The Buy America Requirements for Federal Financial Assistance “Buy America” is the phrase used to describe domestic preferences generally applied to awards made with Federal financial assistance. There is no single “Buy America” statute. Rather, there are a number of statutes that require certain Federal agencies to provide Federal financial assistance to apply domestic content procurement preferences for goods, products, and materials made in the U.S. The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), enacted on November 15, 2021, includes the Build America, Buy America Act, which expands Buy America requirements government-wide to Federal financial assistance programs for infrastructure.