Last week, GSA hosted a webinar to engage more than 5,500 industry stakeholders on the major initiative to overhaul the Federal Acquisition Regulation (FAR). Senior officials discussed Executive Orders 14240 and 14275, highlighting efforts to consolidate contracting, streamline federal procurement, eliminate unnecessary regulations, and enhance value for taxpayers. The webinar slides are attached below.
From Robert’s cover email – The FAR overhaul initiative represents the most significant regulatory shift in decades. GSA’s move from prescriptive requirements to streamlined minimum standards accelerates procurement timelines but eliminates the predictable market research triggers many contractors rely on for competitive intelligence. Companies that built advantages around navigating complex regulations need to quickly reassess their business development processes. The webinar slides are attached below.
