EMAIL DETAILS

That is my read - although the ARRA rules may require 100% components
compared to the 60% components. This document doesn't accurately explain
that to my read. There are apparently a few clarifying ruling on the
FTA/FRA websites which I haven't been able to find yet. Also, I am not sure
the source of the funds for the current bid that Alstom and CAF are making
with Amtrak so I am not sure what that bid has to comply with. You may know
that.

Key was finding out that 60% meant 60% of COST.

But bottom line is that this is all with DOT to decide. Congress doesn't
have anything to do with it anymore.

On Fri, May 28, 2010 at 9:16 AM, <hbiden@rosemontseneca.com> wrote:

> So current "Buy America" rule is 100% US Assembly of 60% US Content (ie.
> Cost of 60% of components must be more than cost of 60% of all components).
> This is the FTA rule Talgo originally operated under for Wisc deal.
>
> Clearly any steel or iron work under any relevant provision requires 100%
> American. ARRA requires 100% American steel, ion and manufactured goods. It
> doesn't seem to specify whether the purchase of a US manufactured product
> requires that product have 100% US made components.
>
> DOT can provide a waiver. I am certain they won't for Talgo at the moment.
> Why Antonio is writing to Oberstar is a mystery to me. The only way this
> gets fixed is thru Admin and DOT providing "conditional waivers" that
> require manufacturers to work towards 100% rule over a defined period of
> time.
>
> Sent on the Sprint® Now Network from my BlackBerry®
> ------------------------------
> *From: * Eric Schwerin <eschwerin@rosemontseneca.com>
> *Date: *Fri, 28 May 2010 08:47:05 -0400
> *To: *Hunter Biden<hbiden@rosemontseneca.com>; Michael Muldoon<
> mmuldoon@rosemontseneca.com>
> *Subject: *Fwd:
>
> This doesn't answer all of our questions on the 100% Buy American rules
> regarding rail, but it is a very useful document that attempts to summarize
> it all and has a handy chart.
>
> ---------- Forwarded message ----------
> From: Eric Schwerin <eschwerin@rosemontseneca.com>
> Date: Thu, May 27, 2010 at 9:10 PM
> Subject:
> To: Eric Schwerin <eschwerin@rosemontseneca.com>
>
>
>
> http://apolloalliance.org/wp-content/uploads/2010/05/buyamericabackground.pdf
> --
> Eric D. Schwerin
> Rosemont Seneca Partners
> (202) 333-1880
> eschwerin@rosemontseneca.com
>
>
>
>
> --
> Eric D. Schwerin
> Rosemont Seneca Partners
> (202) 333-1880
> eschwerin@rosemontseneca.com
>
>


--
Eric D. Schwerin
Rosemont Seneca Partners
(202) 333-1880
eschwerin@rosemontseneca.co