Form 25D-155 Buy American Percentage - Alaska

What Is Form 25D-155?

This is a legal form that was released by the Alaska Department of Transportation and Public Facilities - a government authority operating within Alaska. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 25D-155?
A: Form 25D-155 is a document used to report the Buy American percentage for a construction project.

Q: What is the Buy American percentage?
A: The Buy American percentage refers to the minimum amount of American-made products or materials that must be used in a construction project. It is a requirement to promote domestic manufacturing and support the US economy.

Q: How is the Buy American percentage calculated?
A: The Buy American percentage is calculated by dividing the total cost of American-made products or materials used in the construction project by the total project cost, and multiplying by 100.

Q: Why is the Buy American percentage important?
A: The Buy American percentage is important because it ensures that a certain percentage of the project's materials are sourced from American manufacturers, supporting domestic jobs and industries.

Q: What is the purpose of submitting Form 25D-155?
A: Submitting Form 25D-155 is necessary to comply with the Buy American requirements and report the Buy American percentage for a construction project.

Q: Who is required to complete Form 25D-155?
A: Contractors or project managers responsible for construction projects that receive federal funding, subject to Buy American requirements, are required to complete Form 25D-155.

Q: What happens if the Buy American requirements are not met?
A: Failure to meet the Buy American requirements may result in penalties, loss of federal funding, or exclusion from future government contracts.

Q: Are there any exceptions to the Buy American requirements?
A: Yes, there are certain exceptions and waivers available for specific situations, such as if the required American-made products or materials are not available in sufficient quantity or quality.

Q: What is the Buy American Act?
A: The Buy American Act is a federal law that establishes a preference for American-made products in government procurement. It is the basis for the Buy American requirements in construction projects.