What You Need to Know About BABA
Bingham & Taylor, a company dedicated to supporting the infrastructure of the United States, plays a pivotal role in the implementation of the Build America, Buy America Act (BABA). This Act, a cornerstone of the Infrastructure Investment and Jobs Act, fundamentally aims to bolster the federal government's procurement of American-made goods, materials, and services. This requirement underscores a national commitment to invigorating domestic industries and job creation, aligning perfectly with Bingham & Taylor's ethos of fostering American manufacturing and labor.
Understanding BABA
Enacted on November 15, 2021, as part of the Infrastructure Investment and Jobs Act, the Build America, Buy America Act (BABA) represents a significant shift in federal infrastructure policy. It's designed to bolster American manufacturing by mandating that federally funded infrastructure projects exclusively use materials made in the USA, including iron, steel, and other manufactured products.
This directive aims not just at economic growth, but at nurturing a self-sufficient industrial sector within the country. By focusing on domestically produced materials, BABA seeks to fortify national infrastructure while supporting American labor and industry. This legislation marks a pivotal step in reinforcing the country's infrastructure and economic resilience.
Bingham & Taylor's Alignment with BABA Requirements:
Iron and Steel Requirements:
Bingham & Taylor ensures that all iron and steel materials used in its projects are produced in the United States, adhering to the BABA mandate. This encompasses all manufacturing stages, from the initial melting to the final application of coatings, ensuring a completely domestic production process.
Manufactured Products Requirements:
The company meets the BABA standard for manufactured products by ensuring that more than 55% of the cost of the components of these products are mined, produced, or manufactured within the United States, thus supporting domestic industries.
Construction Materials Requirements:
Consistent with BABA directives, Bingham & Taylor uses construction materials that are entirely manufactured in the U.S., fulfilling the act's objective of strengthening the nation’s infrastructure with domestically produced materials.
Documenting Compliance:
To ensure adherence to the Build America, Buy America Act (BABA), Bingham & Taylor follows a rigorous documentation process. This involves maintaining detailed records of all materials used, their manufacturing locations, and cost breakdowns to verify compliance with the act's requirements. The USDA, pivotal in overseeing this compliance, coordinates closely with entities like Bingham & Taylor, especially concerning the May 14, 2022, deadline set for agencies to align with BABA stipulations.
Exemptions and Exceptions:
BABA allows for certain waivers and exceptions, such as when materials are not available domestically, when their use is contrary to the public interest, or if they incur unreasonable costs. Bingham & Taylor remains informed about these provisions to ensure compliance while addressing practical challenges.
Bingham & Taylor's Commitment:
Bingham & Taylor is steadfast in its commitment to supporting U.S. infrastructure and rigorously adhering to federal regulations. The company recognizes the significance of these regulations in promoting domestic industry and job growth, illustrating its dedication to the nation’s economic and infrastructural strength.