Acquisition.gov FAR News

Federal Acquisition Circular 2026-01 Published

The General Services Administration published Federal Acquisition Circular (FAC) 2026-01 on March 13, 2026. This FAC includes a final rule amending Trade Agreements Thresholds, effective the same date. Federal agencies and contractors should review the updated thresholds.

FAR Overhaul Updated for Trade Agreements Thresholds Rule

The General Services Administration (GSA) has updated the FAR Overhaul model deviation text to align with the final rule on Trade Agreements Thresholds, effective March 13, 2026. These updates affect several parts of the FAR, including those related to publicizing contract actions and foreign acquisition.

FAR Overhaul: New Model Deviation Text Released

The Federal Acquisition Regulatory Council has released new model deviation text for Parts 22, 23, 32, and 53 of the Federal Acquisition Regulation (FAR) as part of the FAR Overhaul Initiative. This update aims to simplify and clarify procurement regulations.

FAR Companion Version 2.0 Released

The Federal Acquisition Regulatory Council has released Version 2.0 of the FAR Companion Guide as part of the Revolutionary FAR Overhaul Initiative. This update includes initial releases for numerous FAR parts and revisions to existing content, incorporating inflation adjustments and clarifications on procurement practices.

FAR Overhaul Community Crowdsourcing Campaign Feedback

The Office of Federal Procurement Policy (OFPP) has launched a crowdsourcing campaign to gather feedback for the next phase of the Federal Acquisition Regulation (FAR) Overhaul initiative. Stakeholders are invited to submit suggestions on practices agencies should start, stop, or refine.

FAR Council Updates Model Deviation Text for Parts 2 and 52

The Federal Acquisition Regulatory Council has released updated model deviation text for Parts 2 (Definitions) and 52 (Solicitation Provisions and Contract Clauses) of the FAR. These updates are part of the Revolutionary FAR Overhaul (RFO) Initiative and aim to simplify and clarify the regulation.

FAR Updates: eSRS Decommissioning and SAM.gov Reporting

The Federal Acquisition Regulation (FAR) has been amended to align with the decommissioning of the Electronic Subcontracting Reporting System (eSRS.gov) on February 20, 2026. Subcontracting reporting will now be consolidated into SAM.gov as part of a broader federal acquisition system modernization effort. This change impacts federal agencies and contractors involved in subcontracting.