FAR Council Issues Final Rule Raising Acquisition Thresholds for Inflation - On August 27, 2025, the Federal Acquisition Regulatory (FAR) Council published a final rule adjusting numerous acquisition-related thresholds...more
On August 15, the White House Office of Management and Budget’s (OMB) Office of Federal Procurement Policy (OFPP) announced agencies may “immediately begin eliminating one-third of requirements from their future contracts...more