FAR 25.701 Restrictions administered by the Department of the Treasury on acquisitions of supplies or services from prohibited sources

Section Federal Acquisition Regulation

Facts

Citation
FAR 25.701
Type
Section
Last amended
89 FR 61338 Effective Aug 29, 2024
Text as of
FAC 2026-01
Official text
acquisition.gov

Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.

Text

(a) Except as authorized by OFAC, agencies and their contractors and subcontractors must not acquire any supplies or services if any proclamation, Executive order, or statute administered by OFAC, or if OFAC’s implementing regulations at 31 CFR Chapter V, would prohibit such a transaction by a person subject to the jurisdiction of the United States.

(b) Except as authorized by OFAC, most transactions involving Cuba, Iran, and Sudan are prohibited, as are most imports from Burma or North Korea into the United States or its outlying areas. In addition, lists of entities and individuals subject to economic sanctions are included in OFAC’s List of Specially Designated Nationals and Blocked Persons at https://ofac.treasury.gov/specially-designated-nationals-and-blocked-persons-list-sdn-human-readable-lists. More information about these restrictions, as well as updates, is available in OFAC’s regulations at 31 CFR Chapter V and/or on OFAC’s website at https://ofac.treasury.gov/.

(c) Refer questions concerning the restrictions in paragraphs (a) or (b) of this section to the-

Department of the Treasury Office of Foreign Assets Control Washington, DC 20220 (Telephone (202) 622-2490).

Federal Register history

Final rule Published Effective
Federal Acquisition Regulation; Technical Amendments 89 FR 61338 · FAC 2024-06
Federal Acquisition Regulation; Certification Requirement and Procurement Prohibition Relating to Iran Sanctions 75 FR 60254 · FAC 2005-46
Federal Acquisition Regulation; FAR Case 2008-004, Prohibition on Restricted Business Operations in Sudan and Imports from Burma 73 FR 33636 · FAC 2005-26
Federal Acquisition Regulation; Removal of Sanctions Against Libya 71 FR 224 · FAC 2005-07
Federal Acquisition Regulation; Prohibited Sources 68 FR 56685 · FAC 2001-16
Federal Acquisition Regulation; Restrictions on Acquisitions from Yugoslavia and Afghanistan 65 FR 36027 · FAC 97-18

Quick answers

What is FAR 25.701?

FAR 25.701 is a section of the Federal Acquisition Regulation, titled "Restrictions administered by the Department of the Treasury on acquisitions of supplies or services from prohibited sources".

When was FAR 25.701 last changed?

The most recent final rule on record is "Federal Acquisition Regulation; Technical Amendments" (89 FR 61338), published Jul 30, 2024 and effective Aug 29, 2024.

Are changes to FAR 25.701 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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