Create an executive working group to review the FAR and propose commonsense revisions for legislation in order to streamline the acquisition process. Instead of a layering of requirements established by different bills and trade agreements, you could create more streamlined/flexible rules that still meets the intent of previous legislation. Cost savings can be found in several ways: (1) contracts become easier to award/administer, reducing gov't overhead costs; (2) simpler regulations should be more enforceable reducing contract disputes and litigation; (3) simpler regulations reduce the uncertainty/risk to contractors which should lead to lower cost proposals/bids and increased competition (as many contractors don't have the FAR knowledge to bid on gov't contracts in the first place). Bottom line, the FAR is a big, scary document for those who aren’t trained in it; it seems we can accomplish the same results using a more straight-forward set of rules.
Idea No. 16621