GSAFinal Rule
Acquisition Regulation: Office of Management and Budget Approval Table
OtherFinance & BankingTechnology
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Summary
This regulation updates the approval process that the General Services Administration (GSA) must follow when making purchasing decisions for the federal government. The changes clarify which government purchases need approval from the Office of Management and Budget before they can move forward, affecting how efficiently federal agencies can buy goods and services.
Key Points
- 1Establishes a clear table showing which types of federal purchases require approval from the Office of Management and Budget (OMB) before proceeding
- 2Helps federal agencies understand the approval requirements faster, potentially speeding up the government's ability to buy needed items and services
- 3Affects GSA procurement processes, which impact how all federal agencies acquire everything from office supplies to major contracts
- 4Reduces confusion about approval requirements by creating standardized rules that apply across the federal government
- 5Takes effect after publication, changing how GSA handles acquisitions going forward
Impact Assessment
If you are a Small Business selling to the federal government, this means the approval process for your contracts may be clearer and potentially faster, depending on the purchase amount.
Impact Level
Routine
Geographic Scope
National
Compliance Cost
Minimal
Who is Affected
Small BusinessesManufacturersTechnology CompaniesFederal Employees
Key Dates
Published
April 9, 2025
Regulatory Connections
Amends CFR Sections
41 CFR Part 101
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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