Sen. Explores Stronger Iran Sanctions For Contractors

Law360, New York (July 02, 2012, 8:45 PM ET) -- Sen. Claire McCaskill, D-Mo., is looking into whether Congress should expand the applicability of Iran sanctions to government contractors based outside of the U.S., inviting comments Monday from business leaders and analysts about whether the U.S. should toughen its enforcement tools.

A 2010 law already requires U.S.-based government contractors to certify that they do not engage in sanctioned activity in Iran, and punishments for false certification can include contract termination and even debarment from contracting. But prospective contractors based outside of the U.S. are not covered,...
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