575 – The Overhaul of FAR Part 16

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As the FAR overhaul moves forward, FAR Part 16 stands out as one of the most important updates for government contracting professionals. Every contract starts with a contract type decision, making Part 16 a key part of the acquisition process. In this episode, Kevin and Paul explain the major changes, why they matter, and what they mean for contracting officers, program teams, and contractors.

We’ll cover the stronger push toward fixed-price contracts, the added review required for other contract types, and the increased focus on professional judgment. We’ll also discuss how the new FAR Part 16 goes beyond contract types and supports the broader goals of the FAR overhaul: simpler rules, greater flexibility, and better mission results. If you want to understand how these changes could affect acquisition strategy, contract execution, and future opportunities, this episode is one you won’t want to miss.