Obama’s Regulatory Reform And Gov't Contractors

Law360, New York (February 3, 2011, 12:18 PM EST) -- Government contractors are intimately familiar with the challenges of navigating restrictions and obligations imposed by government regulators. Not only must these companies comply with regulations imposed generally on businesses, they also must follow numerous procurement-specific regulations contained in the Federal Acquisition Regulation  — a uniform set of policies and procedures for federal government procurements — and oftentimes one or more FAR agency supplements.

The FAR and its supplements span thousands of pages and attempt to capture every possible type of government procurement. They govern everything from...
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