Description
President Joe Biden signed a Buy American executive order that includes a review of federal procurement of commercial IT products, including hardware and software systems that have historically been e ...
Summary
- Commercial IT products including hardware and software systems could soon fall under the purview of the Buy American Act if their exemption is removed.
- Removing the IT exemption A lot of U.S. software development occurs overseas, which will create problems for some IT firms if Biden removes the IT exemption, said Peter Bendor-Samuel, founder and CEO of Everest Group, an outsourcing research firm and consultancy in Dallas. "
- Buy American waivers Putting the Made in America office within the OMB will keep the federal Buy American requirement in the public eye, according to Elizabeth Moeller, a public policy lawyer at Pillsbury Winthrop Shaw Pittman LLP, based in New York City.
- He said his bill, the 21st Century Buy American Act, will close loopholes in the existing laws that exempt many products from the law's requirements.