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RESOURCES

UPDATES TO BUY AMERICAN ACT (BAA) – NEW REGULATIONS & BIDEN EXECUTIVE ORDER

1/27/2021

 
By: Paul Hawkins
Summary

​On January 19, 2021, the Federal Acquisition Regulation (FAR) Council published a final rule that implemented a 2019 Executive Order meant to strengthen Buy American Act (BAA) enforcement and standards.  The new rule raises the domestic content threshold to 55% for general products and construction materials and a whopping 95% for predominantly iron/steel products.  The new rule also significantly increases the price preferences for offerors offering “domestic end products” (from 6% to 20% for large businesses and 12% to 30% for small businesses).  Additionally, the new rule includes further updated guidance regarding iron and steel products among other changes.

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Payroll Protection Program Round 2

1/12/2021

 
Summary
On December 27th the President signed into law the second major bipartisan COVID-19 relief package. The package releases $900 billion in emergency relief funds to cover costs of vaccine distribution, to extend enhanced unemployment benefits, and to fund $600 stimulus checks for many Americans. The legislation also includes a second round of financial relief for hard hit small businesses.

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  • Home
  • Why Reaves GOVCON
  • Attorneys
    • Brad Reaves
    • Tara Chadbourn
    • Jesse Gordon
    • Jake Noe
    • Sara Tandy
    • Michael Wilson
  • Practice Areas
    • Government Contracts
    • Bid Protests
    • Corporate/M&A
    • Construction
    • Employment
    • ​Business Restructuring, Creditors’ Rights, and Bankruptcy
    • International Business & Trade
    • Litigation
  • Resources
    • Resources & Articles
    • Attorney Recognitions
    • Industry/Government
  • Contact
  • Join Reaves GOVCON