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Restoring Common Sense to Federal Procurement

1. Purpose

This Executive Order aims to reform the Federal Acquisition Regulation (FAR) by eliminating inefficiencies and reducing unnecessary regulatory burdens to create a more agile and effective federal procurement system.

2. Key Actions And Directives
  • Amend the FAR:  The Administrator must amend the FAR within 180 days of the order.
  • Designate senior officials:  Agencies must assign a senior acquisition official to collaborate with the Administrator and provide recommendations for agency-specific regulations.
  • Review non-statutory provisions:  Provisions not required by statute will expire four years after the final rule unless renewed by the FAR Council.
  • Implement the ten-for-one requirement:  For each new regulation proposed, ten existing regulations must be eliminated.
3. Important Points
  • Regulatory Burden Identification:  The FAR has been identified as a barrier to efficient procurement, characterized by an overcomplicated regulatory framework.
  • Statutory Compliance:  Section 4 of the Executive Order mandates that only provisions required by statute be included in the FAR.
  • Restrictions on Enforcement:  The Executive Order does not create enforceable rights or benefits against the U.S. or its agencies.
  • Study Reference:  The 2024 Senate committee report 'Restoring Freedom's Forge' highlighted significant inefficiencies in the FAR prior to this reform initiative.

Disclaimer: ExecBrief's are AI generated, Please verify with the original source to confirm

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