On July 18, 2025, the director of the Office of Management and Budget (OMB) issued Memorandum M-25-31. The Memorandum provides additional guidance on the consolidation of federal procurement activities pursuant to the...more
7/25/2025
/ Biden Administration ,
Compliance ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Federal Budget ,
Federal Contractors ,
Federal Procurement Systems ,
General Services Administration (GSA) ,
Government Agencies ,
Government Efficiency ,
OMB ,
Procurement Guidelines ,
Risk Management
On March 20, 2025, President Trump issued Executive Order No. 14240 titled “Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement” (the EO).1 While less than perfectly written, it does seem to have the...more
As part of the FY23 National Defense Authorization Act (NDAA) passed in December 2022, Congress granted the Department of Defense (DoD) new authority to modify existing fixed-price contracts to compensate defense contractors...more