Nebraska Statutes

§ 73-907 — Violations of act; contract; null and void; liability; action; procedure

Nebraska·Ch. 73 Public Lettings and Contracts
(1)Any contract entered into in violation of the Foreign Adversary Contracting Prohibition Act shall be null and void.
(2)Any scrutinized company that violates section 73-904 or that violates the certification provided pursuant to section 73-905 :
(a)Shall be liable for a civil penalty in an amount equal to the highest of the following three amounts:
(i)Two hundred fifty thousand dollars;
(ii)Twice the amount of the contract for which a bid or proposal was submitted; or
(iii)The amount of any losses suffered by the public entity as a result of such violation; and
(b)Shall be ineligible to enter into any contract with any public entity for a period of five years.
(3)The Attorney General may bring an action in any court of competent jurisdiction against any person that violates th

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Legislative History

Source: Laws 2024, LB1300, § 13.

Nearby Sections

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