PULSE POINTS:❓What Happened: President Donald J. Trump announced significant changes to the Federal procurement policy to enhance competition, efficiency, and cost-effectiveness. The existing Federal Acquisition Regulations (FAR) will be revamped through a comprehensive review by the Office of Federal Procurement Policy.👥 Who’s Involved: President Trump, the Office of Federal Procurement Policy, the Federal Acquisition Regulations … Continue reading White House Unveils Major Overhaul of Federal Procurement System.