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FOCI: Foreign Ownership, Control, or Influence in Federal Contracting

September 14, 2023 @ 12:00 pm 1:00 pm

The 2020 National Defense Authorization Act instructed the Department of Defense (“DoD”) to improve reporting by contractors and subcontractors. The objective was to improve reporting and mitigation efforts to prevent foreign ownership from using the contracting base to obtain state secretes. The DoD complied with this mandate by publishing a new regulation establishing reporting requirements and possible mitigation measures.

FOCI: Foreign Ownership, Control, or Influence in Federal Contracting was last modified: June 23rd, 2023 by Julia Peterson