US government procurement rules just got a new instruction manual
What happened
The US government has updated its main rulebook for buying goods and services. This means federal agencies and their contractors will follow new instructions for how they do business.
Why it matters
The Federal Acquisition Regulation (FAR) is the master instruction manual for all US government spending. Every federal agency and every company that sells to the government must follow these rules. Small changes here can ripple through the entire economy, affecting everything from defense contracts to office supplies.
The signal
Watch for specific changes in future Federal Acquisition Circulars that alter how agencies buy specific technologies or services, or change requirements for contractors.