Relative to the purchase of steel products with the Buy America certification.
By focusing on domestically sourced materials, SB195 is projected to enhance economic growth within the state by fostering local steel production. However, this change could also result in increased procurement costs for state projects if domestic steel is more expensive than imported options. The legislation recognizes the need for flexibility by allowing state agencies to request waivers under specific circumstances, such as when domestic products are not available in sufficient quantities or at satisfactory quality levels. Such a provision could mitigate the financial strain on large construction contracts while still prioritizing American-made materials.
Senate Bill 195 (SB195) aims to amend existing procurement laws regarding the purchase of steel products in the state of New Hampshire. Specifically, it revises the requirements for the use of American-made steel in contracts for construction involving state funding equal to or exceeding $1,000,000. The bill stipulates that such contracts must include a clause mandating the use of domestically fabricated structural steel for all permanently incorporated iron and steel components. This legislation aims to bolster local manufacturing and ensure that taxpayer dollars support American businesses.
Controversy surrounding SB195 primarily revolves around the balance between supporting American industry and the cost implications for state projects. Supporters argue that this legislation will create jobs and strengthen the domestic steel market, which could have long-term benefits for the state's economy. Conversely, opponents may assert that mandating the use of only American-made steel could hinder competition and inflate project costs, ultimately leading to delayed infrastructure improvements and impacting fiscal responsibility in state budgeting. Additionally, the waiver process might invite concerns about transparency and accountability in procurement practices.