Regulatory Update: The Revolutionary FAR Overhaul Has Begun
On April 15, the President signed Executive Order (E.O.) 14275, “Restoring Common Sense to Federal Procurement,” marking the beginning of the most substantial update to the Federal Acquisition Regulation (FAR) in more than 40 years.
The FAR has grown to exceed more than 2,000 pages of regulations; consequently, guidance issued by the Office of Management and Budget stated that the Office of Federal Procurement Policy (OFPP) and the Federal Acquisition Regulatory Council (FAR Council) are leading a revolutionary overhaul to streamline the federal procurement process.
To simplify the FAR, the overhaul implementation will be conducted in two phases: (1) class deviation guidance and (2) formal rulemaking.
View the complete law bulletin here for more analysis of the overhaul.
In This Article
You May Also Like
Agency Update: NLRB Member Status The National Labor Relations Act (NLRA) requires the National Labor Relations Board (NLRB) to have a quorum of three members to exercise its powers and conduct business. As of Dec. 2025, the NLRB regained its quorum after being frozen for most of the year.Executive Order 14365: Ensuring a National Policy Framework for Artificial Intelligence This EO targets what the administration views as burdensome and fragmented state AI regulation in favor of a single national framework.