Trump Signs Order to Simplify Regulations for Federal Procurement

President Donald Trump signed an executive order on Tuesday that aims to simplify and streamline regulations for the federal government’s procurement of goods and services. The order directs the Office of Federal Public Procurement Policy to amend the Federal Acquisition Regulation (FAR) within 180 days and remove provisions it deemed not “required by statute or essential to sound procurement.” Trump stated in his order that the FAR has evolved into “an excessive and overcomplicated regulatory framework,” with more than 2,000 pages of regulations, resulting in an “onerous bureaucracy” that makes it difficult to do business with the government. “Its harmful effects permeate various items paid for by American taxpayers, from commercial products like laptops and office supplies to major defense weapons systems,” the president stated....