Weekly Update for Government Contractors and Commercial Businesses – April 4, 2024

If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live!  here  and Clocking in with PilieroMazza  here .   GOVERNMENT CONTRACTS Federal Acquisition Regulation (FAR) Council Final Rule: Establishing FAR Part 40 On April 1, the Department of Defense, General Services Administration, and National Aeronautics and Space Administration published a Final Rule amending the FAR to . . . Read More

PilieroMazza and Cy Alba Receive Top Honors from JD Supra for Government Contracting Content

PilieroMazza is delighted to share that Isaias “Cy” Alba, IV , is listed among JD Supra’s 2024 Readers’ Choice Awards for content covering government contracting. Cy is distinguished with a third place ranking in the top ten list of authors—from a pool of over 2,000 authors—writing about all aspects of government contracting throughout 2023. The award recognizes Cy’s contributions to providing the government contracting community with engaging and relevant thought leadership. This is his fourth year earning this honor. The Firm also received recognition as a top firm for . . . Read More

Weekly Update for Government Contractors and Commercial Businesses – March 28, 2024

If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live!  here  and Clocking in with PilieroMazza  here .   GOVERNMENT CONTRACTS Agency for International Development (USAID) Final Rule: USAID Acquisition Regulation (AIDAR), Security and Information Technology Requirements On March 20, USAID published a Final Rule amending the AIDAR to incorporate a revised definition of “information technology” (IT) . . . Read More

Weekly Update for Government Contractors and Commercial Businesses – March 21, 2024

If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live!  here  and Clocking in with PilieroMazza  here .   GOVERNMENT CONTRACTS Novation and Recertification Requirements: A Post-Closing Guide for GovCon M&A Deals, PilieroMazza Blog, Isaias “Cy” Alba, IVAbigail “Abby” L. Baker After the sale or acquisition of a business or its assets, there are often one or more post-closing requirements that business . . . Read More

Unlocking the Potential of Phantom Equity: Incentive and Compensation Strategies to Attract and Retain Top Talent

Navigating the landscape of employee incentives can be complex, particularly when exploring non-traditional compensation methods. Phantom stock, also known as synthetic equity, offers a unique solution for business owners seeking to incentivize and retain key personnel without giving away ownership in the company. Below, PilieroMazza attorneys answer commonly asked questions regarding the nature of phantom stock, outlining its structure, benefits, and the strategic considerations involved with this valuable tool for attracting and retaining top talent. What is a phantom plan . . . Read More

Novation and Recertification Requirements: A Post-Closing Guide for GovCon M&A Deals

After the sale or acquisition of a business or its assets, there are often one or more post-closing requirements that business owners must complete. In deals involving government contractors, two of these requirements are especially important: contract novation and size recertification. Below, PilieroMazza attorneys provide a post-closing guide for government contractors on meeting novation and recertification requirements to avoid costly penalties such as loss of contract award or criminal liability. Overview Parties preparing to acquire a small business government contractor, . . . Read More

Corporate Transparency Act Updates for Government Contractors and Commercial Businesses: Constitutionality, Exemptions, and Substantial Control

The Corporate Transparency Act (CTA), which came into effect on January 1, 2024, has significant implications for government contractors and commercial businesses. This client alert summarizes recent developments in the CTA—including constitutionality, physical office requirements, unpopulated joint ventures, and substantial control—to help businesses comply and avoid harsh enforcement penalties.  If you formed an entity on or after January 1, 2024, and are not subject to one of the exemptions, then you must file your initial BOI report within 90 days from . . . Read More

Weekly Update for Government Contractors and Commercial Businesses – March 14, 2024

If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live!  here  and Clocking in with PilieroMazza  here .   GOVERNMENT CONTRACTS Keys to Avoiding GAO’s Timeliness Trap, PilieroMazza Blog, Isaias “Cy” Alba, IV , Eric Valle GAO’s recent decision in Marathon Medical Corporation provides a cautionary tale for government contractors seeking to protest the terms by which an agency conducts a procurement. . . . Read More

PilieroMazza Annual Review: What DOJ’s Annual FCA Report Means for Government Contractors

Click  here  to view the recorded session. The False Claims Act remains an effective enforcement tool for the Justice Department, obtaining judgments over $10 Billion in the last three fiscal years combined. While the FCA remains the primary vehicle for the government to recover funds obtained by fraud or a material misrepresentation, what trends and mitigation strategies should government contractors know now to better prepare for FCA enforcement in the future? Join  Matt Feinberg  and  Jackie Unger —attorneys from PilieroMazza’s  False Claims Act  and  Audits & Investigation teams —reveal key takeaways from . . . Read More