Good news for federal contractors: they can consider the markets of New Zealand and Montenegro when supplying products, services or commercial items to the government, according to Nikaela Redd of Fox Rothschild. As of Oct. 30, the Department of Defense issued a final rule amending its Defense Federal Acquisition Regulation Supplement to include these newly designated countries under the World Trade Organization Government Procurement Agreement.
This means the eligible supplies and products from New Zealand and Montenegro are exempt from the Buy American Act, the purpose of which is to encourage the purchase of American goods by the federal government. “The waiver qualifies for purchases over specific thresholds that are based on a supply or service originating from a designated [Trade Agreement Act] country,” says Redd.
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