Government Contracts Intelligence Briefing

On April 15, 2025, President Trump issued an executive order, Restoring Common Sense to Federal Procurement, aimed at streamlining federal procurement. The Executive Order called for reforming the Federal Acquisition Regulation (“FAR”), the regulations that form the structure of most of the $1.5 trillion the federal government spends on contracts annually.

The 2,000 page Federal Acquisition Regulation (the “FAR”) has guided and dictated federal procurement for more than forty years.  Periodically, the FAR has been updated to make procurement more efficient and simpler. The Trump administration is now undertaking its own effort with the rollout of an executive order entitled “Restoring Common Sense to Federal Procurement.”  It goes without saying that significant changes to the FAR will impact how federal contractors and their subcontractors do business with the federal government.