The 2,000 page Federal Acquisition Regulation (the “FAR”) has guided and dictated federal procurement for more than forty years.  Periodically, the FAR has been updated to make procurement more ...

The president’s executive orders call for changes to the Federal Acquisition Regulation and an examination of agency buying ...

Three senior Trump officials explain why revamping the Federal Acquisition Regulation, and the $1 trillion in government spending it governs each year, is now a top priority.

Authorium's new AI tool was trained on 15 million government procurement documents and can generate statements of work “in ...

Approximately 49% of procurement teams piloted Gen AI use cases, while 4% reported large-scale deployment. AI-driven procurement tools delivered up to 10% improvements in productivity, quality and ...

The General Services Administration, NASA and Office of Federal Procurement Policy are working to create a leaner acquisition ...

Learn more about the two OMB memos that aim to facilitate responsible AI adoption and advance efficient AI procurement in the ...

European stocks decline sharply on Trump tariffs announcement; eurozone PMIs due By Investing.com - Apr 03, 2025 1 Investing.com - European equity indices slumped Thursday after U.S. President ...

Purchasing Power is a financing program for employees of participating companies and organizations. It gives customers flexible purchasing options for various products and services by deducting ...

private purchasing managers index data showed on Thursday, as local demand and business activity benefited from Beijing’s... China factory activity beats forecasts, hits 4-mth high in March ...