715 - Foreign Financial Compliance Considerations

Buy American Act Institutions should keep in mind the requirements of the Buy American Act (49 C.F.R. §661) when developing project budgets with planned equipment purchases, whether on the pass-through entity’s behalf or on behalf of the foreign subrecipient. Unlike domestic equipment purchases, purchasing equipment on behalf of foreign projects can be cumbersome. Many universities have large procurement offices that are highly effective at soliciting and securing equipment purchases that will be used stateside. However, purchasing equipment on a large international project may test the institutional procurement capacity, because many institutions do not have personnel with… Read More