News & Analysis as of

Office of Management and Budget Contract Terms

Cohen Seglias Pallas Greenhall & Furman PC

The Revolutionary FAR Overhaul: What Federal Contractors Need to Know

On April 15, 2025, President Trump issued Executive Order 14275 and directed wide-sweeping revisions to the Federal Acquisition Regulation (FAR) to make the federal procurement process more efficient. As discussed in our...more

McGuireWoods LLP

Executive Order Initiates Commercial Focus in Federal Procurement Reform

McGuireWoods LLP on

On April 16, 2025, the Trump Administration issued an Executive Order titled “Ensuring Commercial, Cost-Effective Solutions in Federal Contracts,” which establishes the Administration’s policy of procuring “commercially ...more

Vinson & Elkins LLP

Trump Executive Orders: Key Developments for Government Contractors

Vinson & Elkins LLP on

Change and uncertainty are among the words that come to mind when describing the government contracting industry in the early days of President Donald Trump’s second administration. Since taking office for the second time on...more

Fox Rothschild LLP

Update: FAR 2.0 Rollout Underway

Fox Rothschild LLP on

In what is sure to be an on-going series, we have the latest update regarding the FAR 2.0 rollout. Releasing the First Rollout- On May 2, 2025, the FAR Council released substantive rewrites of FAR Parts 1 (Federal...more

PilieroMazza PLLC

OMB Issues Memoranda on Use and Acquisition of AI by Federal Agencies, Part 2: What It Means for Government Contractors

PilieroMazza PLLC on

In Part 2 of this series, we look at OMB Memorandum M-25-22, which addresses the procurement of AI by federal agencies. As noted in Part 1, the memos implement Executive Order 14179, “Removing Barriers to American Leadership...more

Miles & Stockbridge P.C.

New Executive Order Calls for Maximizing Cost-Effective Commercial Solutions in Government Contracting

In a few short weeks, President Donald Trump has issued several executive orders (EOs) that, once implemented, will significantly alter federal procurement. We previously reviewed the EO directing the modernization of defense...more

Morrison & Foerster LLP - Government...

FAR Reform Now Underway

The current administration’s efforts to reform the Federal Acquisition Regulation (FAR) are now officially underway. On April 15, 2025, in an Executive Order titled Restoring Common Sense to Federal Procurement (EO or...more

Bass, Berry & Sims PLC

White House Announces “Revolutionary FAR Overhaul”: What to Know

Bass, Berry & Sims PLC on

Through a duo of Executive Orders (EOs), issued on April 15 and 16 respectively, President Trump announced “a first-of-its-kind overhaul of Federal procurement policy.” The rewrite represents a once-in-a-generation...more

Jenner & Block

Client Alert: FAR 2.0: Executive Order Aims to Rewrite the Federal Acquisition Regulation

Jenner & Block on

On April 15, 2025, the Trump Administration issued executive order “Restoring Common Sense to Federal Procurement,” (the EO), which aims to overhaul the Federal Acquisition Regulation (FAR) “to create the most agile,...more

Woods Rogers

President Orders Sweeping FAR Revisions

Woods Rogers on

On April 15, 2025, President Trump issued a highly anticipated Executive Order (EO) calling for the abrupt and drastic reduction of the Federal Acquisition Regulation (FAR). The EO gives the Office of Federal Procurement...more

Schwabe, Williamson & Wyatt PC

Federal Contractors Take Note: What Trump’s Procurement Reforms Mean for You

On April 15, President Trump issued two new executive orders that will have a direct impact on federal contractors: - Restoring Common Sense To Federal Procurement directs federal agencies to eliminate from the FAR any...more

Wiley Rein LLP

A Looming Government Shutdown Is Hours Away: A Reminder of What Contractors Need to Know

Wiley Rein LLP on

WHAT: The odds of a federal government shutdown occurring have increased substantially after a gridlocked Congress, spurred by the incoming Administration, has been unable to reach an agreement on a continuing resolution, and...more

Holland & Knight LLP

Federal Real Estate in a Turbulent Market, Part I: When the Government Leaves Early

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The commercial real estate market in the United States is undergoing a profound shift as building vacancy increases in most major markets and as trillions of dollars of financing are coming due in 2024....more

Morrison & Foerster LLP - Government...

Executive Order 14042: Return Of The Patchwork Preliminary Injunctions

On October 14, 2022, the Safer Federal Workforce Task Force (“Task Force”) published yet another update for Federal contractors regarding the Federal Government’s approach to enforcing Executive Order 14042 (“EO 14042”) in...more

Smith Anderson

OMB Pauses Enforcement of Federal Contractor Vaccine Mandate In Light of Court Injunctions

Smith Anderson on

On December 9, 2021, the Office of Management and Budget issued updated guidance to address the nationwide injunction that currently bars, on a preliminary basis, enforcement of the federal vaccine mandate. For federal...more

Holland & Knight LLP

Court Issues Nationwide Injunction Halting Federal Landlord Vaccine Mandate

Holland & Knight LLP on

U.S. District Court Judge R. Stan Baker of the Southern District of Georgia on Dec. 7, 2021, issued a preliminary injunction, halting the government's enforcement of the vaccine mandate on all federal landlords and their...more

Foley & Lardner LLP

Potential Government Shutdown Friday: Are You Prepared?

Foley & Lardner LLP on

While Congress reached a last-minute deal for a continuing resolution on September 30, averting a government funding lapse, commonly known as a “shutdown,” it now appears that Congress may not reach another such deal by...more

Pillsbury Winthrop Shaw Pittman LLP

Up-to-the-Moment Status of COVID-19 Guidance on Contract Performance Impacts

As government contractors scramble to tackle contract performance changes and disruptions proximately caused by COVID-19, guidance suggests that federal agencies may act equitably. Federal procurement agencies seem inclined...more

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