Type:Rule
Citation:86 FR 6180
Reading Time:about 2 minutes
The Department of Defense, General Services Administration, and National Aeronautics and Space Administration have issued a final rule as part of the Federal Acquisition Circular 2021-04. This rule changes the Federal Acquisition Regulation to increase the preference for using American-made goods. The domestic content requirement for iron and steel will go up to 95%, while other products and materials will increase to 55%. The aim is to encourage economic growth and job creation by decreasing reliance on foreign-sourced content.
Simple Explanation
The U.S. government wants to use more things made in America. They've decided to buy more American-made products, like iron, steel, and other materials, to help people in America get more jobs and be happier.