Inside Government Contracts

MARCH 1, 2024

The EO was intended to strengthen the requirements of the Buy American Act (“BAA”) by, among other things, directing the FAR Council to issue new rules increasing the domestic content threshold for determining whether a product qualifies as a domestic end product. Beginning in calendar year 2029, the threshold will be 75 percent.

Thresholds 147

Thresholds Procurement Price Quantity 147

SmallGovCon

JUNE 19, 2024

That 65% will become 75% in 2029. Also, the BAA doesn’t apply if the agency determines the product really isn’t available in substantial quantities in the United States. However, this law does not actually prohibit the acquisition of non-U.S. A list of these items is at FAR 25.104.

Price 84

Price Government Contracts Manufacturing Purchasing 84

Procurement Notes

MARCH 16, 2023

75] Looking at the FRED data , it shows a little more variability, but nonetheless affirms ~20% of GDP as a threshold that appears difficult to surpass. [76] 35] How are personal consumption expenditures (PCE) prices and quantities derived?, of GDP (call it 20% for the sake of simplicity). [75] 76] Why ~20%, and why for so long?

Government Contracts 40

Government Contracts Government Government Contract 40