Ep 1.02 The Impact of Russia Sanctions on US Firms

In this episode of Bona Fide Needs, Arnold & Porter Partner Mike McGill and PubKGroup Managing Editor Bill Olver cover a broad range of recent legal developments affecting government contractors.

Our headline feature this month is Mike’s broad discussion with Arnold & Porter partner Soo-Mi Rhee on the economic sanctions imposed by the United States government following Russia's invasion of Ukraine, and the impact of those sanctions on US companies, including federal contractors.

Mike also breaks down new procurement rules, including a new FAR rule amending the Buy American Act implementing regulations, a Department of Defense final rule on enhanced debriefings, and a proposed USDA rule requiring contractors to disclose labor and employment violations.

Bill rounds out the episode with a brief update on important developments for federal contractors, including recent action by the Biden administration on pay equity, GSA's response to inflation for Federal Supply Schedule contractors, and Assistant Attorney General Kenneth Polite's comments on DOJ's white collar enforcement.

© Arnold & Porter Kaye Scholer LLP 2022 All Rights Reserved. This Podcast is intended to be a general summary of the law and does not constitute legal advice. You should consult with counsel to determine applicable legal requirements in a specific fact situation.