News & Analysis as of

Regulatory Requirements Office of Management and Budget Federal Acquisition Regulations (FAR)

Sheppard Mullin Richter & Hampton LLP

All American AI: New OMB Memos Set Priorities for Federal AI Use and Acquisition

On April 3, 2025, OMB released two new memorandums on artificial intelligence (“AI”) as directed by Executive Order 14179, Removing Barriers to American Leadership in Artificial Intelligence. (As a reminder, President Trump...more

PilieroMazza PLLC

OMB Issues Memoranda on Use and Acquisition of AI by Federal Agencies, Part 1: What It Means for Government Contractors

PilieroMazza PLLC on

On April 3, 2025, the Office of Management and Budget (OMB) issued two memoranda addressing the accelerated use and efficient acquisition of Artificial Intelligence (AI) by federal agencies: M-25-21 and M-25-22. The memos...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

Akin Gump Strauss Hauer & Feld LLP

Trump Administration Seeks to Streamline Federal Procurement

Between April 9 and April 16, President Trump issued three executive orders (EOs) calling for reforms to the federal procurement system. The April 9 EO, “Modernizing Defense Acquisitions and Spurring Innovation in the Defense...more

Morrison & Foerster LLP - Government...

FAR Reform Now Underway

The current administration’s efforts to reform the Federal Acquisition Regulation (FAR) are now officially underway. On April 15, 2025, in an Executive Order titled Restoring Common Sense to Federal Procurement (EO or...more

Bass, Berry & Sims PLC

White House Announces “Revolutionary FAR Overhaul”: What to Know

Bass, Berry & Sims PLC on

Through a duo of Executive Orders (EOs), issued on April 15 and 16 respectively, President Trump announced “a first-of-its-kind overhaul of Federal procurement policy.” The rewrite represents a once-in-a-generation...more

Cohen Seglias Pallas Greenhall & Furman PC

Revolutionary Changes Ahead: Understanding the Overhaul of Federal Procurement Regulations

The Trump administration recently announced three significant initiatives to reshape the federal procurement landscape. These include three new executive orders aimed at modernizing defense acquisitions, reforming foreign...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

Morgan Lewis

Executive Order Directs Major Reform to Federal Contracting Regulations

Morgan Lewis on

The US administration on April 15, 2025 issued an executive order that directs prompt and substantial reforms to the Federal Acquisition Regulation (FAR). The order, titled Restoring Common Sense to Federal Procurement,...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

Perkins Coie

White House Unveils Updated AI Guidelines for Federal Agencies

Perkins Coie on

Key Takeaways - - The White House's Office of Management and Budget (OMB) has issued two new memorandums, which establish new federal policies for the use and acquisition of artificial intelligence (AI) by the federal...more

Schwabe, Williamson & Wyatt PC

Federal Contractors Take Note: What Trump’s Procurement Reforms Mean for You

On April 15, President Trump issued two new executive orders that will have a direct impact on federal contractors: - Restoring Common Sense To Federal Procurement directs federal agencies to eliminate from the FAR any...more

Akin Gump Strauss Hauer & Feld LLP

Restoring Common Sense to Federal Procurement (Trump EO Tracker)

Reform the Federal Acquisition Regulation (FAR) to remove undue barriers, such as unnecessary regulations, while simultaneously allowing for the expansion of the national and defense industrial bases. Accordingly, the FAR...more

DLA Piper

White House Releases Guidance for AI Acquisition and Use in Government

DLA Piper on

New guidance emphasizes risk-based governance, requires “impact assessments” - On April 7, 2025, the White House Office of Management and Budget (OMB) released two memoranda, outlining its latest guidance for federal...more

Wiley Rein LLP

“Modernizing Defense Acquisition” EO Directs “Comprehensive Overhaul” of DOD Acquisition System

Wiley Rein LLP on

WHAT: The Trump Administration issued an Executive Order (EO) to kick off a “comprehensive overhaul” of the U.S. Department of Defense (DOD) acquisition system, aiming to “rapidly reform” acquisition processes with an...more

Husch Blackwell LLP

Understanding the Implications of the Temporary Pause on Federal Financial Assistance

Husch Blackwell LLP on

OMB Memorandum (M-25-13) advises federal agencies that they must temporarily pause all activities and disbursements of federal financial assistance that may be implicated by any of President Trump’s recent Executive Orders at...more

Robinson+Cole Construction Law Zone

More Funding Brings More Bureaucracy to Federal Projects

On November 15, 2021, President Biden signed into law the Infrastructure Investment and Jobs Act (IIJA) (Public Law 117-58).  The IIJA includes the Build America, Buy America Act which declares that “none of the funds made...more

Seyfarth Shaw LLP

What’s the Status of Buy American Requirements for Public Infrastructure Projects?

Seyfarth Shaw LLP on

More than a year has passed since Congress enacted the Build America, Buy America Act (“BABA”)—a sweeping change to domestic sourcing requirements for federally funded infrastructure projects. BABA, which was included as part...more

Venable LLP

Congressional, Executive, and Legal Developments for Government Contractors to Consider - February 2023

Venable LLP on

In January, the OMB implemented the following new policies designed to strengthen the federal contracting system. On January 10, 2023, the OMB issued a memorandum on the subject of Strengthening Support for Federal...more

19 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide