Iranian Investment Disclosure.pdf

PDF 53 KB Posted

Attached to
Springs & Spring Repair Services
Solicitation number
145245
Issued by
Herkimer County, New York

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Iranian Investment Disclosure

This is an Iranian Investment Disclosure document applicable to the New York state and local contract opportunity for Springs & Spring Repair Services (Prior Bid #2024F-10). The disclosure form requires bidders and contractors to certify their compliance with New York State's Iran Divestment Act and related sanctions regulations. The document outlines the mandatory disclosure requirements that must be completed by all entities seeking to contract with New York State, ensuring that no funds are directed to individuals or organizations with prohibited Iranian investment activities or connections.

The disclosure form mandates that prospective bidders provide detailed information regarding any investments, business operations, or financial relationships in Iran or with Iranian entities. Contractors must certify that they are not engaged in prohibited Iranian activities and comply with all applicable federal and state sanctions laws. Failure to complete this disclosure accurately or providing false information may result in contract disqualification, debarment from future state contracts, and potential legal penalties. This requirement is applicable to all bidders regardless of contract value and must be submitted as part of the bid package for the Springs & Spring Repair Services opportunity in New York.

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Other files

File Type Posted
B26-81 Bid Text.pdf PDF
Non-Bidders Response.pdf PDF
Bid Proposal and Non-Collusive Bidding Certification.pdf PDF

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Attachment Certification Pursuant to Section 103-g of the New York State General Municipal Law

A. By submission of this bid, each Bidder and each person signing on behalf of any Bidder certifies, and in the case of a joint bid, each party thereto certifies as to its own organization, under penalty of perjury, that to the best of its knowledge and belief that each Bidder is not on the list created pursuant to paragraph (b) of subdivision 3 of Section 165-a of the New York State Finance Law.

B. A Bid shall not be considered for award, nor shall any award be made where the condition set forth in

Paragraph A above has not been complied with; provided, however, that in any case the Bidder cannot make the foregoing certification set forth in Paragraph A above, the Bidder shall so state and shall furnish with the bid a signed statement which sets forth in detail the reasons therefore. Where Paragraph A above cannot be complied with, the Purchasing Unit to the political subdivision, public department, agency or official thereof to whom the bid is made, or his designee, may award a bid, on a case by case basis under the following circumstances:

1. The investment activities in Iran were made before April 12, 2012, the investment activities in Iran have not been expanded or renewed after April 12, 2012, and the Bidder has adopted, publicized and is implementing a formal plan to cease the investment activities in Iran and to refrain from engaging in any new investments in Iran; or

2. The political subdivision makes a determination that the goods or services are necessary for the political subdivision to perform its functions and that, absent such an exemption, the political subdivision would be unable to obtain the goods and services for which the contract is offered. Such a determination shall be made in writing and shall be a public document.

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