As predicted, the Senate has officially passed the latest Coronavirus relief package. The Paycheck Protection Program and Health Care Enhancement Act, colloquially referred to as “Phase 3.5” or “CARES Act II,” will contribute just under half a trillion dollars for critical economic and public health initiatives. The $484 billion legislation […]
Washington Update: April 21
04.21.2020
Late night negotiations between House Speaker Nancy Pelosi, Senate Democratic Leader Chuck Schumer, Treasury Secretary Steve Mnuchin, and White House Chief of Staff Mark Meadows on legislation replenishing the funds for the Paycheck Protection Program (PPP) have been productive. By nearly all accounts, a deal approaching nearly half a trillion […]
Washington Update: April 20
04.20.2020
While the pandemic continues to ravage parts of our country, the signature economic recovery program for small businesses, the Paycheck Protection Program (PPP), ran out of funds last week. Congress began this week with some optimism for a new deal. House Democrats awoke this morning to find a note from […]
With the pandemic impacting the construction industry, hundreds of millions of dollars of public construction revenues are at stake. Those impacted need to analyze their contractual rights and responsibilities immediately. Government construction projects forced or anticipated to shut down may result in the termination of a contract or contracts. Becker […]
Government contractors are a significant sector of the economy grappling with the devastating impact of COVID-19, the novel coronavirus. As state and local governments scale back a myriad of services, some by mandated government orders and others by the force of circumstances, contractors are and will continue to be significantly […]
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