We recently wrote about the Trump administration’s efforts to streamline the Federal Acquisition Regulation (“FAR”). The FAR contains approximately 2,000 pages of regulations that guide hundreds of billions of dollars in acquisitions each year. Some clauses in the FAR are mandated by a statute while others have been adopted over time to fix a problem, institute an Executive Order or because regulators thought it would be a best practice. As detailed in a recent blog, the administration’s current effort is aimed at confining the FAR to provisions mandated by statute “or essential to sound procurement.”
The FAR Council, in coordination with the Office of Management and Budget, is expected to release revisions of each FAR Part as proposals, but effectively require agencies to issue class dev