News & Analysis as of

Office of Management and Budget New Regulations Regulatory Reform

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

Schwabe, Williamson & Wyatt PC

Executive Order Sparks FAR Overhaul: Key Changes for Contractors

The United States General Services Administration (“GSA”) has launched a “Revolutionary FAR Overhaul” webpage, at https://www.acquisition.gov/far-overhaul (the “FAR Overhaul”), to provide guidance as federal agencies...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

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

Stinson - Corporate & Securities Law Blog

Trump’s 2 for 1 Regulatory Reduction Challenged in Court

President Donald Trump’s Executive Order requiring two regulations be repealed for every new one adopted and related OMB guidance have been challenged in a law suit commenced in the U.S. District Court for the District of...more

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