We received an RFQ through DIBBS for NSN parts, and it has a Buy American clause. We supply fasteners and fittings, and we’re trying to understand the current domestic content requirements for our components. Our NAICS is 423590, Other Metals and Minerals Merchant Wholesalers. We know the Buy American statute applies, but the percentages seem to change. We want to ensure compliance before we submit our quote. What are the current Buy American statute requirements for items delivered in the upcoming calendar years?
What are the current Buy American statute requirements for federal contractors?
Ask a question1answer
1 answer
The current Buy American statute requires that for items delivered in calendar years 2024 through 2028, the cost of domestic components must exceed 65 percent of the cost of all components. This percentage will increase to 75 percent for items delivered starting in calendar year 2029. This requirement is detailed in FAR 25.101(a)(2)(i).
Federal solicitations, like the RFQ you received through DIBBS and DLA, will include the applicable Buy American clauses. Understanding these percentages is crucial for ensuring your quote for fasteners and fittings, under NAICS code 423590, complies with federal procurement regulations.
answered govcon.forum team RFPFinder staffModerators, RFPFinder staff · United States · 474 rep