Buy American Act Donna Prevatte Instructor:Â Haroon Baqai Cost and expense Analysis 12 February 2012 Summarize the main points of the Buy American Requirements. Of the different acts mentioned in Chapter 2, the one that would possibly give a small- contrast owner more(prenominal) trouble when evaluateing to trade in three zillion wid brings to the national governing body is the Buy American Act. When a small business owner is trying to sell or catch a large quantity contract of goods to the government, the owner might try to import the goods from an abroad country near to keep the determine down and to meet the required spoken language dates. By doing these procedures, it would part with the small-business owner to be competitive with more or less of the larger companies that argon capable of producing the three million widgets. under(a) the Buy American Act, it requires the federal government to buy house servant articles, visibles, and su pplies for public use. For an article, material, or supply to be considered domestic it moldiness be an un fabricate stop over product mined or produced in the United States; or the end product is manufactured in the United States. The persona of this Act is to discourage businesses to sell to the government foreign products.
When the government is only buying American made products it is encouraging the American business to produce a product that meets the government of necessity with pricing and quality. Some of the problems in any case with purchasing material from overseas vendors is that the require d points might nurse chemicals that do no! n meet American standards such as we have seen in some of Chinas material containing lead. Now there argon some exceptions to the Buy American Act which include if the circumstances ar being used remote the United States; domestic items that are unreasonably priced; information engine room that is a commercial item; when compliance to the Act would not be in the better interest of the government; and item purchased only for the commissary resale....If you want to get a full essay, suppose it on our website: OrderCustomPaper.com
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