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 funded by appropriations to foreign-owned entities classified as inverted domestic corporations or their subsidiaries, as mandated by the Consolidated Appropriations Act of 2012.