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  • Bidders Certification Regarding Iran Divestment Act - Nyc

Get Bidders Certification Regarding Iran Divestment Act - Nyc

Al Law ("GML") $103-9. The lran Divestment Act, with certain exceptionso prohibits municipal ties, including the City' from entering into contracts with persons engaged in investment activities in the energy sector of Iran. Pursuant to the terms set forth in SFL $f65-a and GML $103-g, a person engages in investment activities in the energy sector of Iran if: (a) the person provides goods or services of twenty million dollars or more in the energy sector of lran, including a person th.

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How to fill out the Bidders Certification Regarding Iran Divestment Act - Nyc online

The Bidders Certification Regarding Iran Divestment Act is an essential document for contractors wishing to engage with New York City. This guide outlines the process of filling out the form online, ensuring clarity and ease of understanding for all users.

Follow the steps to successfully complete the form online.

  1. Press the ‘Get Form’ button to access the form and open it in your preferred editor.
  2. Carefully read the instructions provided within the form to understand the requirements and implications of certification.
  3. In the certification section, check the appropriate box to indicate whether you are able to certify that you are not on the prohibited list of entities engaged in investment activities in Iran.
  4. If you check the box indicating you cannot certify, be sure to attach a signed statement detailing the reasons for this inability, as required.
  5. Fill in the date, location, and include your signature along with your printed name and title in the designated fields.
  6. Once all necessary information is entered, review the form for accuracy and completeness.
  7. Save your changes, and make sure to download or print a copy of the completed form for your records. You may also share it with relevant parties as needed.

Complete your Bidders Certification Regarding Iran Divestment Act - Nyc online to ensure compliance and facilitate your bidding process.

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Section 165(6)(b) of the State Finance Law requires the Commissioner of the Department of Economic Development to develop a list of jurisdictions that impose sanctions or otherwise restrict the ability of New York State companies when they compete for contracts on an equal basis within those jurisdictions.

The law is known as the "Iran Divestment Act of 2012" (the "Act") and can be found at § 165-a of the NY State Finance Law. The Act became effective on April 12, 2012. The Act imposes limitations on "persons" that are determined to be engaged in investment activities in the Iranian energy sector, as defined in the Act.

Authorization of Divestment: Patterned after legislation enacted in 2007 to enable divestment from firms engaged in certain activity in Sudan, the bill authorizes State and local governments to divest from any company that invests $20 million or more in the energy sector in Iran, or extends $20 million or more in ...

Iran: Divestment and Do-Not-Contract Resources The Iran Divestment Act of 2015, as amended, prohibits State agencies from investing in or contracting with individuals and companies engaged in certain investment activities in Iran, and this Act requires State agencies to divest from such investments.

Under the Iran Divestment Act, T.C.A. §§ 12-12-101--12-12-113, political subdivisions in Tennessee are prohibited from entering into any procurement or contract over $1,000 with a person who engages in investment activities in Iran.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232