Section 570.118 - Foreign Ownership DisclosureIf 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.86 FR 34979, July 1, 2021