Monday, April 6, 2020

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CARES Act: Small Business Loan Eligibility & “Affiliation” Issues Explained

The Coronavirus Aid, Relief, and Economic Security Act, known as the “CARES Act,” provides much-needed relief to “small” businesses in several areas, including by appropriating substantial money to support the 7(a) Loan Program and the Economic Injury Disaster Loan Program. However, determining whether one’s business is, in fact, an eligible “small” business has already proven […]
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Where’s the Money? Keep an Eye on the CARES Act

With the passage of the $2.3 trillion economic relief bill, things are happening at breakneck speed. More at Government Executive
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CARES Act Small Business Loans Move Forward but with Significant Revisions

In the early morning hours of April 3, 2020, SBA has released an overhauled Paycheck Protection Program (PPP) loan application form (SBA Form 2483) and Treasury has posted a draft temporary Interim Final Rule implementing Sections 1102 and 1106 of the CARES Act. Since the passage of the legislation a week ago and with only limited preliminary […]
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Lawmakers Look to Shield Defense Contractors from COVID-19 Fallout

Virginia Democrat Sen. Mark Warner and Texas Republican Rep. Mac Thornberry hope to protect national security by bolstering the industrial base. More at Federal Computer Week
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All Things Protest: Coronavirus Impacts on Procurements and Protests

Crowell & Moring’s “All Things Protest” podcast keeps you up to date on major trends in bid protest litigation, key developments in high-profile cases, and best practices in state and federal procurement. In this episode, hosts Olivia Lynch, Rob Sneckenberg, and Christian Curran discuss impacts the coronavirus pandemic is having on procurements and bid protests. […]
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COVID-19 Effects on Cleared Contractors

On March 30, 2020, the Defense Counterintelligence and Security Agency (DCSA) published COVID-19 NISP Guidance to describe for cleared industry how DCSA will conduct its oversight mission during the pandemic. That guidance includes, among other things: DCSA has suspended all enhanced security vulnerability assessments (ESVA) and other on-site activities. DCSA Industrial Security Representatives (ISR) will […]
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A Federal CIO Tells Industry How it Can Help During Cronavirus Pandemic

“If an agency reaches out to a vendor … try to respond with urgency — with a sense of urgency that’s not usual,” Dorothy Aronson, the CIO of the National Science Foundation and co-chair of the federal CIO Council’s Workforce Committee, said March 31. Read the full post at Federal Times
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The Coronavirus Relief Fund (CARES Act, Title V): Background and State and Local Allocations

The sudden decline in economic output following the COVID-19 outbreak has significantly altered the fiscal outlook for state and local governments. A sizable share of economic output derives from state and local government activity. These governments are generally required to balance their operating budgets every one or two years. Early evidence suggests that the COVID-19 […]
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New Paid Sick Leave Requirements Impact Government Contractors

Recent legislation significantly expanded many workers’ entitlement to paid sick leave and paid family leave. These new benefits take effect on April 1st. Our employment and benefits experts have described those requirements in a series of posts, including overviews, and New York-specific considerations. Federal government contractors should pay particular attention to these new benefits and […]
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CARES Act Paycheck Protection Program and SBA Economic Injury Disaster Loan Lifelines for Small...

With the Paycheck Protection Program (PPP) and funding for the Small Business Administration’s Economic Injury Disaster Loans (EDIL) unlocking a combined total of over $360 billion for loans to cover urgent business costs, including payroll costs, employee benefits and leave, mortgage interest payments, debt refinancing, rent and utilities, the CARES Act has extended an essential […]
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