OFFICE OF FEDERAL PROCUREMENT POLICY ISSUES PROPOSED RULE: FEDERAL ACQUISITION REGULATION: REVOLUTIONARY FEDERAL ACQUISITION REGULATION OVERHAUL PARTS 16, 17, AND 35

WASHINGTON, Sept. 18 -- Office of Federal Procurement Policy has issued a proposed rule called: Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 16, 17, and 35.

The proposed rule was published in the Federal Register on Sept. 18 by William F. Clark, Director, Office of Government-wide Acquisition Policy, Office of Acquisition Policy, Office of Government-wide Policy.

Summary: OFPP, DoD, GSA, and NASA (collectively referred to as the Federal Acquisition Regulatory Council or FAR Council) are proposing to amend the Federal Acquisition Regulation (FAR) to implement Executive Order (E.O.) 14275, Restoring Common Sense to Federal Procurement. The E.O. directs the elimination of excessive acquisition r...