In general
Except as provided in subsection (b), and pursuant to such regulations as the President may prescribe, the head of an executive agency may not enter into or renew a contract, on or after the date that is 90 days after , for the procurement of goods or services with a person that exports sensitive technology to Iran.
Authorization to exempt certain products
section 2518(4) of title 19section 2511(b) of title 19The President is authorized to exempt from the prohibition under subsection (a) only eligible products, as defined in , of any foreign country or instrumentality designated under .
Sensitive technology defined
In general
Exception
section 1702(b)(3) of title 50The term “sensitive technology” does not include information or informational materials the exportation of which the President does not have the authority to regulate or prohibit pursuant to .
Government Accountability Office report on effect of procurement prohibition
Not later than 1 year after , the Comptroller General of the United States shall submit to the appropriate congressional committees, the Committee on Armed Services of the Senate, and the Committee on Armed Services of the House of Representatives, a report assessing the extent to which executive agencies would have entered into or renewed contracts for the procurement of goods or services with persons that export sensitive technology to Iran if the prohibition under subsection (a) were not in effect.
Pub. L. 111–195, title I, § 106124 Stat. 1336(, , .)
Termination of Section
section 8551(a) of this titleFor termination of section, see .
Executive Documents
Delegation of Functions
section 8501 of this titleFor delegation of functions of President under this section, see Memorandum of President of the United States, , 75 F.R. 67025, set out as a note under .