Convert the Federal Acquisition Regulation from rigid rules to guiding principles. By July 1994, the Director, Office of Management and Budget (OMB), in consultation with the FAR Council, agency procurement professionals, line managers, and industry, should develop a plan that includes goals, resources, and milestones to: -- rewrite the FAR and its supplements to move it from a system of rigid rules to guiding principles. -- promote decisionmaking at the lowest level possible; -- eliminate unnecessary regulatory requirements; -- facilitate innovative contracting; -- recommend acquisition methods that reflect the short technological life cycle of information technology (IT) and the need to put uptodate IT tools in the hands of IT and line managers; -- determine the most effective administrative structure for setting governmentwide policy through guidelines in a timely manner; and -- develop a process for obtaining input from those affected by procurement policies. The plan should be submitted to the chair of the President's Management Council.
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