FARFinal Rule
Federal Acquisition Regulation: Federal Acquisition Circular 2025-05; Introduction
Finance & BankingTechnologyLabor & Workplace
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Summary
This is an update to the federal government's purchasing rules that govern how agencies buy goods and services from private companies. These rule changes affect how federal contracts are awarded and managed, which ultimately impacts which companies can bid on government work and how taxpayer money is spent on government purchases.
Key Points
- 1Updates the official handbook that federal agencies use when buying supplies, equipment, and services from contractors
- 2Affects thousands of private companies that sell products and services to the U.S. government
- 3Contains new procedures or requirements for how government agencies must evaluate and select contractors
- 4Changes may impact competition among bidders and how quickly government contracts are awarded
- 5Applies to purchases across all federal agencies including the military, health services, infrastructure, and other government operations
Key Dates
Published
August 7, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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