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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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How Biden's 'Buy American' plan is different from Trump's


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To understand how the Biden team is really trying to do something here and they are candid about this being a long-term project you need a little background.
Beginning in 1933, our country has had a variety of “Buy American” provisions peppered through federal and state law. The core “Buy American” obligations apply to federal procurements, but these obligations also seep through to state and local government purchases when those purchases are made, in whole or in part, with federal funding.
Not only are these laws complex, but they are widely ignored. For example, in 2016 California’s state auditor found that the California Department of Education had failed to ensure the state’s school districts comply with the Buy American provisions for federal monies received for school lunch programs. Drilling down to the school district level, the auditor concluded that none of the school districts reviewed “had adequate policies and procedures fo ....

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Why 'Buy American' doesn't do enough for the economy and national security


Why ‘Buy American’ doesn’t do enough for the economy and national security
MarketWatch
2/4/2021
OUTSIDE THE BOX
President Joe Biden is making America’s industrial base a top priority; since taking the oath of office he has issued a Buy American Executive Order and put out his plan to increase the use of the Defense Production Act.
While the goal of stronger American manufacturing is worth pursuing, a Buy American approach is unfortunately counterproductive. The Biden administration instead should focus on reshoring industrial capacity with a little help from our friends to bolster our supply chains in areas of greatest need.  ....

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