Sara
Wed Sep 18 2024
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5 answers
1318
What is the Buy American Act 50% rule?
Excuse me, could you please clarify what exactly is meant by the "Buy American Act 50% rule"? Is it a regulation that requires federal agencies to prioritize purchasing goods and services from domestic suppliers, specifically mandating that at least 50% of the components or materials used in the products they procure must be of American origin? Or does it encompass a broader set of requirements related to supporting domestic industries and employment through government spending? I'm interested in understanding the specific details and implications of this rule within the context of government procurement practices.
