On May 5, 2020, the Small Business Administration (“SBA”) and U.S. Treasury Department (“Treasury”) revised their FAQ concerning the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and the Paycheck Protection Program (“PPP”). Of note, this new guidance clarifies PPP loan forgiveness amount calculations and extends the deadline for PPP borrowers to return loan proceeds. According to Question 40 of the FAQ, a PPP loan borrower’s forgiveness amount will not be reduced should the company make a good faith attempt, . . . Read More
Click here to view the recorded session. If Service Contract Act (SCA) compliance wasn’t tricky enough already, federal and state programs providing for COVID-related leave and payments have raised unique SCA compliance concerns. In a time of uncertainty, the last thing government contractors need is to take an action that could precipitate a Department of Labor (DOL) investigation or client scrutiny. Join PilieroMazza’s Nichole Atallah and Sarah Nash as they examine practical strategies government contractors can implement to help avoid SCA . . . Read More
Presented by Nichole Atallah and Sarah Nash . If Service Contract Act (SCA) compliance wasn’t tricky enough already, federal and state programs providing for COVID-related leave and payments have raised unique SCA compliance concerns. In a time of uncertainty, the last thing government contractors need is to take an action that could precipitate a Department of Labor (DOL) investigation or client scrutiny. Join PilieroMazza ’s Nichole Atallah and Sarah Nash as they examine practical strategies to help avoid SCA pitfalls when implementing COVID-related leave and payment policies. Learning . . . Read More
In COVID-19 times, one of the ongoing challenges for contractors is how to obtain upward equitable adjustments for increased operating costs due to the crisis. These costs could include more janitorial services, reconfiguring and/or refurnishing workspaces, changing processes and/or systems, overcoming supply chain fluctuations, enabling more remote work, compartmentalizing work groups, implementing shift work, allotting administrative time for health checks, giving more transportation and parking benefits, providing Personal Protective Equipment (“PPE”), adding headcount made necessary by changes, as well as . . . Read More
H.R. 266 , the Paycheck Protection Program and Health Care Enhancement Act, was signed into law today. Appropriating $484 billion in relief for the COVID-19 outbreak, it provides additional funding for small business loans, healthcare providers, and COVID-19 testing. The Small Business Administration (SBA) has been unable to accept new applications for the Paycheck Protection Program or the COVID-19 related Economic Injury Disaster Loan (EIDL) assistance program (including EIDL Advances) because Coronavirus Aid, Relief, and Economic Security Act funding was exhausted. The . . . Read More
Under the CARES Act, Congress set aside $100 billion for the Public Health and Social Services Emergency Fund (the Provider Relief Fund) to reimburse healthcare providers for healthcare-related expenses or lost revenues attributable to the Coronavirus (COVID-19); the Paycheck Protection Program and Health Care Enhancement Act, which President Trump signed into law, will provide an additional $75 billion to the Provider Relief Fund. Eligible healthcare providers that provide diagnoses, testing, or care for individuals with possible or actual cases of . . . Read More
Click here to view the recorded session. While shelter-in-place orders and social distancing redefine the workplace, many industries are required to keep essential services up and running. Essential industries were estimated to employ anywhere from 49 to 62 million workers prior to the COVID-19 outbreak. A portion of these workers will continue to report to their jobs and ensure that the rest of the country can maintain some semblance of a typical life during this crisis. Facing additional risks from COVID-19, . . . Read More
