US President Joe Biden’s administration has published its final “Build America Buy America” guidance in order to help federal and state agencies fully take advantage of funding being granted through the Bipartisan Infrastructure Law.
Kallanish understands that the Office of Management and Budget (OMB) has issued a revision to Title II of the code of federal regulations (2 CFR). This revision includes the addition of a new amendment to the code, section 184, intending to define key terms that pertain to iron/steel products.
In 2 CFR section 184, OMB explains that materials incorporated in infrastructure projects must meet the Buy America preferences for only a single category in which the materials are classified. This means that, in the case of iron and steel products, there is no restriction on the place of manufacturing for components or subcomponents that do not consist of iron or steel.
“The final guidance will support implementation of the Bipartisan Infrastructure Law’s (BIL) statutory requirements that manufactured products, construction materials, and iron and steel used in federally funded infrastructure projects are made in America,” explains Livia Shmavonian, the Biden administration’s Made in America director.
Zach Johnson USA