Systems and methods are disclosed herein for allocating computing resources for execution of workloads in a distributed computing system with resource acquisition cycles and workload scheduling cycles. One or more resource offer managers transmit resource offers to each of one or more of schedulers. Each scheduler transmits a resource request and/or resource release request in response to each resource offer manager. Each resource offer manager computes a resource allocation for each scheduler after resolving conflicts and assigns the resources to each scheduler according to the resource allocation decisions. The resource acquisition cycle and the workload scheduling cycle are decoupled.