The U.S. Department of Treasury (“Treasury”) and IRS issued proposed regulations (“Proposed Regulations”) on August 29, 2023, regarding increased credit or deduction amounts available under the Inflation Reduction Act of 2022...more
9/11/2023
/ Apprenticeships ,
Books & Records ,
Compliance ,
Davis-Bacon Act ,
Department of Labor (DOL) ,
Federal Contractors ,
Final Rules ,
Inflation Reduction Act (IRA) ,
Investment Tax Credits ,
IRS ,
Penalties ,
Prevailing Wages ,
Production Tax Credit ,
Proposed Regulation ,
Recordkeeping Requirements ,
Subcontractors ,
U.S. Treasury ,
Wage and Hour
The Inflation Reduction Act of 2022 (the Act) included multiple tax benefits for hydrogen production, storage and utilization, summarized in the following King & Spalding Client Alert. Many of these provisions became...more
2/23/2023
/ Apprenticeships ,
Davis-Bacon Act ,
Department of Energy (DOE) ,
Department of Labor (DOL) ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
Prevailing Wages ,
Production Tax Credit ,
Solar Energy ,
Wind Power
On December 27, 2022, Congress passed the Preventing Organizational Conflicts of Interest in Federal Acquisition Act (“the Act”), aiming to help identify and mitigate potential conflicts of interest between taxpayer-funder...more
Intellectual property (“IP”) rights can be one of the most valuable assets of a government contractor. There are several factors potential buyers can use to properly evaluate a government contractor’s IP in mergers and...more
5/4/2022
/ Acquisitions ,
Bayh-Dole Act ,
Data Rights ,
Department of Defense (DOD) ,
Federal Contractors ,
Federal Funding ,
Funding ,
Intellectual Property Protection ,
Mergers ,
Private Funds ,
Research and Development
Executive Order requires agencies to implement requirement for COVID-19 vaccination for all Federal Employees and Safety Protocols for Federal Contractors -
On September 9, 2021, President Biden issued two Executive Orders...more
On April 27, 2021, President Biden issued an Executive Order under his authority as President and through the Federal Property and Administrative Services Act, 40 U.S.C. 101 et seq., increasing the minimum wage paid to...more
On May 12, 2021, President Joe Biden issued a wide ranging Executive Order “On Improving the Nation’s Cybersecurity,” which was in the works after the SolarWinds cyberattack and arrived soon after a ransomware attack on the...more
5/19/2021
/ Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Data Protection ,
Department of Homeland Security (DHS) ,
DFARS ,
Dodd-Frank ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
FedRAMP ,
Joe Biden ,
National Security Agency (NSA) ,
NIST ,
OMB ,
Popular ,
Ransomware
Developing Contingency Plans: The NYDFS Mandate on Licensed Virtual Currency Businesses -
The events surrounding COVID-19 have increased the use of fintech products, both out of necessity and convenience. Shelter-in-place...more
4/17/2020
/ Banking Sector ,
Chief Information Security Officer (CISO) ,
Compliance ,
Confidential Information ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Cybersecurity Framework ,
Data Protection ,
Digital Assets ,
Disclosure Requirements ,
Financial Institutions ,
Financial Services Industry ,
Finetech ,
Information Technology ,
Insurance Industry ,
Notice Requirements ,
NYDFS ,
Payment Systems ,
Personally Identifiable Information ,
Popular ,
Risk Assessment ,
Risk Management ,
Third-Party Service Provider ,
World Health Organization
On Friday, March 13, President Trump announced he had directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic Petroleum Reserves (the “SPR”). The DOE immediately took action on March 19 by...more
Amid current low oil prices, there may be one bright spot for U.S. producers. On Friday, March 13, President Trump announced he has directed the U.S. Department of Energy (the “DOE”) to begin purchasing oil for the Strategic...more
On January 31, 2020, the Department of Defense (DoD) released the latest version (Version 1.0) of its Cybersecurity Maturity Model Certification (CMMC) framework, setting forth future cybersecurity requirements for thousands...more
3/5/2020
/ Certification Requirements ,
Controlled Unclassified Information (CUI) ,
Cybersecurity ,
Cybersecurity Maturity Model Certification (CMMC) ,
Defense Contracts ,
Defense Sector ,
Department of Defense (DOD) ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
NIST ,
Request For Information ,
Third Party Assessment Organization (3PAO)