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The Federal Acquisition Regulation (FAR) Council recently issued a final rule that implements the requirements of the Maximizing Use of American-Made Goods, Products, and Materials Executive Order. As discussed below, the final rule – which largely adopts the proposed revisions set forth in the FAR Council’s September 14, 2020, proposed rule contains important amendments concerning domestic component thresholds and domestic pricing preferences, as well as reintroduces the domestic content test for commercially available off-the-shelf (COTS) items as it relates to certain steel and iron products.
Domestic Content Cost Threshold Changes