; (B) providing financing, logistics, training, or intelligence to a person described in subparagraph (A); (C) engaging in foreign intelligence activities against the United States or partners and allies; (D) engaging in transnational organized crime or criminal activities; or (E) engaging in other activities that present a direct or indirect risk to United States or partner and allied missions and forces. ; (3) in paragraph (2), as so redesignated, by striking with an estimated value in excess of $50,000 that is performed outside the United States, including its territories and possessions, in support and all that follows through the period at the end and inserting that is performed outside the United States, including its territories and possessions. ; (4) by amending paragraph (3), as so redesignated, to read as follows: (3) Covered person or entity The term covered person or entity means any person, corporation, company, limited liability company, limited partnership, business trust, business association, or other similar entity outside of the United States or any foreign reporting company in accordance with section 5336(a)(11)(A)(ii) of title 31, United States Code, that is responding to a covered solicitation or performing work on a covered contract, grant, or cooperative agreement. ; and (5) by inserting after paragraph (3), as so redesignated, the following new paragraphs: (4) Covered procurement action The term covered procurement action means an action taken by a head of contracting activity to— (A) exclude a person or commercial entity from award with or without an existing contract, grant, or cooperative agreement; (B) terminate an existing contract, grant, or cooperative agreement for default