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Recovery Act CRIB Sheet For Government Contractors, Part II, The Interim FAR

Client Alert | 1 min read | 04.03.09

On March 31, 2009, the FAR Council issued extensive interim rules to implement the requirements for FAR contracts funded by the Recovery Act. Crowell & Moring has prepared a detailed analysis of each new FAR provision, including those about the Buy American Act Requirements, the onerous reporting requirements for prime and subcontractors, the Inspector General and Government Accountability Office Audit Rights and access to contractor employees, government publication requirements, and the substantial new whistleblower protections.

Insights

Client Alert | 3 min read | 04.26.24

CFIUS Proposes Enhanced Enforcement and Mitigation Rules and Steeper Penalties for Non-Compliance

On April 11, 2024, the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) announced proposed amendments to its enforcement and mitigation regulations, marking the first substantive update to CFIUS’s mitigation and enforcement provisions since the enactment of the Foreign Investment Risk Review Modernization Act of 2018.  The Committee issued a notice of proposed rulemaking ("NPRM”) that would modify the regulations that apply to certain investments and acquisitions, as well as real estate transactions, by foreign persons as follows:...