Description:

This session examines the evolving role of socioeconomic policy under the Revolutionary FAR Overhaul (RFO), beginning with FAR Part 19 and its impact on small business programs and acquisition strategy. Participants will explore how the overhaul influences the integration of socioeconomic considerations into acquisition planning and execution, while reinforcing the importance of balancing policy goals with efficient procurement outcomes.

The session then expands into related areas that shape how socioeconomic requirements are applied in practice. Participants will take a closer look at FAR Part 22 and its role in implementing labor laws within federal contracting, including how compliance requirements intersect with streamlined acquisition processes. FAR Part 26 is also explored to highlight additional socioeconomic programs and how they contribute to broader policy objectives across the acquisition lifecycle.

Throughout the session, the focus remains on practical application, specifically, how contracting professionals can incorporate socioeconomic considerations without introducing unnecessary complexity or delay. Emphasis is placed on aligning policy execution with the RFO’s core themes of usability, proportionality, and informed discretion.

For practitioners, this session provides a high-level roadmap for understanding how socioeconomic requirements continue to evolve under the FAR Overhaul, and how to apply them effectively in real-world acquisition scenarios.

Who Should Attend This Session:

Contracting officers, contract specialists, acquisition planners, program managers, and other federal acquisition professionals who manage or oversee task order contracts, schedule orders, or IDIQ/BPA vehicles.

Prerequisites:

Working knowledge of the FAR, familiarity with government supply schedules, and understanding of basic acquisition planning concepts.

What You'll Learn:

• Understand how FAR Part 19 influences acquisition strategy and small business participation under the RFO
  
• Apply socioeconomic considerations in a way that aligns with streamlined, outcome-focused acquisition practices
  
• Navigate labor law requirements under Part 22 without introducing unnecessary process complexity
  
• Recognize the role of additional socioeconomic programs under Part 26 and how they impact acquisitions
  
• Balance compliance with efficiency by integrating policy requirements into acquisition planning and execution
  
• Leverage RFO principles to support both mission outcomes and socioeconomic objective

Credits: 1.5 CPE/CLP credits for participation

Cost: $55 Members/$69 Non-members

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