Certification_Regarding_Investments_in_Iran.pdf
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- SailPoint Internal Users
- Solicitation number
- BPM057631
- Issued by
- Maryland
About this file
This is a Certification Regarding Investments in Iran document issued by the State of Maryland under the authority of State Finance & Procurement Articles 17-701 through 17-707. The certification applies to all contractors bidding on or renewing contracts with Maryland state agencies and public bodies. The document establishes eligibility requirements based on investment activities in Iran, specifically prohibiting participation by companies identified on the Investment Activities in Iran list maintained by the Board of Public Works, as well as their parent companies, successors, subsidiaries, and entities under common ownership or control.
The certification requires authorized representatives to attest that their company is not identified on the Investment Activities in Iran list and is not engaging in investment activities in Iran as defined by state law. Investment activities in Iran are defined as either providing goods or services of at least $20 million in Iran's energy sector or, for financial institutions, extending credit of at least $20 million for at least 45 days to persons on the list for use in Iran's energy sector. The certification applies only to new contracts and contract renewals; existing contracts with listed companies are not required to be terminated. Contractors unable to make the required certification must explain their investment activities in the designated section of the form and provide signature and witness verification.
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Text version
ATTACHMENT A - CERTIFICATION REGARDING INVESTMENTS IN IRAN
Authority: State Finance & Procurement, §§17-701 — 17-707, Annotated Code of Maryland [Chapter 447, Laws of 2012.] List: The Investment Activities in Iran list identifies companies that the Board of Public Works has found to engage in investment activities in Iran; those companies may not participate in procurements with a public body in the State. “Engaging in investment activities in Iran” means:
A. Providing goods or services of at least $20 million in the energy sector of Iran; or B. For financial institutions, extending credit of at least $20 million to another person for at least 45 days if the person is on the Investment Activities In Iran list and will use the credit to provide goods or services in the energy of Iran.
The Investment Activities in Iran list is located at: Investment Activities in Iran
Rule: A company listed on the Investment Activities In Iran list is ineligible to bid on, submit a proposal for, or renew a contract for goods and services with a State Agency or any public body of the State. Also ineligible are any parent, successor, subunit, direct or indirect subsidiary of, or any entity under common ownership or control of, any listed company.
NOTE: This law applies only to new contracts and to contract renewals. The law does not require an Agency to terminate an existing contract with a listed company.
CERTIFICATION REGARDING INVESTMENTS IN IRAN
The undersigned certifies that, in accordance with State Finance and Procurement
Article, §17-705, Annotated Code of Maryland:
(a) It is not identified on the list created by the Board of Public Works as a person engaging in investment activities in Iran as described in State Finance and
Procurement Article, §17-702, Annotated Code of Maryland; and
(b) It is not engaging in investment activities in Iran as described in State Finance and
Procurement Article, §17-702, Annotated Code of Maryland.
The undersigned is unable to make the above certification regarding its investment activities in Iran due to the following activities:
Name of Authorized Representative:
Signature of Authorized Representative: ________________________________
Date: ______________ Title: )_______________________________________
Witness Name (Typed or Printed): ___________________________________
Witness Signature and Date: ____________________________________________ https://bpw.maryland.gov/Pages/adv-2013-1.aspx
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