Detecting and Preventing Fraud for PPP Loans
With the extension of the PPP application, lenders should continue to be vigilant about the increased risk of fraud.
Restaurant Revitalization Fund Is Coming – An Update on What We Know
The Restaurant Revitalization Fund is coming – SBA website soon to be operational – applicants should be ready.
Are You Ready for a Fixed-Price Future?
On January 15, 2021, the Office of Management and Budget issued a memorandum (M-21-11) to the heads of all executive departments and agencies entitled “Increasing Attention on Federal Contract Type Decisions”.
The Effect of COVID-19 on Retail Rental Real Estate Market
Retail rental tenants like brick-and-mortar stores and restaurants had a tough year in 2020. Many had varying levels of success by shifting to online platforms, though not everyone was able to quickly adapt.
The Impact of Biden’s Proposed $2.3 Trillion Infrastructure Plan on the Construction Industry
President Biden recently unveiled his new $2.3 trillion infrastructure package, the American Jobs Plan. The construction industry will benefit in several ways, but there are mixed reactions on different aspects of the legislation.
Single Audit Deadline Delayed by Six Months
On March 19, 2021, the Office of Management and Budget issued a memo directing federal agencies to delay, by six months, the deadline for recipient organizations to submit Single Audits. The new deadlines are September 30, 2021 and March 31, 2022.
Defense supply chain for government contractors is under microscope
Government contractors should be prepared to comply with new regulations after two executive orders early in the Biden administration.
Preparing for Another COVID-19 Construction Site Shutdown
Even in a post-coronavirus economy, the potential for another public health crisis or national emergency remains elevated. What can construction companies do to protect their assets and plan for another site shutdown?
IT risk management for nonprofits: Securing your technology and data
Nonprofit organizations must understand how to implement strategies to protect technology and information assets.
COVID-19 Relief Money Available for Virginia Non-Public Schools
Non-public schools have an opportunity to apply for federal funding through the Emergency Assistance to Non-Public Schools (EANS) Program. Virginia participates in this program, but administrators should act quickly as the funds are limited.