Engineering Consultants Guidance News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Engineering consultants guidance. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Engineering Consultants Guidance Today - Breaking & Trending Today

All Is Not Forgiven: PPP Forgiveness And Credits - Government, Public Sector

All Is Not Forgiven: PPP Forgiveness And Credits - Government, Public Sector
mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.

United States , Robins Greenleaf , Carlosa Penin , Department Of Defense Do , Defense Contract Audit Agency , American Council Of Engineering Companies , Protection Program , Paycheck Protection Program , Treatment Of Paycheck Protection Program Funds , House Small Business , Federal Acquisition , What It Means , Government Contractors , Coronavirus Aid , Economic Security , House Subcommittee , American Council , Engineering Companies , Federal Highway Administration , Paycheck Protection Program Funds , Engineering Consultants Guidance , Federal Lands Highway , ஒன்றுபட்டது மாநிலங்களில் , ராபின்ஸ் பச்சை இலை , துறை ஆஃப் பாதுகாப்பு செய் , அமெரிக்கன் சபை ஆஃப் பொறியியல் நிறுவனங்கள் ,

All Is Not Forgiven: PPP Forgiveness And Credits | Morrison & Foerster LLP - Government Contracts Insights

On March 23, 2021, The House Small Business, Subcommittee on Contracting and Infrastructure held a remote hearing titled: “The Interaction Between the Paycheck Protection Program and Federal Acquisition Regulations: What It Means for Government Contractors.” The hearing focused specifically on the interplay between Paycheck Protection Program (PPP) loan forgiveness and Federal Acquisition Regulation (FAR) 31.201-5 “Credits,” and how that interplay impacts federal contractors that perform cost-type contracts. This meeting highlights an area where contractors have, at best, incomplete guidance. We will continue tracking these issues as new guidance is issued.
FAR 31.201-5 states that: “The applicable portion of any income, rebate, allowance, or other credit relating to any allowable cost and received by or accruing to the contractor shall be credited to the Government either as a cost reduction or by cash refund.” This provision applies to: (1) t ....

United States , Robins Greenleaf , Carlosa Penin , Department Of Defense Do , Department Of Transportation , Defense Contract Audit Agency , American Council Of Engineering Companies , Morrison Foerster , Morrison Foerster Llp , Interaction Between The Paycheck Protection Program , Paycheck Protection Program , House Small Business , Interaction Between , Federal Acquisition Regulations , What It Means , Government Contractors , Federal Acquisition Regulation , Coronavirus Aid , Economic Security , House Subcommittee , American Council , Engineering Companies , Highway Administration , Paycheck Protection Program Funds , Engineering Consultants Guidance , Federal Lands Highway ,