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Buy American Requirements Essay

728 words - 3 pages

The Buy American Act (41 U.S.C. 10a-10d) was enacted in 1933 to encourage the federal government to buy from American companies it does not apply to professional or personal services. There are some requirements that listed under the Buy American Act (BAA) that companies need to pay attention to. The Act requires all iron, steel, and manufactured goods that are incorporated into a public building or public work be produced in the United States (U.S.). This does not require individual components and raw materials that comprise a manufactured good originate in the U.S. Only the final manufactured product, must be assembled or manufactured into it final form in the United States, that will ...view middle of the document...

S. (ACE Inc.,).
I don’t think I really agree with this Act and I might be a little basis since I’m out of country (Egypt). I do think the act was made for the great depression to try and get the economy back running smoothly and get the Country back on their feet. If a contractor violates this Act it can be debarred form bidding on government contracts. In these times, I think it is very hard to ensure companies are still using the Act properly. When you have countries producing material at a cheaper cost than what it cost in the U.S., most companies will tend to lean to the lower cost for more profits.
I do not feel that these requirements are contradictory to the claims that we consider ourselves a “free market” in which our government promotes competition. When these requirements were considered it was a bad time for the economy, so the government was trying anyway possible to figure out a way to bring money back into the country. Creating requirements for agencies within the government to buy American products was a good way to put money back into the slumping economy.
The exceptions to the Buy American Requirement set by the government is really a needed...

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