Sample Certificate Language
Purpose: To provide general guidance to State agencies concerning the Investment Activities in Iran Act.
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:
The Investment Activities in Iran list is located at our website under Debarments.
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.
False Certifications: If an agency, using credible information, determines that a company has submitted a false certification regarding its investments in Iran, the agency must notify the company and provide the company 90 days to demonstrate in writing that it is not engaged in investment activities in Iran. If the company fails to demonstrate that it is not engaged in investment activities in Iran in that time, the agency shall report the company to the Attorney General and to the Board of Public Works.
Questions concerning this Advisory may be addressed to your agency’s legal advisor or the Board of Public Works staff.
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