Search Results for keywords:"Federal procurement"

Found 2 results

Search Results: keywords:"Federal procurement"

View All
Oldest Newest
  • 2025-06839 — Restoring Common Sense to Federal Procurement
    💰
    Type:Presidential Document
    Citation:90 FR 16447
    Reading Time:about 5 minutes

    The Executive Order titled "Restoring Common Sense to Federal Procurement" aims to simplify and streamline the Federal Acquisition Regulation (FAR), the set of rules governing how the Federal Government buys goods and services. The President has directed that within 180 days, agencies should revise the FAR to remove unnecessary rules, making it more effective and efficient. The goal is to create a procurement system that is less bureaucratic and more aligned with the national interest. Any provisions in the FAR that are not required by law and do not enhance the system's functioning may be eliminated or set to expire within four years unless reviewed and renewed.

    Simple Explanation

    The President has made a new rule that aims to make it easier for the government to buy things it needs, like toys and tools, by removing old and unnecessary rules and making it simpler and quicker. This means they are cleaning up the rulebook to ensure buying things is fair and smart for everyone and double-checking every few years to keep things in good shape.

  • 2025-05197 — Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement
    💰
    Type:Presidential Document
    Citation:90 FR 13671
    Reading Time:about 3 minutes

    In Executive Order 14240, President of the United States directs changes to Federal procurement practices to save money and reduce waste. The order consolidates procurement of common goods and services under the General Services Administration (GSA), allowing other agencies to focus more on their core missions. The plan involves agency heads working with the GSA and the Office of Management and Budget (OMB) to streamline how goods and services are purchased across the government. The goal is to make federal procurement more efficient and cost-effective for taxpayers.

    Simple Explanation

    The President wants to make buying things for the government like paper and pencils more organized and less expensive, so he asked one main group, the GSA, to handle most of the shopping. This way, other groups can focus on their main jobs, and everyone hopes this will save money and reduce waste.