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Biden to Sign Executive Order Bolstering ‘Buy American' Provisions

Added 01-25-21 05:40:04am EST - “The government is already required to contract with U.S. companies when possible, but waivers have frustrated businesses for years.” - Nytimes.com

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Posted By TheNewsCommenter: From Nytimes.com: “Biden to Sign Executive Order Bolstering ‘Buy American’ Provisions”. Below is an excerpt from the article.

The government is already required to contract with U.S. companies when possible, but waivers have frustrated businesses for years.

WASHINGTON — President Biden will sign an executive order on Monday intended to strengthen “Buy American” provisions that encourage the federal government to purchase goods and services from U.S. companies, administration officials said on Sunday evening.

Existing law already requires the government to contract with American companies when possible, but there are many exceptions and waiver opportunities that for years have frustrated advocates for small and medium-size businesses.

Previous administrations, including that of President Donald J. Trump, have tried to clamp down on the process in the hopes of directing more federal dollars toward an American work force that sometimes struggles to compete with goods and services imported from abroad.

Biden administration officials said on Sunday that the president’s executive order would go further than previous efforts by reducing opportunities for waivers from the Buy American requirements and by tightening standards that would result in fewer federal contracts being awarded to overseas companies.

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