The Biden administration recently made some changes to the White House’s recently issued Buy American Act executive order (signed in January 2021). GBCA member Cohen Seglias Pallas Greenhall & Furman PC published 4 main takeaways from these changes that will impact contractors working on federal government contracts.
From Cohen Seglias:
Takeaway #1
The proposed rule calls for increases to domestic content requirements (known as the component test). Click below to read more.
Takeaway #2
President Biden’s draft rule calls for a temporary waiver of the increased requirements when compliant materials are either unavailable or unacceptably expensive. Click below to read more.
Takeaway #3
The proposed rule calls for higher price preferences for materials deemed to be critical or made up of critical components. Click below to read more.
Takeaway #4
[T]he proposed rule does not call for changes to the treatment of products that are the subject of trade agreements. Click below to read more.
Click below to read more about each takeaway:
