As initial waivers end, builders will feel the impact of Buy America law
As initial waivers end, builders will feel the impact of Buy America law
Abstract
A provision in the IIJA is the Build America, Buy America Act, which impacts all federally funded infrastructure projects in the United States, not just those that receive IIJA funding. These requirements apply to an entire infrastructure project, even if the project is funded by both federal and non-federal funds under one or more awards. Waiver considerations If an exemption applies, a waiver is granted to the federal agency that provides funding for the project. Eligible recipients of federal funding may request Buy America waivers for components or products that are necessary for completion of their projects. Project managers are urged to work closely with federal funding agencies to understand how the Buy America requirements will affect shovel-ready and future projects. Identify whether your project's federal funders require alternatives to foreign manufacturers. Consider seeking waivers through federal funding partners for critical products that are manufactured outside of the U.S. As the initial waiver period comes to a close, understanding the Build America, Buy America Act must be one of your top priorities if the agencies you work with receive federal funds to build or maintain projects.