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Four Cost Accounting Standards Are Gone: CAS Board’s GAAP-Conformance Rule Takes Effect

GovConFeed - Four Cost Accounting Standards came off the books on August 7, when the Office of Management and Budget's Cost Accounting Standards Board...

Cash Fringe Benefits  — Pros and Cons Under Prevailing Wage Laws

Abrahams Wolf-Rodda - For many government contractors, benefit plans are the more cost‑effective, employee-friendly, and compliant solution. But the ultimate decision is a business...

DOJ’s $5.15 Million FCA Settlement Reinforces Focus on Tariff and Customs Compliance

Sidley - On August 5, 2026, DOJ announced a $5.15 million settlement with a Taiwanese light-emitting diode (“LED”) manufacturer and its Texas-based subsidiary to...

The LOI Problem: How the Present Effect Rule Creates Affiliation Risk Investors and PE Buyers Aren’t Pricing In – The GovCon M&A Playbook, Part...

PilieroMazza - Private equity investors and strategic acquirers pursuing small business government contractors have largely absorbed one lesson from SBA’s 2025 recertification reforms. If...

Can You Trust AI During an Internal Investigation?

Volkov - When you’re conducting an internal investigation and using AI as a tool, you’re risking the use of a shifty informant. Let’s talk...

The DOL Has Opinions: FLSA

Dentons - After reinstating its Opinion Letter Program, the U.S. Department of Labor has been active in answering questions through the opinion letter process,...

Audit‑Dominated Risk Oversight Leaves Boards Blind to Modern Risks

Corporate Compliance Insights - Enterprise risk oversight anchored primarily in audit was once sufficient, but today, it is a blind spot, writes Adley John...

Contractors Trying to Comply with the Pentagon’s Anthropic Restrictions Are Running into an Unexpected Problem

Federal News Network - The Pentagon is beginning to enforce restrictions involving Anthropic, and defense contractors are starting to see the practical effects. Companies...

Judd Wire Pays $1.014M to Settle False Claims Act Charges Over Untested Navy Cable

GovConFeed - Judd Wire Inc., a Turners Falls, Massachusetts-based supplier of wire and cable to the U.S. Navy, has agreed to pay $1,014,000 to...

Federal Grant Recipients Face New Funding Delays and Compliance Uncertainty Under Senate FY 2027 Continuing Resolution

Clark Hill - On August 2, 2026, the Senate Appropriations Committee released its proposed Continuing Appropriations and Extensions Act, 2027 (“Senate CR”). As currently...

Customs Enforcement Heats Up: What Importers Need to Know

Quarles - A recent criminal case in Chicago highlights the administration’s commitment to pursuing criminal charges against individuals and companies involved in unlawful tariff...

SBA Finalizes Rule Regarding Social Disadvantage Requirements for Individually-Owned 8(a) Applicants

PilieroMazza - The SBA issued a final rule entitled “Reforms to 13 CFR 124.103 to remove SBA’s 8(a) Program’s rebuttable presumption of social disadvantage...
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