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Domestic Preferences for Building America Act

Source: Congress.gov  ·  1,189 words in original text
This bill requires that large federally funded infrastructure projects award contracts only to U.S.-based companies and qualified U.S. joint ventures. The bill also prevents recipients of federal money from awarding contracts to companies owned or controlled by corporations based in certain countries identified as having problematic trade practices.
Recipients of federal financial assistance for infrastructure projects valued at $100,000,000 or more. Prime contractors and subcontractors working on these projects. The Director of the Office of Management and Budget.
• Recipients of federal money for large infrastructure projects must award contracts only to U.S. persons or qualified U.S. joint ventures, as long as there is adequate competition (meaning at least two qualified bids from eligible companies) (Sec. 2(a)(1)). • Recipients cannot award contracts to companies owned by or related to corporations based in certain covered countries, except for minority ownership or investment stakes (Sec. 2(a)(1)(B) and 2(a)(2)). • Prime contractors and all subcontractors on federally funded projects can only hire subcontractors that are U.S. persons or qualified U.S. joint ventures (Sec. 2(b)). • The Director of the Office of Management and Budget must create procedures within one year to determine whether bidders qualify as U.S. persons or qualified U.S. joint ventures, and establish record-keeping requirements (Sec. 2(c)). • This bill does not prevent awards to disadvantaged business enterprises, women-owned businesses or minority-owned businesses under existing federal or state programs (Sec. 2(d)).
Large infrastructure projects receiving federal money will be required to prioritize U.S.-based contractors. Companies from certain countries cannot own or control contract recipients. Subcontracting chains on federally funded projects must remain U.S.-based. The federal government will establish new procedures to verify contractor eligibility.
"United States person" means a company that is incorporated in the U.S. for at least five years, has its main office in the U.S., has completed similar work in the U.S., has technical and financial resources in the U.S., and employs U.S. citizens or residents in at least 51 percent of principal management positions, permanent full-time positions and supervisory positions in the U.S. (Sec. 2(f)(5)). "Qualified United States joint venture" means a partnership where at least 51 percent of assets are owned by U.S. persons (Sec. 2(f)(4)). "Adequate competition" means at least two responsive bids from qualified U.S. persons or qualified U.S. joint ventures (Sec. 2(f)(1)). "Covered country" means a country identified as a nonmarket economy country and included on a priority watch list for trade violations (Sec. 2(f)(2)).
180 days after the bill becomes law (Sec. 2(g)).
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.