Defense Production Act Determination for Strategic Materials
💰 Economy · First Term (2017–2021) · 🤖 AI-categorized
On June 13, 2017, the Trump administration issued a Presidential Determination under Section 4533(a)(5) of the Defense Production Act of 1950, invoking authority to prioritize contracts and allocate materials deemed necessary for national defense. This determination authorized the government to direct allocation of specified materials and resources to defense-related projects. The direct effect was to enable prioritization of defense contracts and supply chains without competitive bidding requirements for affected materials.
SOURCE /
https://www.congress.gov