OMB is now proposing rules to implement the BABA Act that would be incorporated into the Code of Federal Regulations as a new part 184 (Buy America Preferences for Infrastructure Projects). On February 9, 2023, OMB invited public comments (by March 13) on the proposed rules. OMB's proposal would, inter alia, align the definition of the cost of manufactured products for federal financial assistance with the definition applied to federal procurement and set stringent standards for manufacturing processes for construction materials to be considered produced in the United States... The Biden administration is intent on closing what it regards as a "giant loophole" that has allowed infrastructure projects to be built with products (other than iron and steel) "sourced from anywhere in the world." To that end, it has proposed rules that would embed that aim in federal regulations that apply to financial grants to non-federal entities for infrastructure projects. In doing so, it makes no..