Opportunity
Federal Register #2026-19978
OFAC Final Rule Amending Iranian Transactions and Sanctions Regulations
Buyer
U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC)
Posted
September 30, 2026
Identifier
2026-19978
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a final rule updating Iranian sanctions regulations. - Government buyer/issuing office: U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC). - Action: Amends the Iranian Transactions and Sanctions Regulations, 31 CFR part 560, to implement provisions of Iran-related Executive Order 13902. - Key changes: Revises an existing definition and exemption; adds exemptions for certain humanitarian transactions involving agricultural commodities, food, medicine, and medical devices, and for official United Nations business; amends rules on prohibited transactions involving blocked property; and clarifies the definition of Iran for specified provisions. - Procurement scope: No products, services, quantities, part numbers, OEMs, or vendors are requested or identified.
Description
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a final rule amending the Iranian Transactions and Sanctions Regulations, 31 CFR part 560. The rule implements certain provisions of the January 10, 2020 Iran-related Executive Order 13902, revises an existing definition and exemption, and incorporates two exemptions from that order. The amendments revise regulations concerning prohibited transactions involving blocked property, humanitarian transactions, official United Nations business, and the definition of Iran for specified provisions. The rule is effective September 30, 2026.