News & Analysis as of

New Regulations Federal Acquisition Regulations (FAR) Regulatory Requirements

Wiley Rein LLP

GSA Announces Expansion of “Transactional Data Reporting” Program, Reducing Compliance Obligations for GSA Schedule Contractors

Wiley Rein LLP on

WHAT: The U.S. General Services Administration (GSA) recently announced its planned expansion of the Transactional Data Reporting (TDR) program, which will make TDR mandatory for GSA Schedule contractors whose contracts...more

Schwabe, Williamson & Wyatt PC

FAR Council Releases Modifications to Three Sections

The FAR Council is undertaking a systematic approach to revising the FARs. On Friday, June 13, 2025, it released its revisions to FAR Part 18 – Emergency Acquisitions, FAR Part 39 – Acquisition of Information and...more

Fox Rothschild LLP

Update: Latest FAR 2.0 Revision Released

Fox Rothschild LLP on

On May 22, 2025, the Trump Administration unveiled the next installment of the revised Federal Acquisition Regulation (FAR) as part of the “Revolutionary FAR Overhaul” (RFO). The latest release set its sights on FAR Part 10...more

Morrison & Foerster LLP - Government...

Ongoing FAR Overhaul: Market Research and the New FAR Part 10

The latest part of the Federal Acquisition Regulation (FAR) to undergo a rewrite is FAR Part 10, which addresses market research for acquisitions. The General Services Administration has already adopted the new Part 10 via...more

Miles & Stockbridge P.C.

Executive Order Aims to ‘Restore Common Sense’ in Procurement by Reforming the Federal Acquisition Regulation

Yogi Berra once said, “The future ain’t what it used to be.” Those who have spent a career in federal procurement have seen many cycles of well-intentioned procurement reform instead create a system that is more complex,...more

Fox Rothschild LLP

The Push Towards FAR 2.0 – Interpreting the Most Recent Trump Executive Orders

Fox Rothschild LLP on

The federal procurement landscape continues to shift and transform. Two recent executive orders push the government contracting community further towards the plan for a comprehensive update of the Federal Acquisition...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

McGuireWoods LLP

Restoring Common Sense to Federal Procurement – The White House

McGuireWoods LLP on

As both chambers of Congress worked to pass their versions of the budget resolution, tax writers on the House Ways and Means Committee and Senate Finance Committee, along with their respective leadership, had to decide...more

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