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Weekly Update for Government Contractors and Commercial Businesses – February 2021 #4 | PilieroMazza PLLC

On February 10, 2021, the Small Business Administration (SBA) announced new policy changes to the Paycheck Protection Program (PPP) meant to address an ongoing issue loan applicants face regarding validation error codes. These error codes serve as validation checks to combat fraud and prevent improper loans from being issued to ineligible businesses. However, many eligible businesses have received such error codes during the application and forgiveness process, delaying necessary economic relief.
SBA’s new changes grant additional authorities to lenders for borrowers experiencing validation error code challenges. Read more here.
The First 100 Days: President Biden’s Buy American Executive Order, What Government Contractors Need to Know, February 11, 2021, Jackie Unger and Anna Sullivan ....

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Debatt, Høyre | At du gidder!

Debatt, Høyre | At du gidder!
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Weekly Update for Government Contractors and Commercial Businesses - January 2021 #3 | PilieroMazza PLLC

DOJ Announces FY 2020 Fraud and FCA Recovery Statistics: What They Mean for 2021, January 20, 2021, Matt Feinberg and Camilla Hundley
The Department of Justice (DOJ) announced that it recovered more than $2.2 billion in settlements and judgments from civil cases involving fraud and the False Claims Act (FCA) in Fiscal Year (FY) 2020 (ending September 30, 2020). DOJ’s FY 2020 fraud and FCA recovery statistics report accompanied the announcement. With a global pandemic that often delayed proceedings, the $2.2 billion in recoveries was DOJ’s lowest haul since 2008. Although the announcement and report revealed a significant decline in recoveries relative to FY 2019,
DOJ’s 2020 fraud and FCA statistics confirmed that the FCA remains an effective enforcement tool about which government contractors and companies that do business with government contractors should be wary in 2021 and beyond. Read more here. ....

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