Bill > HB1841

This bill, known as the "Procurement Protection Act," aims to protect Tennessee's state and local government procurement processes from foreign adversaries. It prohibits certain foreign entities, such as companies owned or controlled by the governments of China, Russia, Iran, North Korea, Cuba, Venezuela, or Syria, as well as federally banned corporations, from bidding on or submitting proposals for state or local government contracts. The bill also requires companies bidding on contracts to disclose any recent business relations with foreign adversaries or their companies, and to certify that they have not had business operations involving military entities, foreign adversary companies, or federally banned corporations within the past 60 months. Failure to comply with these provisions can result in civil penalties, contract termination, and temporary ineligibility to bid on state contracts.