FAR Overhaul & Mandatory EFT Payments: Two Federal Contracting Shifts You Can’t Ignore
If you’re a federal contractor—or trying to become one—two big changes just landed on your plate: the long-awaited Federal Acquisition Regulation (FAR) Overhaul and a new mandate requiring all federal payments to move to electronic funds transfer (EFT) by September 30, 2025. Neither is optional, and both will impact how you win contracts, get paid, and keep your business in compliance.
GSA’s Procurement Power Grab: What Small Contractors Need to Know Now
Something big just happened in federal procurement—and if you’re a small business, you can’t afford to ignore it. The General Services Administration (GSA) just finalized a major expansion of its consolidated procurement authority, backed by new laws, executive orders, and upcoming changes to the Federal Acquisition Regulation (FAR). In plain English: GSA is becoming the government’s central buyer, and if you’re not on a GSA contract, your access to government work could shrink—fast.
The Rule of Two May Be on the Chopping Block—Here’s What Small Contractors Need to Know
In a June 2025 update, legal powerhouse PilieroMazza dropped a bombshell that every small federal contractor should be paying attention to: the FAR Council is weighing a rollback of the long-standing “Rule of Two.” This foundational policy requires agencies to set aside contracts for small businesses when at least two qualified firms can bid at a fair market price. If the rollback proceeds, it could dramatically reduce the number of set-aside opportunities in the federal marketplace.
Cyber Rules Are Tightening—Here’s What Small Contractors Need to Know Now
If you're a small business in federal contracting, heads up: cybersecurity and supply-chain rules are tightening fast. New executive orders, FAR/DFARS clauses, and NDAA provisions are raising the bar—and if you're not keeping up, you could find yourself shut out of major contracting opportunities in FY2025 and beyond. But here’s the good news: with the right prep, these mandates can actually give you a leg up.