City Council Bars Iran-Linked Companies From Bidding On LA Contracts
LOS ANGELES (CBSLA.com) — City Council members Friday gave approval to a measure that prohibits companies that do business in Iran's energy industry from bidding on city contracts.
Council members voted 13-0 in favor of requiring companies which submit a contract with the city to fill out an affidavit stating compliance with the Iran Contracting Act of 2010 (PDF), which prohibits companies that have done at least $20 million worth of business with Iran's nuclear, petroleum and natural gas industries from bidding on state and local contracts of $1 million or more.
State lawmakers passed the legislation as part of an effort from the U.S. to pressure Iran to abandon efforts to pursue a nuclear weapons program.
Councilman Bob Blumenfield and City Attorney Mike Feuer, who both previously served in the state Assembly, were also behind the effort in Sacramento to implement the Iran Contracting Act.
According to city officials, Los Angeles does not appear to be engaged in contracts with any of the banned companies identified by the state.
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