United States Congress
Time to Choose Act of 2024
February 27, 2024
Summary
The Time to Choose Act of 2024 prohibits consulting firms from simultaneously holding contracts with the U.S. government and certain foreign entities (e.g., the Chinese government or Communist Party). It requires firms to certify they have no such foreign contracts before receiving federal consulting awards, with penalties for false certifications including contract termination and False Claims Act liability.
AI-generated summary · May 30, 2026. Verify with your compliance counsel before acting.
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Source: https://www.congress.gov/bill/118th-congress/s-bill/3810
Common questions
- What does "Time to Choose Act of 2024" cover?
- The Time to Choose Act of 2024 prohibits consulting firms from simultaneously holding contracts with the U.S. government and certain foreign entities…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on February 27, 2024.