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Disclosure of Investment Activities in Iran
BID #: 208
DUE: 4/20/2022
VALUE: TBD
100
Rating
Risk Rank
Green Risk
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Executive Summary
This document represents a mandatory Disclosure of Investment Activities in Iran form, required for any person or entity submitting a bid or proposal, or seeking to enter into or renew a contract with the State of New Jersey. Issued under Public Law 2012, c. 25, this certification serves as a critical compliance component to ensure that contractors do not engage in prohibited investment activities in Iran. The core objective is to prevent state funds from directly or indirectly supporting entities involved in such activities, aligning New Jersey's procurement practices with its legislative mandates. Bidders must attest that neither they, nor their parents, subsidiaries, or affiliates, are identified on the New Jersey Department of Treasury’s Chapter 25 list, which enumerates persons or entities engaged in these proscribed investments. Failure to properly complete and submit this certification will unequivocally render the entire proposal non-responsive, thereby disqualifying the bidder from contract consideration and potentially incurring further penalties. This ensures a transparent and legally compliant procurement process for all state contracts.
To fulfill the requirements of this certification, prospective contractors must first meticulously review the Department of Treasury’s Chapter 25 list, accessible on the Division’s website at http://www.state.nj.us/treasury/purchase/pdf/Chapter25List.pdf, prior to making any attestations. The primary contractor qualification is the ability to certify non-engagement in prohibited investment activities as defined by Public Law 2012, c. 25. If a bidder is unable to provide this certification because they, or an affiliated entity, are listed or engage in such activities, they are mandated to provide a comprehensive, accurate, and precise description of these activities in Part 2 of the form. This detailed disclosure requires information including the name of the entity, its relationship to the bidder/offeror, a thorough description of the activities, the duration of engagement, and any anticipated cessation date. Additionally, contact details for the bidder/offeror, including a name and phone number, must be provided for verification purposes. There are no other general contractor licensing or experience requirements specified within this particular disclosure form, nor are any mandatory pre-bid meetings or site visits applicable to the submission of this specific compliance document.
Submission of this Disclosure of Investment Activities in Iran form requires bidders to complete Part 1 by checking one of the two designated boxes. One option certifies compliance with Public Law 2012, c. 25, indicating no prohibited investment activities in Iran, while the other acknowledges engagement and commits to full disclosure in Part 2. It is imperative that one of these boxes is checked, as failure to do so will result in the immediate rejection of the proposal as non-responsive. If Part 2 is required, all requested information concerning the investment activities must be thoroughly provided. The form concludes with a certification statement, which must be signed and dated by an authorized representative of the bidding entity. This signature affirms the truthfulness and completeness of the provided information and acknowledges that false statements carry severe consequences, including criminal prosecution and rendering any resulting contract void. While this document does not specify an exact submission deadline or require bid security/bonds, it must be submitted as an integral part of the overall bid package by the main bid's due date. No specific contact person for questions about this form is provided within the document itself, as it is a standard state-mandated attachment.
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Timeline
First Discovered
Jun 9, 2026
Last Info Update
Jun 11, 2026
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