Following approval last evening by the House of Representatives and signature earlier today by the President, Congress has green-lighted an additional $310 billion for the Payroll Protection Program (PPP), a provision under the CARES Act designed to assist small businesses that have been economically affected by the COVID-19 pandemic. Initially passed in late March, the […]
Response to COVID 19: GSA’s Waiver of BAA and TAA for Personal Protective Equipment Supplies
On April 3, 2020, GSA applied a class-wide waiver of the Buy America Act (BAA) and the Trade Agreements Act (TAA) for the acquisition of personal protective equipment for the following five federal supply classes (FSCs): FSC 4240 (N95 masks), FSC 6810 (bleach), FSC 6840 (disinfectants, including, cleaners, sprays, and wipes), FSC 7930 (cleaners), and […]
Call For Comments: Paycheck Protection Program (PPP)
On April 15, the Small Business Administration issued an interim final rule to the Paycheck Protection Program (PPP), a provision under the CARES Act designed to provide economic relief to small businesses that are struggling during the COVID-19 pandemic. The SBA invites the public to submit comments regarding the interim final rule, which applies to […]
2020 Virginia & Washington D.C. Super Lawyers
RESTON—April 16—Odin Feldman Pittleman is pleased to congratulate its 2020 Virginia and Washington, D.C., Super Lawyers and Rising Star: 2020 Virginia & Washington D.C. Super Lawyers Bruce Blanchard, Criminal Defense Leslye Fenton, Family Law Craig Franco, Business Litigation Donald King, Bankruptcy: Business Alexander Laughlin, Bankruptcy: Business 2020 Virginia & Washington D.C. Rising Star Sara Sakagami, […]
WEBINAR: Coping with COVID-19: SBA Updates on CARES Act Programs
The Washington Metropolitan Area District Office presents Coping with COVID-19: SBA Updates on CARES Act Programs to Help Small Businesses and Non-Profits Join Antonio Doss, District Director of the Washington Metropolitan Area District Office of the U.S. Small Business Administration (SBA), as he and his team conduct a webinar to discuss the financial tools and resources […]
NEW UPDATE – SBA Issues Interim Final Rule for the Paycheck Protection Program
Last night, April 2, the SBA issued an Interim Final Rule for the Paycheck Protection Program. You can find the Interim Rule here. These rules are not final but do contain multiple changes and interpretations of the Act that will affect the loan amount, potential repayments, among other items. In particular, the SBA is now […]
Paycheck Protection Program Under The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”)
As has been well publicized, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a $2 trillion economic relief package enacted to help individuals and businesses in the United States weather the severe financial impact of the COVID-19 pandemic. A key feature of the CARES Act is the creation of the Paycheck Protection […]
NEW DOD GUIDANCE ENCOURAGING FOR DEFENSE CONTRACTORS
On the heels of the Office of Management and Budget’s (OMB) memorandum encouraging agencies to consider requests for equitable adjustment (REAs) for increased costs related to COVID-19, the U.S. Department of Defense (DOD) issued a similar memorandum for defense agencies on March 30, 2020. (Our summary of the OMB memo can be found here.) The […]
US Department of Labor – Paid Sick Leave Provisions
The US Department of Labor (“DOL”) issued notice that covered employers are required to share regarding the recently passed paid sick leave provisions. That notice can be found here: https://www.dol.gov/sites/dolgov/files/WHD/posters/FFCRA_Poster_WH1422_Non-Federal.pdf If you are an employer with fewer than 500 employees, you are covered by these new provisions subject to possible exemptions. These leave benefits become […]