---
kind: "section"
citation: "48 C.F.R. § 570.118"
title: "48"
number: "570.118"
heading: "Foreign Ownership Disclosure."
url: "https://uscodex.org/cfr/48/570.118"
---

# §570.118. Foreign Ownership Disclosure.


If a foreign ownership disclosure is made pursuant to clause 552.270-33:

- (a) The contracting officer shall notify the Federal tenant for the leased space in writing:
  - (1) If the disclosure is made during the lease acquisition process, the contracting officer shall notify the Federal tenant prior to lease award.
  - (2) If the disclosure is made concurrent with a request for novation, the contracting officer shall notify the Federal tenant prior to executing the novation.
  - (3) If the disclosure is made concurrent with a renewal option or extension, the contracting officer shall notify the Federal tenant prior to executing the renewal option or extension.
- (b) The contracting officer shall coordinate with the Federal tenant regarding security concerns and any necessary mitigation measures.

## Notes

### Amendments

[86 FR 34979, July 1, 2021]

### Authority

Authority: 40 U.S.C. 121(c).

### Source

Source: 64 FR 37265, July 9, 1999, unless otherwise noted.

### Amendments

[86 FR 34979, July 1, 2021]