GSA Initiates Rulemaking for FAR Overhaul to Streamline Federal Procurement
The General Services Administration (GSA) is advancing its efforts to overhaul the Federal Acquisition Regulation (FAR), following a delay due to a government shutdown. The initiative, which began after President Trump signed an executive order, aims to simplify and modernize federal procurement processes. Jeff Koses, GSA’s senior procurement executive, announced the completion of phase one, which involved removing 486 pages of the FAR and eliminating 2,724 mandatory statements. The next phase will involve formal rulemaking to codify these changes, with proposed rules expected over the next four months. The overhaul seeks to reduce regulation, costs, and administrative burdens while promoting commercial solutions and fixed-price contracts.