Key Takeaways:
The “Revolutionary FAR Overhaul” (RFO) represents the first major update to the Federal Acquisition Regulations (FAR) in four decades, intended to modernize the regulation by simplifying its language and...more
On April 7, 2025, the Defense Contract Audit Agency (DCAA) announced a comprehensive reorganization plan aimed at consolidating its Region and Corporate Audit Directorates (CAD) into three primary Directorates in response to...more
4/18/2025
/ Audits ,
Defense Contracts ,
Defense Sector ,
Department of Defense (DOD) ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Financial Services Industry ,
Government Agencies ,
New Regulations ,
Reorganizations ,
Risk Management
On March 20, 2025, President Trump issued an Executive Order (the “Order”) targeted at consolidating domestic government procurement processes. Titled “Eliminating Waste and Saving Taxpayer Dollars by Consolidating...more
On March 27, 2025, the United States Department of Health and Human Services (HHS) announced a “dramatic restructuring” that will result in a reduction in agency workforce combined with significant internal restructuring. The...more