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The phrase "as presently formulated" is correct and usable in written English.
It can be used to refer to the current wording or structure of a statement, proposal, or document.
Example: "The proposal, as presently formulated, does not address the concerns raised by the stakeholders."
Alternatives: "as currently stated" or "in its current form".
Exact(1)
Conservativism, as presently formulated, is unworkable in the UK because it continues to demand that citizens from so many different backgrounds and cultures identify with a society organised in ways that are outrageously unfair.
Similar(59)
As it is presently formulated, the Trans Pacific Partnership Agreement would consolidate a structure of dependence and income inequality, two problems which Mexico is striving to overcome.
In short, the eurozone, as presently constituted, is not enough.
The Party as presently constituted cannot, and will not.
As soon as I formulated this opinion, though, the doubt started to creep in.
Our new-product introduction plans will continue as formulated.
Instead, it is well posed in formulations that aim to find unknown scaling exponents, this observation is used presently to formulate a new power-law dynamic model.
The Governing Council as presently constituted is not functional and not adequately representative of the Iraqi people.
The study does not dismiss GM crops but says they have limited value as presently employed.
Rome, says Tamburri, isn't working, and neither is Brussels as presently constituted.
The Knicks, as presently constructed, look like they will never get to it.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com