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DOD Suspensions and Debarments Are Dramatically Up: Check Your Compliance Program

Client Alert | less than 1 min read | 10.26.07

The cumulative FY07 statistics for Army, Navy, Air Force, and DLA are 64 % higher, 1096 actions versus FY06's 667 actions. All DOD suspension and debarment officials have become more aggressive, making it all the more important for defense contractors to have effective internal controls designed to prevent noncompliance.

Insights

Client Alert | 10 min read | 03.16.26

Eight Takeaways After Seven Weeks of OFAC’s Six, wait Seven, New and Updated General Licenses for Venezuela

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued six new general licenses, and updated a seventh that allow for many activities related to: the export of Venezuelan oil and petrochemical products from Venezuela; the exploration, development, and production of oil, gas, and petrochemical products in Venezuela; the generation, transmission, storage, or distribution of electricity in Venezuela; the export to Venezuela of U.S.-origin diluents; negotiating for investment in the oil, gas, petrochemical, and electricity sectors in Venezuela; and the export of Venezuelan gold....