Biden wants review of IT exemption in Buy American law

By SearchCIO - 2021-03-20

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.

 

Topics

  1. Management (0.18)
  2. Stock (0.16)
  3. Security (0.04)

Similar Articles

Suspected Russian hackers spied on

By U.S. - 2020-12-14

Hackers believed to be working for Russia have been monitoring internal email traffic at the U.S. Treasury and Commerce departments, according to people familiar with the matter, adding they feared th ...

Why does it take so long to build software

By Simple Thread - 2020-10-16

Why does it take so long to build software? We hear variations of this question frequently: Why is building software so expensive? Why is my team delivering software so slowly? Why am I perpetually be ...