Executive Order Directs Major Reform to Federal Contracting Regulations
By EsqSocial Corporation 18/04/25
The US administration on April 15, 2025 issued an executive order that directs prompt and substantial reforms to the Federal Acquisition Regulation (FAR). The order, titled Restoring Common Sense to Federal Procurement, instructs the Office of Federal Procurement Policy administrator (OFPP Administrator) and the FAR Council to work together with the heads of agencies and senior procurement officials to review the FAR and rescind provisions that are not required by statute or otherwise necessary...
By: Morgan Lewis