Nov 24, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Procurement
Government contractors, like most businesses, have faced difficult operational and financial challenges since the emergence of the COVID-19 pandemic in March of this year. Quick federal legislation with contractor relief mechanisms followed with the $2.2 trillion...
Aug 17, 2020 | Other Government Regulatory Topics, Procurement
The CARES Act authorizes the government to reimburse qualifying contractors for the costs of providing certain paid leave to employees as a result of the COVID-19 pandemic. The Defense Pricing and Contracting resource page provides information regarding reimbursement...
Aug 17, 2020 | Government Contract Accounting, FAR, and CAS, Procurement, Procurement Fraud/False Claims Act Investigations, Uncategorized
A Coordinated National Response to Combat Antitrust Crimes and Related Schemes in Government Procurement, Grant, and Program Funding It is time for government contractors to revisit their compliance programs and ensure they have effective controls that mitigate the...
Jun 19, 2020 | Procurement, Regulatory Updates
The CARES Act includes the Small Business Administration’s Paycheck Protection Program (PPP) loans for eligible small businesses, emergency grant funding, and a path for loan forgiveness if funds are used for payroll and related costs.[1] PPP loan funds can be used...
Jun 12, 2020 | Other Government Regulatory Topics, Procurement, Regulatory Updates
USAID COVID FAQs were updated on June 12, 2020, and its Guidance on Procuring Personal Protective Equipment (PPE)/Covered Material was updated June 8, 2020. USAID also reached out to the Office of Management and Budget (OMB) to find out if it is planning to extend the...
Apr 6, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Other Government Regulatory Topics, Procurement
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law by President Trump on March 27, 2020. The stimulus bill, enacted in response to the ongoing COVID-19 crisis, contains provisions directed at government...