The House of Representatives Committee on Transportation and Infrastructure held a hearing on Feb.15 to elicit the perspectives of transportation stakeholders on the implementation of new “Buy America” provisions.
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Construction Materials Groups Embrace IIJA Buy America Clarification, Exclusions
Materials anchoring the supply chain behind Infrastructure Investment and Jobs Act (IIJA)-funded building or nonbuilding construction projects have explicit exclusions to White House Office of Management and Budget (OMB)-issued Build America, Buy America (BABA) sourcing requirements.
Read MoreBuying American-Made Products is Good, Until it Isn’t
Buying American-made products used to be a tried and true mantra in the construction profession, but now, in an article on the ConExpo-Con/Agg website, Neil Gerrard writes, construction officials are warning contractors that incoming regulations on the source of construction products and materials could lead to further price rises in the sector.
Read MoreConstruction Spending Up Year-Over-Year
According to the U.S. Census Bureau, construction spending during February 2023 was estimated at a seasonally adjusted annual rate of $1,844.1 billion, 0.1% (±0.7%) below the revised January estimate of $1,845.4 billion. The February figure is 5.2% (±1.2%) above the February 2022 estimate of $1,753.1 billion. During the first two months of this year, construction spending amounted to $260.8 billion,…
Read MoreNSSGA’s Johnson: Biden Administration Must Follow Buy America Exclusion
The National Stone, Sand & Gravel Association (NSSGA) President and CEO Michael Johnson issued a statement on the industry’s bipartisan Buy America exclusion that was issued as part of the Infrastructure Investment and Jobs Act legislation. In his State of the Union address, President Biden reiterated the expansion of the Buy America provision for construction materials, which was included in…
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