What is domestic end product?
“Domestic end product” means— (1) An unmanufactured end product mined or produced in the United States; (2) An end product manufactured in the United States, if— (i) The cost of its components mined, produced, or manufactured in the United States exceeds 50 percent of the cost of all its components.
Are COTS items subject to Buy American Act?
The Buy American Act includes a preference for “domestic end products” and “domestic construction materials” on federal projects absent a waiver. For such products, no COTS exception will apply, and costs for foreign iron and steel must be less than 5% of the total component costs (excluding costs for COTS fasteners).
Are COTS items exempt from Buy American Act?
1907, the domestic content test of the Buy American statute is waived for an end product that is a COTS item (see 12.505(a)(1)), except that for an end product that consists wholly or predominantly of iron or steel or a combination of both, the domestic content test is applied only to the iron and steel content of the …
What are the requirements to be a domestic end product?
To qualify as a domestic end product or domestic construction material, the FAR has long stated that a manufactured end product or construction material (1) must be manufactured in the U.S. and (2) the cost of its components mined, produced, or manufactured in the U.S. must exceed 50 percent of the cost of all of its …
What countries qualify for Buy American Act?
The countries that are currently designated as qualifying countries are Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Israel, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
What is considered an end product?
Noun. 1. end product – final product; the things produced. output.
Does the Buy American Act apply to micro purchases?
The Buy American Act applies to all U.S. federal government agency purchases of goods (articles, materials, or supplies) valued over the U.S. micro-purchase threshold (currently set at US$10,000).
What is the prompt payment clause?
The federal Prompt Payment Act states that the government agency must pay the prime contractor on a construction project no later than 14 days after receiving an invoice for a progress payment. The final payment, including retainage, must be paid within 30 days after receiving an invoice.
What is the Buy American Act threshold?
Buy American Act (BAA) Regulation The Buy American Act applies to all U.S. federal government agency purchases of goods valued over the U.S. micro-purchase threshold ($10,000).
How do you qualify for the Buy American Act?
Two conditions must be present for the Buy American Act to apply: (1) the procurement must be intended for public use within the United States; and (2) the items to be procured or the materials from which they are manufactured must be present in the United States in sufficient and reasonably available commercial …
How do you comply with BAA?
To be BAA compliant, the product provided must qualify as a domestic end product. A domestic end product is (1) an unmanufactured end product mined or produced in the U.S. ; or (2) an end product manufactured in the U.S. if the cost of components mined, produced or manufactured in the U.S. exceeds 50 percent.
How do I comply with the Buy American Act?
When purchased by federal entities for public use, the Act requires that these goods be produced in the U.S. To be considered as being produced in the U.S., goods must be manufactured in the U.S. and at least 50% of the cost of their components must come from the U.S. There are exceptions to Buy American requirements.
What is a domestic end product?
A domestic end product is: An unmanufactured end product mined or produced in the U.S.; or An end product manufactured in the U.S., if the cost of its components mined, produced, or manufactured in the U.S. exceeds fifty percent of the cost of all its components.
What is foreign end product?
A foreign end product may be purchased if the contracting officer determines that the price of the lowest domestic offer is unreasonable or if another exception applies. The restrictions in the Buy American Act are not applicable in acquisitions subject to certain trade agreements.”. (see FAR Subpart 25.4).
What is the definition of end product?
end product. The final material or substance left at the completion of a series of reactions, either chemical or physical.