Government Updates Its Massive Buying Rulebook for Contractors
Published Date: 3/13/2026
Rule
Summary
The government just updated its big rulebook for buying stuff, called the Federal Acquisition Regulation (FAR). These changes affect businesses that want to sell to the government, especially small companies, by adjusting trade agreement rules and making it easier to follow the rules. The new rules kick in soon, so sellers should get ready to save time and maybe money!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
Trade Agreement Coverage Thresholds Changed
The FAR rule changes the thresholds for when the World Trade Organization Government Procurement Agreement (GPA) and U.S. Free Trade Agreements apply. The United States Trade Representative will determine those thresholds using the formulae in the agreements; these changes are part of Federal Acquisition Circular 2026-01 and are effective March 13, 2026.
Small Entity Compliance Guide Published
A Small Entity Compliance Guide (SECG) that accompanies FAC 2026-01 is published elsewhere in the Rules section of this issue of the Federal Register. The SECG is part of the FAC 2026-01 package and, unless otherwise specified, is effective March 13, 2026.
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Key Dates
Department and Agencies
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