Previously we reported on the various types of loan relief available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law on March 27, 2020. The Paycheck Protection Program (PPP), implemented by the Small Business Administration (SBA), with support from the Department of the Treasury, is a key program to provide
Helping individuals, companies, and organizations understand key legal and practical considerations for promoting compliance and making better business decisions in these types of federal, state, and local government contracting matters MORE
Small Business Administration
One for All and All for One SBA Mentor-Protégé Program
By Judith Araujo on
At their best, the mentor-protégé programs administered by the Small Business Administration (SBA) are programs whereby large business mentors may partner with small business protégés—providing the small business with resources, knowledge, and an overall enhancement of capabilities. The program also provides that, under certain circumstances, the mentor-protégé team can also jointly venture to compete for…
COVID-19 Recovery: Are You Ready for the SIGPR?
By Susan Ebner on
The COVID-19 pandemic hit the United States in 2020 and Congress responded with legislation to provide a variety of forms of relief to small and large businesses and nonprofits, as well as individuals. In addition to providing relief under vehicles such as the Small Business Administration’s Paycheck Protection Program (PPP), Economic Injury Disaster Loans (EIDL),…
DoD Increases the Justification and Approval Threshold for Its Sole Source Contract Awards to 8(a) Contractors to $100 Million
By Susan Ebner on
Implementing Section 823 of the National Defense Authorization Act for Fiscal Year 2020 (NDAA FY ‘20), on July 5, 2020, the Department of Defense (DoD) amended the DoD Federal Acquisition Regulation Supplement (DFARS) to increase the threshold for requiring sole source justifications of awards to Small Business Administration (SBA) certified 8(a) small disadvantaged businesses. …
New Law Makes Major Changes to the Paycheck Protection Program
By David Jenson, Gerald Weidner, Judith Araujo & Susan Ebner on
The Paycheck Protection Program Flexibility Act of 2020, H.R. 7010 (PPPFA) recently passed by Congress and signed by the president on June 5, 2020 makes significant changes to the Paycheck Protection Program (PPP) in an effort to provide greater flexibility and benefits to borrowers. The implementation of these changes will depend in part upon further…