By Associated Builders and Contractors
On April 15, President Donald Trump signed Executive Order 14275, Restoring Common Sense to Federal Procurement, directing significant revisions to the Federal Acquisition Regulations System with the goal of simplifying and streamlining federal procurement. The White House released an accompanying fact sheet and press release with the order.
The order directs the Office of Federal Procurement Policy within the Office of Management and Budget to amend the FAR to remove provisions that are not required by law and deemed unnecessary to support simplicity and usability in federal procurement or protect economic and national security interests.
This process, referred to as the Revolutionary FAR Overhaul, will be completed within six months. The OFPP will coordinate with the FAR Council to implement the RFO.
Additionally, the order directs all agencies with supplemental procurement regulations to work with the OFPP and FAR Council to ensure their rules are aligned with the RFO’s changes.
Lastly, the order directs the OFPP and FAR Council to consider adding regulatory sunset provisions to nonstatutory FAR rules, directing that these rules will expire four years after issuance unless renewed by the FAR Council. (Source)