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The Time to Choose Act of 2024 prohibits federal agencies from awarding contracts to management consulting firms that simultaneously hold contracts with the Government of the People's Republic of China or related entities. The bill requires consulting firms to certify they have no contracts with covered foreign entities before bidding on federal work, and establishes penalties including contract termination and debarment for false certifications. The bill allows case-by-case national security waivers subject to notification requirements to the Office of Management and Budget and Congress.
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