DoD, GSA, and NASA Adopt Final Rule Prohibiting Contracts with Inverted Domestic Corporations

Summary

The Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) have finalized a rule banning the award of contracts using government funds to foreign-owned companies treated as inverted domestic corporations, a provision enacted in the 2009 Omnibus Appropriations Act and continued in the 2010 Consolidated Appropriations Act.