This week’s episode covers a GSA proposed rule on AI and large language models, an Executive Order on post-quantum cryptography, a recent GAO decision about protest filing deadlines, and the latest in the FAR overhaul, and is hosted by Peter Eyre and Yuan Zhou. Crowell &amp; Moring’s “Fastest 5 Minutes” is a biweekly podcast that provides a brief summary of significant government contracts legal and regulatory developments that no government contracts lawyer or executive should be without.

Fastest 5 Minutes: AI, Post-Quantum Cryptography, and FAR Overhaul

Fastest 5 Minutes, The Podcast Government Contractors Can’t Do Without

Welcome to the Fastest 5 Minutes presented by Crowell & Moring LLP. We are your co-hosts for this edition, Peter Eyre and Yuan Zhou, bringing you a bi-weekly summary of significant government contracts, legal and regulatory developments that no government contracts lawyer or executive should be without.

We've got a packed episode, quite a bit to cover today. So we're going to be covering a new GSA proposed rule on AI and large language models, an executive order on post-quantum cryptography, a recent GAO decision that's really a cautionary tale on bid protest filing deadlines, and we're also going to cover the latest on the FAR overhaul.

Let's start with the FAR overhaul. Here's really the key headline. The FAR overhaul is officially moving from class deviation phase into formal rulemaking. On June 23rd, the FAR Council proposed the first tranche of proposed rules, covering 17 parts of the FAR. Everything from part one on the system itself, to parts five and six on how to publicize actions and the competition requirements.

And then we've got updates on part 40 on information security and supply chain security. So really this moves the overhaul from class deviations, which we've seen, and that's been in process for about a year, into a formal notice and comment rulemaking phase. Industry and government will have about 30 days to submit and review comments, with the comment period formally closing in mid-July.

There is a lot to get through here. It's about, you know, a thousand pages of proposed rules. In general, it seems that the proposed rules really track the class deviations, but there are some relatively minor differences, and there are a few examples where the proposed rules were carried forward from other prior publications.

Fastest 5 Minutes: AI, Post-Quantum Cryptography, and FAR Overhaul

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Fastest 5 Minutes: AI, Post-Quantum Cryptography, and FAR Overhaul

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.