Here at SmallGovCon, we’re working to keep our readers informed of the rapidly changing situation involving COVID-19 and how federal contractors can adapt and thrive in meeting the federal government’s various needs. We’ve also raised some serious questions and provided practical advice for federal contractors.
There is also a roundup of other interesting news from the federal contracting world as you settle into this Easter weekend.
Continue readingThe title of this post is a touch misleading. Of course the Paycheck Protection Program is helping small businesses. But is it helping the right ones, and is it helping enough of them? Our post last week on the Paycheck Protection Program elicited a lot of feedback. From this feedback and what we’ve heard anecdotally, it’s been tough for many small businesses to get these loans.
But there may be ways for Congress, the SBA, and lenders to make this program–or any similar program that Congress is considering–to help out small businesses more equitably. Below are some questions that policy makers should consider when modifying the Paycheck Protection Program or crafting a similar program in the future.
Continue readingThe Coronavirus Aid, Relief, and Economic Security (CARES) Act created the Paycheck Protection Program as one tool to help small businesses. But it also provided for additional emergency funds under the SBA’s existing Economic Injury Disaster Loan (EIDL) program. Congress appropriated $10 billion for the program. Here are some of the main details on this program.
Continue readingThis past week, SmallGovCon continued to provide important updates and insights related to how federal contractors can prepare and support their business during this unprecedented response to the COVID-19 pandemic.
Because we’ve provided a lot of information, I’ve summarized what our authors discussed in the past week, as well as providing a roundup of other news in the government contracting arena.
Continue readingAs many contractors have heard, the President declared a state of emergency under the Stafford Act. What will this mean for acquisitions conducted while the COVID-19 emergency continues?
In this post, I’ll dig into some contractor-specific effects of that declaration: modifying the micro-purchase, simplified acquisition, and commercial purchase acquisition thresholds.
Continue readingThis week, the attorney-authors at SmallGovCon have provided recommendations, tips, and updates on how contractors can deal with the effects of COVID-19 on their work. In this week in review, I’ve highlighted some of those updates in case readers might have missed them. But I’m also sharing some of the news from other sources about federal contracting in the age of COVID-19 and other updates.
Continue readingThere are many questions facing contractors during this time of upheaval from the coronavirus and the impact on the federal government’s role buying from federal contractors. We’ll try to address as many of them as we can through our COVID-19 Contractors’ Toolkit.
One of the biggest questions is what can be done if the government modifies a contract, cancels work, or reschedules the performance of work. In that situation, it’s important to understand both the impacts on the prime contractor and any subcontractors.
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