Trump administration releases first wave of acquisition regulation changes

The Trump administration is moving quick on its promise to conduct a massive overhaul of the Federal Acquisition Regulation, a project being called Revolutionary FAR Overhaul.

FAR is the subject of one of two executive orders President Trump signed in mid-April to reform how the federal government buys goods and services.

In documents released Friday, the administration is proposing the elimination of significant portions of the FAR. What would remain are only those provisions required by law or are “essential to sound procurement.”

Read more at Nextgov/FCW