Key takeaways

On August 15, 2025, the Office of Federal Procurement Policy (OFPP) announced major updates to the Federal Acquisition Regulation (FAR), known as the “Revolutionary FAR Overhaul” (RFO), designed to streamline procurement processes and promote efficiency within federal agencies.

The RFO now allows agencies to remove non-statutory or non-executive order requirements from future contracts, which may reduce administrative burdens and inefficiencies in the long term.

New and seasoned federal contractors should become familiar with the revised FAR structure and prepare for streamlined procurements and increasing competition in the federal marketplace.

Executive Order 14275

On April 15, 2025, President Donald Trump issued Executive Order 14275, “Restoring Common Sense to Federa

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