The Revolutionary FAR Overhaul (RFO) marks the most sweeping rewrite of the Federal Acquisition Regulations in over four decades. As a result, contractors and subcontractors are navigating the intensified focus on domestic sourcing requirements, multi-tiered sourcing provisions and the heightened risk of stop-work orders, contract terminations and settlement processes. However, with change comes opportunity.
As the DoD moves to modernise, accelerate awards, streamline regulations and implement preferences for commercial items, the defence industrial base is poised for transformation!