Disclosure_of_Iran_Investments.docx
DOCX document 25 KB Posted
- Attached to
- Family Fun Day 2026
- Solicitation number
- 2026-008
- Issued by
- Essex County, New Jersey
About this file
This is a Standard Bid Document for the Disclosure of Investment Activities in Iran, required by New Jersey state law (P.L. 2012, c. 25) for all state and local public contracts across goods, services, and construction categories. The document applies to the City of Newark, New Jersey's Family Fun Day 2026 procurement (RFP #2026-008) and requires vendors to certify compliance prior to contract award. All vendors and contractors must complete the certification attesting that neither they nor any parent entity, subsidiary, or affiliate is listed on the New Jersey Department of the Treasury's Chapter 25 List of entities engaged in prohibited investment activities in Iran. The certification must be submitted electronically through the City's e-Procurement Portal with bids due by 10:15 am on Friday, February 27, 2026. The contract term for the POS and credit card processing solution is estimated at five years with options to renew for two subsequent two-year terms, with an anticipated implementation date of March 1, 2026.
Vendors found in violation of the Iran investment disclosure requirements face significant penalties including sanctions, compliance actions, damages recovery, contract default declaration, and potential debarment or suspension from future procurements. The certification document requires vendors to either confirm non-listing on the Chapter 25 List or provide detailed written explanations of any investment activities in Iran by their entity or affiliates. Vendors must review the current Chapter 25 List available on the Treasury website prior to submission and acknowledge a continuing obligation to notify the City of Newark in writing of any changes to their certification information through contract completion. False statements or misrepresentations in the certification constitute criminal offenses and material breaches of contract, subjecting violators to criminal prosecution and potential contract voidance at the City's discretion. No specific budget allocation is mentioned in the disclosure document itself, though the comprehensive nature of the POS and payment processing solution suggests significant procurement value.
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Other files
| File | Type | Posted |
|---|---|---|
| Family_Fun_Day_2026.pdf | ||
| Federal_Debarment_Form.pdf | ||
| DisclosureofProhibitedActivitesinRussiaBelarus_(2).pdf | ||
| Vendor_Submission_Forms_(2025).pdf | ||
| W-9_(March2024)_(5).pdf |
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Text version
STANDARD BID DOCUMENT REFERENCE
| Name of Form |
| DISCLOSURE OF INVESTMENT ACTIVITIES IN IRAN |
| Statutory Reference |
| N.J.S.A. 52:32-55 et seq. |
N.J.S.A. 40A:11-2.1 N.J.S.A. 18A:18A-49.4
Applicability
Y/N
| Mandatory |
| Optional |
| N/A |
| LPCL |
| Y |
| Goods and Services |
| X |
| PSCL |
| Y |
| Construction |
X
Instructions Reference
| Description |
| P.L. 2012, c.25 prohibits the awarding of State and local public contracts for goods and services with persons or entities engaging in certain investment activities in energy or finance sectors of Iran. Prior to contract award, vendors and contractors must certify that neither they nor any parent entity, subsidiary, or affiliate is listed on the New Jersey Department of the Treasury’s list of entities determined to be engaged in prohibited activities in Iran pursuant to P.L. 2012, c. 25 ("Chapter 25 List"). |
The Certification form requires the insertion of contracting unit identification information which should be filled in (in italics on the form) prior to its use.
Disclosure of Investment Activities in Iran
Person or Entity
Part 1: Certification
COMPLETE PART 1 BY CHECKING EITHER BOX.
Pursuant to Public Law 2012, c. 25, any person or entity that is a successful bidder or proposer, or otherwise proposes to enter into or renew a contract, must complete the certification below to attest, under penalty of perjury, that neither the person or entity, nor any parent entity, subsidiary, or affiliate is identified on the State Department of Treasury's Chapter 25 list as a person or entity engaging in investment activities in Iran. The list is found on Treasury’s website at www.state.nj.us/treasury/purchase/pdf/Chapter25List.pdf.
The Chapter 25 list must be reviewed prior to completing the below certification. If a vendor or contractor is found to be in violation of law, action may be taken as appropriate and as may provided by law, rule or contract, including but not limited to imposing sanctions, seeking compliance, recovering damages, declaring the party in default and seeking debarment or suspension of the party.
I certify, pursuant to Public Law 2012, c. 25, that neither the person or entity listed above, nor any parent entity, subsidiary, or affiliate thereof is listed on the N.J. Department of the Treasury’s list of entities determined to be engaged in prohibited activities in Iran pursuant to P.L. 2012, c. 25 ("Chapter 25 List"). I further certify that I am the person listed above, or I am an officer or representative of the entity listed above and am authorized to make this certification on its behalf. I will skip Part 2 and sign and complete the Certification below.
OR
I am unable to certify as above because the person or entity and/or a parent entity, subsidiary, or affiliate thereof is listed on the N.J. Department of the Treasury’s Chapter 25 list. I will provide a detailed, accurate and precise description of the activities in Part 2 below sign and complete the Certification below.
Part 2: Additional Information
PLEASE PROVIDE FURTHER INFORMATION RELATED TO INVESTMENT ACTIVITIES IN IRAN.
You must provide a detailed, accurate and precise description of the activities of the person or entity, or a parent entity, subsidiary, or affiliate thereof engaging in investment activates in Iran below and, if more space is needed, on additional sheets provided by you.
Part 3: Certification of True and Complete Information
I, being duly sworn upon my oath, hereby represent and state that the foregoing information and any attachments there to the best of my knowledge are true and complete. I attest that I am authorized to execute this certification on behalf of the above-referenced person or entity.
I acknowledge that the Name of Contracting Unit is relying on the information contained herein and thereby acknowledge that I am under a continuing obligation from the date of this certification through the completion of any contracts with the Reference to Contracting Unit to notify the Reference to Contracting Unit in writing of any changes to the answers of information contained herein.
I acknowledge that I am aware that it is a criminal offense to make a false statement or misrepresentation in this certification, and if I do so, I recognize that I am subject to criminal prosecution under the law and that it will also constitute a material breach of my agreement(s) with the Name of Contracting Unit and that the Reference to Contracting Unit at its option may declare any contract(s) resulting from this certification void and unenforceable.
Full Name (Print)
Title
Signature
Date
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