News & Analysis as of

Regulatory Reform Contract Terms Office of Management and Budget

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

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

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