Buy American Act compliance
Buy American Act compliance sits at the center of Trade and Geopolitical Risk right now, with the U.S. Department of Defense and the Federal Acquisition Regulatory Council tightening domestic content thresholds under FAR Part 25 and the January 2022 final rule that raised the domestic content requirement to 60 percent, with a path to 75 percent by 2029. The U.S. Trade Representative holds parallel authority over waiver conditions and reciprocal trade agreement exceptions that directly affect how multinational suppliers qualify components. Compliance teams are actively re-mapping bill-of-materials documentation and vendor certifications against the stepped thresholds before each contract renewal cycle.
Watch
- FAR Part 25 domestic content threshold stepping to 65 percent in 2024
- DoD class deviation waivers: which product categories still qualify and for how long
- USTR reciprocal agreement exceptions that offset BAA requirements for allied-nation suppliers
- End-product vs. component-level certification disputes surfacing in GAO bid protests
Recent material activity in Trade & Geopolitical Risk
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OFAC designates 14 entities linked to Russian defense procurement network
The Treasury Department's Office of Foreign Assets Control added 14 entities and 6 individuals to the Specially Designated Nationals list for their roles in procuring critical technology components for Russia's defense i…
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BIS adds 22 Chinese semiconductor entities to Entity List for advanced chip diversion
The Bureau of Industry and Security expanded export controls targeting Chinese semiconductor entities found to be diverting advanced computing chips through third-country intermediaries. New license requirements affect i…
Read a full sample brief →