Category — International Community

On March 31, 2009, the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (the “Councils”) issued interim regulations implementing the Buy American restrictions of the American Recovery and Reinvestment Act of 2009 (“Recovery Act”).  These rules form a new section of the Federal Acquisitions Regulations (“FAR”) and add four new contract clauses to be included as appropriate in solicitations involving Recovery Act funds.  Comments on the interim FAR rules will be accepted through June 1, 2009 for consideration in the formulation of final rules.  Final rules will be issued once all comments are reviewed and the Councils finalize any modifications to the interim rules.  It is not certain how long it will be before the final rules are issued.   [Read more →]

The latests news and information relating to economic developments in the international community may be found with these links: [Read more →]