White House Proposes Mandatory Disclosure of Political Contributions by Federal Contractors

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A proposed Obama Administration executive order would require all federal contractors to disclose political contributions and expenditures made by their principals and related entities during the two years prior to submitting a bid.

As a condition for receiving an award, contractors would be required to disclose the following contributions, if the annual aggregate amount of such contributions exceeds $5,000 to a given recipient:

- Contributions made to federal candidates or political parties by the bidding entity, its directors or officers, or any affiliates or subsidiaries within its control; and

- Contributions made to third party entities with the intention or reasonable expectation that the contributions will be used to make independent expenditures or electioneering communications

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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