brazil, with responsibilities like requirements gathering, gap analysis, and configuration of various FICO submodules.
Raju Ragi is seeking a position in supply chain management where he can utilize 6 years of experience in SAP MM. He has experience configuring SAP for procurement, inventory management, and third party services. Currently he works for Reliance Jio coordinating material and logistics for wireless projects. Previously he held SCM roles at Indus Towers and VIOM Networks where he was responsible for procurement, purchase order management, vendor relations, and reporting.
This document contains a summary of CNVS Satyanarayana's professional experience and qualifications. He has over 15 years of experience in finance, accounting, and business analysis roles. He holds a Master's in Financial Management and a Master's in Commerce. His experience includes financial planning and analysis, accounts receivable, accounts payable, expense reporting, revenue analysis, and audit work. Currently he is a Front Line Manager at CSC, where he is responsible for people management, operations, analysis, and reporting.
This document outlines Shared Services Canada's Procurement Strategy for Aboriginal Business. It establishes multi-year performance objectives to increase contracting opportunities for Aboriginal businesses. The objectives are to award contracts valued at $24.76 million or 3.8% of forecasted spending in 2013/14. Responsibilities are defined for management committees and procurement divisions to identify opportunities, approve objectives, track spending, and report progress regularly to ensure targets are met.
- Qube Holdings reported solid underlying earnings for the first half of the 2016 fiscal year despite challenging market conditions. Revenue declined slightly due to lower volumes from existing customers.
- The company continued focusing on cost reductions and operational efficiencies to mitigate lower activity levels. New facilities also helped improve margins.
- Qube secured new customers and contracts through innovative logistics solutions, and pursued growth initiatives such as the proposed acquisition of Patrick Container Terminals and development at Moorebank.
R. Pravin has over 4.9 years of experience implementing and supporting SAP MM. He has expertise in configuring MM concepts and integrating with other modules. He has experience with one end-to-end implementation and three support projects. His technical skills include SAP R/3 4.6C and ECC 6.0 with a specialization in the MM module. He has worked as an SAP functional consultant for various companies providing support, new developments, testing, training and more.
This document provides a summary of the professional experience and qualifications of Michael GW Smith. It outlines his 20+ years of experience as a Chartered Accountant working in interim and permanent finance roles across a variety of industries, with a focus on the automotive sector. Details are given of his roles and achievements in areas such as financial management, commercial support, project delivery, and systems experience. A record of delivery highlights several of his interim assignments and accomplishments in implementing new systems, improving financial reporting, and helping businesses reduce costs and stabilize finances.
This document provides a summary of an individual's experience working as an SAP FICO consultant for various clients over 18 years. It highlights their expertise in implementing and supporting the SAP FICO module, including configuration, testing, training and production support. The individual's most recent role involved implementing the SAP FICO module for a client in Brazil, with responsibilities like requirements gathering, gap analysis, and configuration of various FICO submodules.
Raju Ragi is seeking a position in supply chain management where he can utilize 6 years of experience in SAP MM. He has experience configuring SAP for procurement, inventory management, and third party services. Currently he works for Reliance Jio coordinating material and logistics for wireless projects. Previously he held SCM roles at Indus Towers and VIOM Networks where he was responsible for procurement, purchase order management, vendor relations, and reporting.
This document contains a summary of CNVS Satyanarayana's professional experience and qualifications. He has over 15 years of experience in finance, accounting, and business analysis roles. He holds a Master's in Financial Management and a Master's in Commerce. His experience includes financial planning and analysis, accounts receivable, accounts payable, expense reporting, revenue analysis, and audit work. Currently he is a Front Line Manager at CSC, where he is responsible for people management, operations, analysis, and reporting.
The document summarizes key aspects of the new revenue recognition standard, ASC 606. It provides an overview of the core principle of ASC 606, which is that an entity should recognize revenue to reflect the transfer of goods or services to customers in an amount that reflects the consideration the entity expects to receive. It then discusses some of the major changes introduced by ASC 606, such as additional judgment required, the five-step model for revenue recognition, and new disclosure requirements. It also covers the effective dates for public and private companies and allows for early adoption.
IFRS 15 - the new revenue recognition standard EY Belgium
The IASB and the FASB have jointly issued a new revenue standard, IFRS 15 Revenue from Contracts with Customers, which will replace the existing IFRS and US GAAP revenue guidance.Find out more in our comprhensive brochure.
Annual update course covering:
IFRS 15 Revenue from Contracts with Customers
IFRS 16 Leases
IFRICs 22 Foreign Currency Transactions and Advance Consideration
IFRIC 23 Uncertainty over Income Tax Treatments
Amongst other updates to standards during the past year.
The new revenue recognition guidance included in the FASB’s Accounting Standards Update 2014-09 and in the IASB’s IFRS 15 creates a new, principle-based revenue recognition framework that affects nearly every revenue-generating entity, including life sciences arrangements. To help your company get started, this overview outlines key features of the new standard.
Learn more - http://gt-us.co/1JroSHG
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FASB Proposals Affecting Government ContractorsDecosimoCPAs
Robert Belcher and Ken Conner co-presented this PowerPoint at the 2012 RocketCity GovCon Conference hosted by Solvability in Huntsville, Ala. on Sept. 20, 2012.
Baker Tilly Presents: Government Contract Reporting Requirements: What did yo...BakerTillyConsulting
Presented at NCMA's World Congress 2016
Presenters: Baker Tilly's Nathan Geesaman, CPA, CFE, Manager and Accenture Federal Services' Katherine Adams, Senior Contract Manager.
For U.S. federal government contractors, there are myriad contractual reporting requirements that must be submitted to the government beyond the annual ICS submitted to DCAA. Contract managers must understand and communicate what is required in order to comply with the terms of the contract. This session will discuss some of these government reporting requirements, such as small business subcontracting, government property, service contracts, eCMRA, GSA Schedules, GWACs, and CPARS. www.bakertilly.com/governmentcontractors
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Revenue recognition
Academic Resource Center
Revenue recognition Page 2
General
► This new guidance will supersede almost all existing revenue guidance under US
GAAP (including industry guides) and IFRS.
► The AICPA has formed various industry task forces to help develop non-authoritative
guidance.
► The FASB and IASB announced the formation of a joint transition resource group
(TRG) that will be responsible for informing the Boards about interpretive issues that
arise as companies implement the revenue standards. The TRG will not issue
guidance.
The FASB and IASB issued new guidance on accounting for revenue
recognition, Revenue Recognition – Revenue from Contracts with
Customers.
► FASB – ASC 606 (ASU 2014-09)
► IASB – IFRS 15
May 2014
Academic Resource Center
Revenue recognition Page 3
General
► ASC 606 applies to both public and non-public entities. For non-public entities, there is
some specific relief related to disclosures, transition and the effective date.
► At the December 5, 2016 AICPA National Conference on Current SEC and PCAOB
Developments, Sylvia E. Alicea, a professional accounting fellow of the office of the chief
accountant (OCA) made the following comments:
“SAB Topic 13 will continue to apply to registrants prior to their adoption of the new
revenue standard so it will continue to be relevant until all registrants have completed their
transition. New guidance will be provided, as needed. However, when OCA evaluates
implementation-related consultations under U.S. GAAP, our starting point is the new
revenue standard (and any subsequent amendments) as issued by the FASB. Therefore, I
believe registrants should also apply that model (as opposed to SAB Topic 13) when
evaluating their revenue arrangements for adoption of Topic 606.”
► IFRS 15 does not specifically apply to non-public entities. These non-public entities may
apply IFRS for Small and Medium-Sized Entities.
Academic Resource Center
Revenue recognition Page 4
Effective date and adoption methods
US GAAP
► For US public entities, certain not-for-profit entities and
certain employee benefit plans, the guidance is effective
for annual periods beginning after December 15, 2017.
Early adoption is permitted for annual periods beginning
after December 15, 2016.
► All other US entities are required to apply the standard to
annual periods beginning after December 15, 2018 but
can also early adopt beginning after December 15, 2016.
IFRS
► The guidance is effective for annual
periods beginning on or after
January 1, 2018.
► Early adoption is permitted. Early
adoption was permitted when IFRS
15 was originally issued.
The adoption methods available for both US GAAP and IFRS include the full retrospective approach
and the modified retrospective approach. These are further explained on the following slide.
Academic Resource Center
Revenue recognition Page 5
Effective date and adoption methods
Key .
ABC Power & Light Company is seeking proposals for a new Customer Information System (CIS) to replace their current manual system and improve customer service. The RFP provides details on the project scope, requirements, evaluation criteria, timeline, and terms. Proposers must have experience implementing CIS solutions for utilities and meet technical, functional, and support requirements. The selected solution will be implemented in phases over 18 months and require post-implementation support for an additional 18 months.
Fisconti Tax Consulting Netherlands - New Transfer Pricing Documentation requ...Guido Van Asperen
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New Transfer Pricing Documentation Requirements have been introduced in the Netherlands in 2016. If you are part of a multinational with a turnover of at least € 50 million, these rules will generally be relevant to you. We provide a pratical approach avoiding duplication of work, considering similar requirements in other countries.
- The document provides an overview of new and revised IFRS standards that are effective for annual periods beginning on or after December 31, 2015 and beyond.
- For periods beginning December 31, 2015, amendments to IAS 19, IFRSs Annual Improvements 2010-2012, and IFRSs Annual Improvements 2011-2013 are mandatorily effective.
- New and revised standards that are not yet mandatorily effective but allow early adoption include amendments to various IFRS standards contained in the annual improvements projects.
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IFRS 17 is a new global accounting standard for insurance contracts that will replace IFRS 4. It requires insurance companies to make significant changes to systems, processes, and financial reporting to be compliant by 2022. Accenture identifies four scenarios for architectural evolution to comply with IFRS 17, ranging from minimal changes to a full re-engineering of architecture to enable data-driven capabilities. Insurance companies must start implementation soon given the scale of changes required to meet the 2022 effective date.
Jim Suttie, CPA presented an accounting update on new accounting pronouncements that will be effective between 2017-2020. Key points included:
1. Changes to the measurement period for business combinations that eliminate the requirement to restate provisional amounts recorded in a business combination if off by up to one year.
2. Changes to the subsequent measurement of inventory from lower of cost or market to lower of cost or net realizable value.
3. New disclosure requirements for investments valued using the NAV practical expedient.
4. Other standards will require one net deferred tax amount on the balance sheet, revisions to nonprofit financial statement presentation, new revenue recognition and leasing standards that will significantly impact
Read this SAP Thought Leadership Paper to understand what new changes in regulations mean for your business and how you can become smarter about revenue recognition and lease accounting with SAP Lease Administration by Nakisa, a solution extension from SAP.
The IS design includes all components the IS function requires to operate effectively and efficiently in the future. The dependencies and interfaces between IS and other corporate functions and any potential overlaps need to be dealt with as part of the GOF programme of work.
Selling to the Government - Session 1: Building Your Government Sales PracticeWinvale
Building a thriving government practice can be challenging in today’s environment. Our team will discuss best practices and share tips you need to know in order to get your practice off the ground, build relationships with key decision makers, and ultimately win government business.
The document summarizes key aspects of the new revenue recognition standard, ASC 606. It provides an overview of the core principle of ASC 606, which is that an entity should recognize revenue to reflect the transfer of goods or services to customers in an amount that reflects the consideration the entity expects to receive. It then discusses some of the major changes introduced by ASC 606, such as additional judgment required, the five-step model for revenue recognition, and new disclosure requirements. It also covers the effective dates for public and private companies and allows for early adoption.
IFRS 15 - the new revenue recognition standard EY Belgium
The IASB and the FASB have jointly issued a new revenue standard, IFRS 15 Revenue from Contracts with Customers, which will replace the existing IFRS and US GAAP revenue guidance.Find out more in our comprhensive brochure.
Annual update course covering:
IFRS 15 Revenue from Contracts with Customers
IFRS 16 Leases
IFRICs 22 Foreign Currency Transactions and Advance Consideration
IFRIC 23 Uncertainty over Income Tax Treatments
Amongst other updates to standards during the past year.
The new revenue recognition guidance included in the FASB’s Accounting Standards Update 2014-09 and in the IASB’s IFRS 15 creates a new, principle-based revenue recognition framework that affects nearly every revenue-generating entity, including life sciences arrangements. To help your company get started, this overview outlines key features of the new standard.
Learn more - http://gt-us.co/1JroSHG
The New Revenue Standard is Here: What to Do NowTensoft, Inc.
This presentation takes a more in depth look at the changes the new revenue recognition standard will bring with it and how a company can prepare for the new standard. It looks specifically at the effect the changes will have on technology companies. Posted with permission from Jeffrey Werner of Werner Consulting Group, who presented on this topic in September 2014.
FASB Proposals Affecting Government ContractorsDecosimoCPAs
Robert Belcher and Ken Conner co-presented this PowerPoint at the 2012 RocketCity GovCon Conference hosted by Solvability in Huntsville, Ala. on Sept. 20, 2012.
Baker Tilly Presents: Government Contract Reporting Requirements: What did yo...BakerTillyConsulting
Presented at NCMA's World Congress 2016
Presenters: Baker Tilly's Nathan Geesaman, CPA, CFE, Manager and Accenture Federal Services' Katherine Adams, Senior Contract Manager.
For U.S. federal government contractors, there are myriad contractual reporting requirements that must be submitted to the government beyond the annual ICS submitted to DCAA. Contract managers must understand and communicate what is required in order to comply with the terms of the contract. This session will discuss some of these government reporting requirements, such as small business subcontracting, government property, service contracts, eCMRA, GSA Schedules, GWACs, and CPARS. www.bakertilly.com/governmentcontractors
This document outlines the scope, terms, and bidder qualifications for a project to implement SAP services for a new company code at BHEL's PE&SD division in Hyderabad, India. The scope includes building a new company code in the existing SAP ECC 6.0 instance, testing, data migration, a technical upgrade to the latest enhancement package, go-live, and post go-live support. The implementation is targeted to take 3 months. Bidders must meet qualifications including being an SAP global services partner, having experience on similar projects, and having 500 SAP consultants on staff. The selected vendor will be solely responsible for the entire project implementation.
Revenue recognition
Academic Resource Center
Revenue recognition Page 2
General
► This new guidance will supersede almost all existing revenue guidance under US
GAAP (including industry guides) and IFRS.
► The AICPA has formed various industry task forces to help develop non-authoritative
guidance.
► The FASB and IASB announced the formation of a joint transition resource group
(TRG) that will be responsible for informing the Boards about interpretive issues that
arise as companies implement the revenue standards. The TRG will not issue
guidance.
The FASB and IASB issued new guidance on accounting for revenue
recognition, Revenue Recognition – Revenue from Contracts with
Customers.
► FASB – ASC 606 (ASU 2014-09)
► IASB – IFRS 15
May 2014
Academic Resource Center
Revenue recognition Page 3
General
► ASC 606 applies to both public and non-public entities. For non-public entities, there is
some specific relief related to disclosures, transition and the effective date.
► At the December 5, 2016 AICPA National Conference on Current SEC and PCAOB
Developments, Sylvia E. Alicea, a professional accounting fellow of the office of the chief
accountant (OCA) made the following comments:
“SAB Topic 13 will continue to apply to registrants prior to their adoption of the new
revenue standard so it will continue to be relevant until all registrants have completed their
transition. New guidance will be provided, as needed. However, when OCA evaluates
implementation-related consultations under U.S. GAAP, our starting point is the new
revenue standard (and any subsequent amendments) as issued by the FASB. Therefore, I
believe registrants should also apply that model (as opposed to SAB Topic 13) when
evaluating their revenue arrangements for adoption of Topic 606.”
► IFRS 15 does not specifically apply to non-public entities. These non-public entities may
apply IFRS for Small and Medium-Sized Entities.
Academic Resource Center
Revenue recognition Page 4
Effective date and adoption methods
US GAAP
► For US public entities, certain not-for-profit entities and
certain employee benefit plans, the guidance is effective
for annual periods beginning after December 15, 2017.
Early adoption is permitted for annual periods beginning
after December 15, 2016.
► All other US entities are required to apply the standard to
annual periods beginning after December 15, 2018 but
can also early adopt beginning after December 15, 2016.
IFRS
► The guidance is effective for annual
periods beginning on or after
January 1, 2018.
► Early adoption is permitted. Early
adoption was permitted when IFRS
15 was originally issued.
The adoption methods available for both US GAAP and IFRS include the full retrospective approach
and the modified retrospective approach. These are further explained on the following slide.
Academic Resource Center
Revenue recognition Page 5
Effective date and adoption methods
Key .
ABC Power & Light Company is seeking proposals for a new Customer Information System (CIS) to replace their current manual system and improve customer service. The RFP provides details on the project scope, requirements, evaluation criteria, timeline, and terms. Proposers must have experience implementing CIS solutions for utilities and meet technical, functional, and support requirements. The selected solution will be implemented in phases over 18 months and require post-implementation support for an additional 18 months.
Fisconti Tax Consulting Netherlands - New Transfer Pricing Documentation requ...Guido Van Asperen
In the Netherlands new transfer pricing documentation rules are introduced. They will have an impact on companies with a global consolidated turnover of € 50 million
Fisconti tax consulting Netherlands - New Transfer Pricing Documentation Req...Guido Van Asperen
New Transfer Pricing Documentation Requirements have been introduced in the Netherlands in 2016. If you are part of a multinational with a turnover of at least € 50 million, these rules will generally be relevant to you. We provide a pratical approach avoiding duplication of work, considering similar requirements in other countries.
- The document provides an overview of new and revised IFRS standards that are effective for annual periods beginning on or after December 31, 2015 and beyond.
- For periods beginning December 31, 2015, amendments to IAS 19, IFRSs Annual Improvements 2010-2012, and IFRSs Annual Improvements 2011-2013 are mandatorily effective.
- New and revised standards that are not yet mandatorily effective but allow early adoption include amendments to various IFRS standards contained in the annual improvements projects.
How to Get on MAS-September 2023_508.pptxMartin Kiai
The document provides an overview of the GSA Multiple Award Schedule (MAS) Program. It discusses the structure of the program, including the use of long-term governmentwide contracts with commercial firms. It also covers key aspects of participating in the program such as understanding the solicitation, evaluation criteria, trade agreement compliance, and submitting an offer. Resources for additional information and assistance are provided.
IFRS 17 is a new global accounting standard for insurance contracts that will replace IFRS 4. It requires insurance companies to make significant changes to systems, processes, and financial reporting to be compliant by 2022. Accenture identifies four scenarios for architectural evolution to comply with IFRS 17, ranging from minimal changes to a full re-engineering of architecture to enable data-driven capabilities. Insurance companies must start implementation soon given the scale of changes required to meet the 2022 effective date.
Jim Suttie, CPA presented an accounting update on new accounting pronouncements that will be effective between 2017-2020. Key points included:
1. Changes to the measurement period for business combinations that eliminate the requirement to restate provisional amounts recorded in a business combination if off by up to one year.
2. Changes to the subsequent measurement of inventory from lower of cost or market to lower of cost or net realizable value.
3. New disclosure requirements for investments valued using the NAV practical expedient.
4. Other standards will require one net deferred tax amount on the balance sheet, revisions to nonprofit financial statement presentation, new revenue recognition and leasing standards that will significantly impact
Read this SAP Thought Leadership Paper to understand what new changes in regulations mean for your business and how you can become smarter about revenue recognition and lease accounting with SAP Lease Administration by Nakisa, a solution extension from SAP.
The IS design includes all components the IS function requires to operate effectively and efficiently in the future. The dependencies and interfaces between IS and other corporate functions and any potential overlaps need to be dealt with as part of the GOF programme of work.
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- Popular GSA Schedules like Schedule 70 for IT have the highest sales volumes. Requirements to participate include financial statements, past performance history, and pricing documentation.
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Content and inbound marketing for government customers
Government capabilities statements
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How to determine your known and unknown competition
How to use the free data and tools available
How to mine competitor data
How to analyze the data
How to select your targets
How to develop individual pursuit strategies
The Antyodaya Saral Haryana Portal is a pioneering initiative by the Government of Haryana aimed at providing citizens with seamless access to a wide range of government services
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Christina Parmionova
The best available, up-to-date information on all fishing and related vessels that appear on the illegal, unregulated, and unreported (IUU) fishing vessel lists published by Regional Fisheries Management Organisations (RFMOs) and related organisations. The aim of the site is to improve the effectiveness of the original IUU lists as a tool for a wide variety of stakeholders to better understand and combat illegal fishing and broader fisheries crime.
To date, the following regional organisations maintain or share lists of vessels that have been found to carry out or support IUU fishing within their own or adjacent convention areas and/or species of competence:
Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR)
Commission for the Conservation of Southern Bluefin Tuna (CCSBT)
General Fisheries Commission for the Mediterranean (GFCM)
Inter-American Tropical Tuna Commission (IATTC)
International Commission for the Conservation of Atlantic Tunas (ICCAT)
Indian Ocean Tuna Commission (IOTC)
Northwest Atlantic Fisheries Organisation (NAFO)
North East Atlantic Fisheries Commission (NEAFC)
North Pacific Fisheries Commission (NPFC)
South East Atlantic Fisheries Organisation (SEAFO)
South Pacific Regional Fisheries Management Organisation (SPRFMO)
Southern Indian Ocean Fisheries Agreement (SIOFA)
Western and Central Pacific Fisheries Commission (WCPFC)
The Combined IUU Fishing Vessel List merges all these sources into one list that provides a single reference point to identify whether a vessel is currently IUU listed. Vessels that have been IUU listed in the past and subsequently delisted (for example because of a change in ownership, or because the vessel is no longer in service) are also retained on the site, so that the site contains a full historic record of IUU listed fishing vessels.
Unlike the IUU lists published on individual RFMO websites, which may update vessel details infrequently or not at all, the Combined IUU Fishing Vessel List is kept up to date with the best available information regarding changes to vessel identity, flag state, ownership, location, and operations.
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Food safety, prepare for the unexpected - So what can be done in order to be ready to address food safety, food Consumers, food producers and manufacturers, food transporters, food businesses, food retailers can ...
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
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2. 22
Meet the Presenters
Leo Alvarez – Engagement Manager, Winvale
202-296-5505
lalvarez@winvale.com
Leo Alvarez’s primary focus is to advise private enterprises in building strong partnerships with the
Federal Government and to facilitate their business goals. He and his team specializes in contract
acquisition, federal market business strategy, acquisition policy, procurement, and schedule
maintenance.
Carina Linder – Lead Consultant, Winvale
202-296-5505
clinder@winvale.com
Lead Consultant with over 4 years of experience in GSA contract proposal writing and contract
negotiations. Focuses on contract compliance consulting; Federal Acquisition Regulations (FAR) and
procurement procedures.
3. 3
Agenda
• Recap on PSS Consolidation
• Updated Timeframe for Rollout
• Migration Package Details & Status Update
• Expected Challenges
• Items to keep in Mind
4. 4
• In order to eliminate administrative burdens and make the Multiple
Award Schedules (MAS) program more efficient and effective, the
GSA will be migrating eight Schedules into one. The new Schedule
will be referred to as the Professional Services Multiple Award
Schedule or PSS for short.
• The Consolidated (00CORP) Schedule will be rebranded and provide
the platform for the new PSS. Consequently, 00CORP contractors
with product SINs will be required to remove those SINS and obtain
the corresponding host Schedule.
• In addition to the eight Schedules, there are 6 SINs that will be part
of the PSS program in an ancillary fashion – indirectly affecting
Schedules 70, 738X, and 03FAC (more on this shortly).
Background
5. 5
• The migration of multiple Schedules will assist in reducing
scope overlap across multiple GSA Schedules
• Make it easier to determine which GSA Schedule is the best
fit for your organization
• Allow agencies to utilize single GSA Schedules to acquire a
total solution to complex professional services
requirements
• Simplify the management of multiple GSA Schedules, such
as the contract’s minimum sales requirement, and reducing
the need to submit separate offers for professional services
with simple modifications
GSA’s Stated Consolidation Benefits
6. 6
• 520 – Financial and Business Solutions (FABS)
• 541 - Advertising and Integrated Marketing Services (AIMS)
• 738II – Language Services
• 871 – Professional Engineering Services (PES)
• 874 – Mission Oriented Business Integrated Services (MOBIS)
• 874V – Logistics Worldwide (Logworld)
• 899 – Environmental Services
• 00CORP – Consolidated Services
Schedules Directly Impacted
7. 7
• 70 – General Purpose Commercial Information Technology Equipment,
Software, and Services
ONLY SIN: 132-51, Information Technology Professional Services
• 738X – Human Resources & Equal Employment Opportunity Services
ONLY SIN: 595-21, Human Resource Services
• 03FAC – Facilities Maintenance and Management
ONLY SINs:
871-202, Energy Management Planning and Strategies,
871-207, Energy Audit Services,
871-208, Resource Efficiency Management (REM), and
871-211, Energy Consulting Services
NOTE: FABs SINs 520-10 (Transportation Audits) and 520-14 (Audit & Financial Training
Services) will not be included on PSS.
Schedules Indirectly Impacted
8. 8
Host Schedules NOT included in consolidation
• Vendors that ONLY maintain either a Schedule 70, 738X, or
03FAC will not be impacted by the new PSS contract.
• Vendors that maintain SIN 132-51, 595-21, 871-202, 871-
207, 871-208, or 871-211 and one (or more) of the eight
directly affected Schedules will have the option of modifying
their new PSS Contract with these particular SINs, once it is in
place.
• Vendors with a Consolidated Schedule and the above listed
SINs will simply transition to the new PSS Contract.
Schedules Indirectly Impacted (Cont.)
9. 9
• No change to the contract number
• No change to SINs
• Performance period will remain unchanged
• Terms and conditions of contracts will remain
unchanged
Single GSA Schedule Holders
10. 10
• Change to the contract number due to migration
• Terms and conditions will remain the same unless
there is duplication in pricing, labor categories or
escalation rates, resulting in new negotiations
• New established period of performance of one base
period plus three option periods
Contractors with Multiple Services Schedules
11. 11
To Be Completed By Date
October 2014
October 2014
IMMEDIATELY!
January 2015 – August 2015
August 1, 2015
October 1, 2015
Timeframe
• Removal of all non professional services SINs from the
Consolidated Schedules program *
• GSA provides “migration” package instructions to firms who
hold two or more contracts to be migrated into 00CORP *
• Migration packages must be submitted to GSA for review *
• Migration package evaluation and award of 00CORP
contract
• Notification to be transmitted that Professional Services
Solicitation is to be issued (converting 00CORP to PSS) and
mass modification will be initiated migrating all impacted
single Schedule holders to PSS
• PSS Solicitation Launch date
* Note: If you have not been contacted by GSA on these items,
please reach out to your CO immediately!
12. 12
The original deadline for migration package submissions was
December 31, 2014.
• Number of Affected Firms: 440
• Outstanding Migration Packages: ~200 have yet to be
submitted (as of March 20, 2015)
• Migrations Completed: 69
It is absolutely critical that contractors who have multiple
professional services contracts submit a migration package NOW or
else risk jeopardizing one or more contracts once GSA fully rolls out
the PSS contract!
Current Status of GSA Contractor Migrations
13. 13
• Migration Instructions posted on FBO.
• This process is meant to transfer over existing terms and conditions
only. If you are aware of changes that need to be made to your
contract, those changes should be requested via a mod after the
consolidated contract is processed.
• Include a list of all active Blanket Purchase Agreements (BPAs) and
active task orders with option periods and end dates.
• Pricing Options –
1) Develop consolidated CSP / PPL information or
2) Submit already agreed upon CSP/ PPL information from single
schedule contracts (CO’s prefer this)
Migration Package Details
14. 14
What challenges might arise from migrating your contract(s) to the
new Professional Services Schedule?
o Justify overlapping labor categories – GSA has provided
clarification on how to handle duplication, e.g. Program Manager
(MOBIS) or Program Manager (PES)
o Renegotiate your Economic Price Adjustment
o Business Size Determination
o Track separate Tasks Orders with varying EPAs and contract
numbers
o Re-upload your pricelist to GSA Advantage!
What Challenges Might Arise from the Migration?
15. 15
• Migration Package - Minimum Sales Termination
• GSA originally stated contractors that did not meet the $25,000
annual sales minimum would have their contract cancelled as
part of the transition to PSS. This has been waived.
• Migration Package – What about Contract Modifications?
• Firms in their last option period (who do not have another affected
contract) should submit a new offer immediately under 00CORP.
Do not wait until PSS has been released.
Additional Items to Look Out For
16. 16
Migration Receipt Letter: Upon submission of your migration package,
GSA will provide a series of 6 documents to aid you in successfully
notifying customers of the New PSS contract.
Document 1: Advisory Statement for migrating Schedule contractors
• GSA recommends that you include the following advisory statement
in your pricelist once your PSS contract is awarded:
“Effective October 1, 2015, the Consolidated Schedule will become
the Professional Services Schedule (PSS), with no changes to any terms
and conditions found within this document”
• Additionally, contractors are advised to include a table showing the
affected contracts that have been migrated.
Notifying Agency Customers of Migration
17. 17
Document 2: Sample notice to agency from contractor
• Notifies agency customer that migration package has been submitted. Describes
the PSS launch and transition to a new contract number and a new five (5) year
period of performance.
Document 3: PSS Bulletin for Agencies
• Notification from GSA that can be attached in correspondence with agency
customer. Describes PSS launch and steps to be taken with BPA.
Document 4: PSS TO / BPA Ordering Scenario Guide
• Guide for agency customer which outlines ordering scenarios that could take place
and actions that must be performed by agency
Document 5: PSS Bridge BPA D and F
• Template to be completed by customer agency which outlines “determination and
findings”, granting written approval of transition of BPA to new PSS contract.
Document 6: PSS Bridge BPA J and A
• Template to be completed by customer agency which provides justification /
rationale for transition of BPA to new PSS contract
Notifying Agency Customers of Migration (Cont.)
18. 18
• Should new Proposals submitted under an impacted
Schedule prior to the release of the PSS Solicitation be
submitted under the 00CORP Solicitation?
• What should vendors with pending proposals not assigned
to a CO at the time of the PSS Solicitation be aware of?
• If I have an existing professional services contract and want
to submit a new proposal for another contract, should I
wait for the PSS contract to be released?
Do not submit under any of the affected single schedule
programs because they are going away October 1st.
Anticipated Challenges with Pending Offers
19. 19
What Happens After PSS Roll-Out?
• GSA will review SINs and eliminate those when overlap
exists. The preliminary target date for completing this is
September 2016.
• SINs will be simplified to not include alpha “C” – a remnant
of the 00CORP schedule nomenclature.
• GSA will keep old contracts active for agencies that refuse to
migrate BPA’s! However GSA will not administer these older
contracts. GSA is asking contractors to contact agency
customers to transition old BPA’s to the new PSS contract.
Contact your PCO for help with stubborn agency customers!
20. 20
• What if an agency chooses an RFP to be posted under 874-1 currently, do
they understand that C874-1 should also be selected to ensure PSS vendors
should see it, as well?
If an agency solicits under 874-1 they will see any firm awarded C874-1
and vice versa.
• What if a firm already has an 00CORP contract but they also have a single
schedule contract? Do they Migrate?
No! There is no need to migrate since the firm already holds an 00CORP
which will converted to PSS. Instead, a firm should submit a modification
to add the SINs from the single schedule contract to the 00CORP contract.
• Can a firm migrate their IT 70, 738X, or 03 FAC SINs - 132-51, 595-21,
871-202, 871-207, 871-208, or 871-211?
No! A firm must first migrate the affected program contracts (e.g. MOBIS,
PES, Language, Environmental, Logworld, FABS, AIMS) then MODIFY the
new contract TO ADD SIN(s)
Frequently Asked Questions
22. 22
Join us for our next webinar!
Date: May 6, 2015 at 1:00 PM EST
Topic: Selling to the Government - Session 1:
Building your Government Sales Practice
Read Winvale’s blog on current topics for government contractors:
• Selling to the Government: Building your Government Sales Practice
• So You Want To Increase Your GSA Prices?
• What Does TAA Compliance Mean?
About Winvale
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For more information, visit www.winvale.com or call (202) 296-5505.