S.1004 - Restoring Integrity in Contracting Act of 2007

A bill to make ineligible for Federal contract awards any expatriated corporations and any companies that do business with, or won foreign subsidiaries that do business with, state sponsors of terrorism or foreign terrorist organizations. view all titles (3)

All Bill Titles

  • Official: A bill to make ineligible for Federal contract awards any expatriated corporations and any companies that do business with, or won foreign subsidiaries that do business with, state sponsors of terrorism or foreign terrorist organizations. as introduced.
  • Official: A bill to make ineligible for Federal contract awards any expatriated corporations and any companies that do business with, or own foreign subsidiaries that do business with, state sponsors of terrorism or foreign terrorist organizations. as introduced.
  • Short: Restoring Integrity in Contracting Act of 2007 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/28/07
 
 
 
 
 
 
 

Official Summary

Restoring Integrity in Contracting Act of 2007 - Disqualifies an acquiring corporation, or any subsidiary of such a corporation, that enters into a corporate expatriation transaction from federal contract awards for five years. Authorizes the Administrator for Federal Procurement Policy to

Official Summary

Restoring Integrity in Contracting Act of 2007 - Disqualifies an acquiring corporation, or any subsidiary of such a corporation, that enters into a corporate expatriation transaction from federal contract awards for five years. Authorizes the Administrator for Federal Procurement Policy to extend the period of ineligibility as a penalty for failure to disclose such a transaction.Authorizes a presidential waiver in the interest of national security. Disqualifies any entity doing business with, or having a parent or subsidiary doing business with, a state sponsor of terrorism or foreign terrorist organization from federal contract awards for at least five years. Exempts entities selling food, agricultural commodities, medicine, or medical products under the Trade Sanctions Reform and Export Enhancement Act of 2000.Requires the revision of the Federal Acquisition Regulation issued under the Office of Federal Procurement Policy Act to require every contractor that submits a bid for a government contract to submit a certification describing whether:
(1) the contractor or a parent company has entered into a corporate expatriation transaction; and
(2) the contractor, a domestic parent company, or any subsidiary is doing or has done business with a state sponsor of terrorism or a foreign terrorist organization.Amends the Office of Federal Procurement Policy Act to require the Administrator to establish and maintain a database of corporate expatriation transactions and transactions with state sponsors of terrorism or foreign terrorist organizations.

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