446 - Preferential Procurement

(Editor’s note: The following tab has been updated to reflect provisions within the 2024 revisions to the uniform guidance (2 C.F.R. Part 200), which is effective for awards issued on or after Oct. 1, 2024. Subscribers seeking analysis on awards received prior to that date that follow the 2020 version of the uniform guidance should refer to this section within the attached PDF here.) Preferential procurement is generally considered unsound because it restricts competition. Criticism of preferential practices is longstanding and generally has been valid, except under special circumstances. The Office of Management and Budget’s (OMB) uniform guidance addresses preferential… Read More

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446 - Preferential Procurement

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