Biden Reforms Federal Procurement to Boost Efficiency
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President Biden issued an executive order to reform the Federal Acquisition Regulation (FAR), aiming to streamline the overly complex and inefficient federal procurement system. The FAR, currently over 2000 pages, is criticized for hindering efficient government operations. The order directs the Administrator of the Office of Federal Public Procurement Policy to amend the FAR within 180 days, focusing on removing unnecessary regulations and improving efficiency. Agencies must also align with these reforms, with a goal of creating a more agile and effective procurement process.
President Biden issued an executive order to reform the Federal Acquisition Regulation (FAR), aiming to streamline the overly complex and inefficient federal procurement system. The FAR, currently over 2000 pages, is criticized for hindering efficient government operations. The order directs the Administrator of the Office of Federal Public Procurement Policy to amend the FAR within 180 days, focusing on removing unnecessary regulations and improving efficiency. Agencies must also align with these reforms, with a goal of creating a more agile and effective procurement process.
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