News & Analysis as of

Office of Management and Budget New Regulations Federal Contractors

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

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.

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

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

Health Care Compliance Association (HCCA)

‘Waking Up With Panic Attacks’: NIH 15% Plan Caps Tumultuous Weeks Under New Administration

If NIH succeeds in imposing an across-the-board indirect cost rate of 15%, rough estimates indicate the University of Michigan could lose $119 million a year. Emory University could be down $75 million. For the University of...more

Proskauer - Government Contractor Compliance...

OFCCP Submits New Veterans and Disability Regulations to OMB

On July 31st, the long-awaited proposed regulations of the Office of Federal Contract Compliance Programs (“OFCCP”) addressing federal contractors’ affirmative action and nondiscrimination obligations for both individuals...more

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