Revolutionary Changes Ahead: Understanding the Overhaul of Federal Procurement Regulations

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 defense sales, and—perhaps most consequential—restoring common sense to federal procurement practices. Modernizing Defense Acquisitions and Spurring Innovation in the Defense Industrial Base (April 9, 2025) Reforming Foreign D…

Breaking: EO Mandates “FAR 2.0” & Deep Dive Into Federal Procurement Efficiency - SmallGovCon

Yesterday, the new administration issued a new Executive Order (EO) officially requiring a reformation of the Federal Acquisition Regulations (FAR) and a thorough review of the federal procurement system in general. Along with related EOs, they direct the Office of Federal Public Procurement Policy (OFPP), the FAR Council, and the heads of and “senior acquisition and procurement officials” from our federal agencies to create the “FAR 2.0”–as it …