|Policy status:||In Force|
|Policy Type:||Economic Instruments>Direct investment>Procurement rules, Economic Instruments>Direct investment|
|Agency:||U.S. Department of Agriculture|
|Legal References:||Farm Security and Rural Investment Act (FSRIA) - Section 9002. The BioPreferred Program used to be called the USDA Biobased Affirmative Procurement Program|
|Funding:||$23 million to fund the program in each of fiscal years 2003-2006|
The BioPreferred program was created to increase the procurement and use of biobased products. It established a procurement preference program for Federal agencies and their contractors, and a labeling program to enable the marketing of biobased products. The BioPreferred program offers three major benefits: Climate Change Impact Reduction, Energy/Environmental Security, and Economic Development.
Biobased products are commercial or industrial products (other than food or feed) composed wholly or in significant part of biological products including renewable agricultural materials (plant, animal, and marine materials) or forestry materials.
Last modified: Fri, 17 Feb 2017 16:17:37 CET