The New Blueprint: Local Governments Shift Toward Direct Housing Investment
Discover how US local governments are directly investing in housing development to create permanent, affordable homes, moving beyond traditional tax credits.
Discover how US local governments are directly investing in housing development to create permanent, affordable homes, moving beyond traditional tax credits.
Clarifying Contractual Uncertainty The Department of Expenditure has issued a new memorandum this week to standardize the application of Force Majeure clauses across all government procurement contracts. This policy update aims to resolve long-standing ambiguities regarding how contractors should handle uncontrollable events, such as natural disasters or supply chain disruptions, when fulfilling public sector obligations….
The Government of India has officially appointed Joram Aniya and R. Balasubramaniam as full-time members of the NITI Aayog, the nation’s premier public policy think tank, effectively increasing the organization’s full-time leadership count to seven. The appointments, announced this week in New Delhi, aim to bolster the institution’s capacity for strategic planning and grassroots policy…
The Government of India has appointed Joram Aniya and Dr. R. Balasubramaniam as full-time members of NITI Aayog, increasing the policy think tank’s total count of full-time members to seven. This expansion, announced this week in New Delhi, aims to bolster the organization’s strategic capacity as it navigates complex economic and social developmental challenges. The…
New Federal Guidance on Contractual Obligations The Department of Expenditure has issued a comprehensive memorandum this week, establishing a standardized framework for Force Majeure provisions across all government procurement contracts. This policy, effective immediately, clarifies the criteria for invoking unforeseen event clauses, mandates specific notification timelines for contractors, and sets a firm 90-day threshold for…
Clarifying Contractual Uncertainty The Department of Expenditure has issued a new memorandum this week to standardize the interpretation and application of Force Majeure clauses within all government procurement contracts. This policy update, which takes effect immediately across all central departments, aims to mitigate legal ambiguity by defining specific criteria for triggering performance relief during unforeseen…