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Government Acquisition Council Provides Preview of Vaccine Mandate Clause for Federal Contractors

Late yesterday, the Civilian Agency Acquisition Council (CAAC) released guidance prescribing a class deviation from the Federal Acquisition Regulations (FAR) in order to implement President Biden’s vaccine mandate for certain...more

SBA Adopts New Process for Absolving Fraudulent Loans in Attempt to Provide Certainty to Affected Businesses

The Paycheck Protection Program (“PPP”) was created on March 27, 2020 as part of the first COVID-19 relief package. Over the past year, Congress appropriated almost $700 billion to the PPP in an effort to provide forgivable...more

A Big Win for Small Businesses: Biden Administration Announces Further Changes to Distribution of PPP

In the wake of COVID-19, small businesses have faced unique challenges and hardships. In response, the government created a federal relief program under the CARES Act, the Paycheck Protection Program (PPP), aimed toward...more

New Commerce Rule Injects Uncertainty Into Foreign Transactions Involving Information and Communications Technology

On January 14, 2021, the U.S. Department of Commerce issued an interim final rule to address national security, economic security, and public health and safety concerns related to Information and Communications Technology and...more

Ongoing Executive Order 13950 Controversy Demonstrates Why Government Contractors May Want to Closely Monitor the Presidential...

As with any presidential (or governor) transition, significant changes occur in regard to the executive offices’ regulatory enforcement priorities and changes from the previous administration. Because the majority of rules...more

Cost Recovery and Delay During COVID-19 - How Government Contractors Can Safeguard Themselves and Mitigate Potential Losses

As the COVID-19 crisis progresses, government contractors continue to see significant impacts on their ability to provide goods and services to federal, state, and municipal government agencies. These issues range from...more

Senate COVID-19 Emergency Bill Delivers Assistance to U.S. Small Businesses

Congressional and executive branch leaders reached an agreement on a $2 trillion relief package to address the economic impact of COVID-19. The Senate quickly passed the measure, which now moves on to the House for a...more

The Pitfalls of Foreign Transactions During COVID-19

The COVID-19 pandemic continues to have drastic effects on the U.S. economy, along with business operations and the ability to obtain sustainable financing. With unexpected work stoppages and revenue loss, many businesses are...more

SBA Offers Small Business COVID-19 Emergency Disaster Loans

Last week, Congress passed the Coronavirus Preparedness and Response Supplemental Appropriations Act to provide relief for the COVID-19 pandemic. As part of this Act, Congress provided the Small Business Administration (SBA)...more

Federal Court Rescinds $2 Million OFAC Penalty Against Exxon: Lessons Learned in Seeking Guidance for International Transactions

On New Year’s Eve, a federal court relieved ExxonMobil of a $2 million fine levied against the company by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”). OFAC imposed the penalty against Exxon for...more

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