{"id":6506,"date":"2022-03-22T04:55:06","date_gmt":"2022-03-22T08:55:06","guid":{"rendered":"https:\/\/acmanet.org\/2022\/03\/new-buy-american-rule-will-increase-domestic-content-requirements\/"},"modified":"2024-01-29T14:01:59","modified_gmt":"2024-01-29T19:01:59","slug":"new-buy-american-rule-will-increase-domestic-content-requirements","status":"publish","type":"post","link":"https:\/\/acmanet.org\/new-buy-american-rule-will-increase-domestic-content-requirements\/","title":{"rendered":"New Buy American Rule Will Increase Domestic Content Requirements"},"content":{"rendered":"
The amount of domestic content required for end-products and construction materials under the Buy American laws will increase following changes in federal procurement policy announced in a March 7 Federal Register notice. Currently, products must contain 55% domestic content to satisfy the Buy America provisions. For federal purchases during calendar year 2023, these products will have to contain 60% domestic content. For 2024, the requirement will increase to 65%, and then to 75% starting 2029. The Buy America requirements apply to many federally funded projects for which non-corroding composites provide extended service life with reduced maintenance, like highway bridges, water and wastewater treatment systems, and coastal and inland waterway infrastructure. Read more.\u00a0<\/p>\n
A \u201cfallback threshold\u201d of 55% will be available until 2030 for use when products meeting the domestic content requirements are not available at reasonable prices.\u00a0<\/p>\n
A subsequent rulemaking will establish a list of \u201ccritical\u201d end products and construction materials that will qualify for higher price preferences to ensure the continued availability of these products. ACMA members should contact John Schweitzer<\/a> for more information on these changes to federal procurement policy.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" The amount of domestic content required for end-products and construction materials under the Buy American laws will increase following changes … <\/p>\n