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News/OMB Proposes Procurement Law Changes to Support “Revolutionary FAR Overhaul”
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OMB Proposes Procurement Law Changes to Support “Revolutionary FAR Overhaul”

Wiley – 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. 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.

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