Compliance Stuff

  The election of former President Trump has the potential to significantly change the federal procurement landscape. As with his first term, President-elect Trump will prioritize government efficiency, including plans to reduce the federal workforce and certain spending.   Government contractors could see (1) reductions in the federal workforce; (2) disruptions in the procurement process, resulting in slower procurements; (3) increased reliance on  Governmentwide Acquisition Contracts (GWACs), which may lead to fewer opportunities for small business set-asides; and (4) contracts in certain sectors—e.g., infrastructure, defense, and cybersecurity—likely remaining unaffected or presenting more opportunities, while other areas such as Education, diversity support, and a variety of other areas being cut substantially. Anticipated Federal Workforce and Spending Cuts The Trump administration’s prioritization of efficiency will likely include cuts to the federal workforce and ...

  Highlights With former President Donald Trump winning the election to be the 47th president of the United States, Americans should expect sweeping policy and regulatory changes, including in the federal procurement space. This Holland & Knight alert details several potential changes that the incoming administration may initiate based on Trump's previous administration and plans he has outlined for his next presidency. With former President Donald Trump winning election to be the 47th president of the United States, Americans should expect sweeping policy and regulatory changes, including in the federal procurement space . Based on Trump's previous administration and plans he has outlined for his next presidency, there are several potential changes that the incoming administration may initiate. Executive Orders with Immediate Effect Commonly, if the president issues an executive order that places a requirement on the government contracting community, contractors are not im...