Trade Agreement Act CompliancePublished by: Europe Basketball Academy
The Trade Agreements Act of 1979 (TAA), Pub.L. 96-39, 93 Stat. 144, adopted on July 26, 1979, codified on July 19. C ch. 13 (19 U.S.C. It outlined the modalities for the implementation of the Tokyo round of the General Agreement on Tariffs and Trade. This article explains what the Trade Agreements Act is, what it means a product is TAA compliant, and why TAA compliance is important for any company that wishes to cooperate with the government through GSA schedules. Our team helps contractors evaluate or implement TAA compliance programs, including measures to ensure that non-compliant TAA products are removed from PRODUKTliste lists of FSS contracts. We can also help correct AAA violations. With a renewed focus on TAA compliance, an increase in Cases of the False Claims Act (FCA) and President Trump`s "Buy American" executive order, entrepreneurs should expect greater scrutiny of their TAA compliance efforts.
However, the TAA does not limit foreign trade outside the scope of federal contracts. This means that you can freely sell non-TAA-compliant products on the commercial market. Simply put, you cannot sell non-commercial government-compliant laws. So if you are considering competing with a GSA calendar contract, you should carefully evaluate the true origin of your products. And if you`re already excellent, it`s important that you respect your TAA. AA TA COMPLIANCE is only required for federal contracts. Public bodies cannot purchase TAA products for contracts above the $180,000 threshold (value may change). In practice, any value of the GSA calendar exceeds the threshold, so you could say that the TAA applies to all calendars. The rules that determine whether the BAA or AAA apply to a given procurement are quite confusing and the analysis required to determine AFA compliance is very different from the AAT compliance analysis, and both are not particularly intuitive. The BAA was designed to deter foreign products from competing with U.S. products on an equal footing. The Federal Circuit summarized succinctly the main features of the BAA: the TAA generally prohibits the purchase of "products from a foreign country or instrumentality" that are not parties to the WTO agreement or are otherwise "designated" by the President for the purposes of the TAA.