Holland & Knight – On February 26, 2025, the Trump Administration issued an executive order implementing the U.S. Department of Government Efficiency’s (DOGE) “cost efficiency initiative.” This initiative aims to transform federal spending on contracts, grants, and loans by mandating federal agencies to implement new mechanisms for recording, justifying, and approving payments.
Reforming the Federal Contracts and Grants System
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Executive Order on DOGE Cost Efficiency: Major Changes in Federal Contracts and Grants
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