WHAT: The Office of Management and Budget (OMB)
recently submitted to Congress 16 proposed changes to procurement
laws in support of the "Revolutionary FAR Overhaul"
effort, which Wiley has been chronicling here. These proposed changes, which must be
adopted by Congress and signed into law by the President to become
effective, could result in significant revisions to the Federal
Acquisition Regulation (FAR) and acquisition processes and
procedures throughout the Government.
WHEN: The U.S. General Services Administration
(GSA) publicly announced the legislative proposals, which are
posted on the GSA website, on July 16, 2025.
WHAT IT MEANS FOR INDUSTRY: If enacted,
OMB's proposed changes, among other things, would allow
agencies to use streamlined acquisition processes for significantly
larger procurements, eliminate certain contractor compliance
obligations, expand agencies' authorities to use methods other
than traditional procurement contracts to acquire new
