The rules that govern how U.S. federal agencies procure goods and services received its first significant reform in over four decades.

In a move which White House officials say will streamline buying procedures and open the door for more small businesses to compete for government contracts, the Trump administration will work to eliminate one-third of requirements from future contracts that aren’t mandated by law.

“The old rules were built for paperwork; the new rules are built for performance. With each deviation, we’re clearing out red tape and making space for better value, timely delivery, and more robust competition,” Kevin Rhodes, senior advisor to OMB Director Russell Vought, said in an Aug. 15 White House briefing. “This will open the door for increased participation by innovative small business manufacturers, new entrants, and others who have not traditionally been willing or able to work with our agencies.”

The Office of Federal Procurement Policy’s action to update the Federal Acquisition Regulation will consolidate and eliminate certain requirements, such as paper-based pricing lists and duplicative contract approvals, and centralize information and supply chain security polices into a single part of the regulation to make them easier to find for contractors.

Read more about the FAR reform, and find three resources for helping businesses secure government contracts, on acquisition.gov.

President Trump issued the executive orders to reshape federal procurement procedures in April.