SBA Issues Guidance for PPP Lenders on Required Consents for Change in Ownership of PPP Borrowers
On Friday, October 2, the U.S. Small Business Administration (SBA) issued guidance for lenders administering loans under the Paycheck Protection Program (PPP) regarding what involvement by the SBA (if any) is required when a PPP borrower undergoes a transaction resulting in a change in ownership. This guidance addresses several questions with which PPP borrowers and lenders have been struggling over the past several weeks and provides clarity around what the expectations are for when SBA consent is required and what . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – September 29, 2020
If you have questions concerning the content below, please visit this link . WEBINAR: Revisiting Executive Compensation and Employee Incentive Plans, October 20, 2020, Nichole Atallah and Kathryn Hickey. [ Read More ] WEBINAR: SBA in FY21: What’s Ahead for the Small Business Programs, October 14, 2020 PilieroMazza is a proud sponsor of the Small and Emerging Contractors Advisory Forum (SECAF), and PilieroMazza Partner Jon Williams is the Co-Chair of SECAF’s Planning Committee. On October 14, 2020, SECAF will be hosting a panel discussion focused on the . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – September 23, 2020
If you have questions concerning the content below, please visit this link . WEBINAR: Build a Competitive B2G Marketing Strategy with Available Market Research, September 30, 2020 PilieroMazza has 5 tickets available for the Howard County Chamber GovConnect’s webinar at 8:30 AM ET on September 30, 2020. Read more here . Contact [email protected] for ticket availability. WEBINAR: SBA in FY21: What’s Ahead for the Small Business Programs, October 14, 2020 PilieroMazza is a proud sponsor of the Small and Emerging Contractors Advisory Forum (SECAF), and partner Jon Williams . . . Read More
CCPA Regulations Approved: Companies Risk Penalties for Noncompliance
Effective immediately, the California Office of Administrative Law (OAL) approved final regulations for the California Consumer Privacy Act (CCPA) on August 14, 2020. The final text of the regulations is available here . The CCPA grants California consumers robust data privacy rights and control over their personal information. Companies that do business with California consumers now risk penalties for noncompliance. Further, on August 30, 2020, the California legislature passed Assembly Bill 1281 , extending the CCPA’s employee exemption and the CCPA’s business-to-business exemption by . . . Read More
OFCCP Audits Are Coming: 6 Tips to Help You Prepare
The Office of Federal Contract Compliance Programs (OFCCP) just released its FY 2020 lists of Supply & Service and Construction contractors the agency expects to audit (see FY 2020 CSAL Supply & Service and FY 2020 CSAL Construction ). With enforcement a primary goal of OFCCP, preparing for an audit is key. If your company is on the list, PilieroMazza’s Labor & Employment team suggests you follow these 6 tips to properly prepare for an OFCCP audit to avoid potential penalties and possible loss of your government contract. Also, join . . . Read More
Court Vacates Key Parts of DOL “Joint Employer” Rule Months After Implementing
On September 8, 2020, the Southern District of New York struck down a recent Department of Labor (DOL) final rule that changed the standard of joint employment under the Fair Labor Standards Act (FLSA). The court determined that the rule conflicted with the FLSA and that the DOL did not properly justify the new change in policy. This decision will expose more companies to potential liability under the FLSA and increase the number of businesses that qualify as joint employers, such as those who . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – September 14, 2020
If you have questions concerning the content below, please visit this link . COVID-19 Client Resource Center: To access resources for businesses navigating the COVID-19 crisis, we invite you to visit PilieroMazza’s “COVID-19 Client Resource Center.” Please contact [email protected] for immediate assistance. LABOR & EMPLOYMENT CLIENT ALERT: New Minimum Wage Requirements for Government Contractors May Impact Price Adjustments, September 10, 2020, Nichole Atallah Effective January 1, 2021, the Executive Order minimum wage rate that generally must be paid to workers performing work on or in connection with covered government . . . Read More
New Minimum Wage Requirements for Government Contractors May Impact Price Adjustments
Effective January 1, 2021, the Executive Order (the Order) minimum wage rate that generally must be paid to workers performing work on or in connection with covered government contracts will increase to $10.95 per hour, while the required minimum cash wage that generally must be paid to tipped employees performing work on or in connection with covered contracts will increase to $7.65 per hour. Each year, the Department of Labor (DOL) assesses the established minimum wage and, using determined methodology, announces an . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – September 8, 2020
If you have questions concerning the content below, please visit this link . COVID-19 Client Resource Center: To access resources for businesses navigating the COVID-19 crisis, we invite you to visit PilieroMazza’s “COVID-19 Client Resource Center.” Please contact [email protected] for immediate assistance. GOVERNMENT CONTRACTS Jackie Unger Elevated to Counsel in PilieroMazza’s Government Contracts Group, September 1, 2020 PilieroMazza is pleased to announce that Jackie Unger has been elevated to Counsel in the Firm’s Government Contracts Group effective September 1, 2020. The Group’s Practice Chair, Tony Franco , said: “Jackie is one of . . . Read More
FAR Council Issues New Interim Rule on Section 889 Prohibitions on Using Chinese Telecommunications and Video Surveillance Equipment
If you have not viewed PilieroMazza’s prior client alert and webinar on the implications of the new prohibition on the use of certain Chinese telecommunications and video surveillance equipment, we highly recommend you do so before reading this article as it will provide helpful background and information which we will not rehash in this article. You can find that content here and here , respectively. The FAR Council released a new interim rule , effective October 26, 2020, allowing federal contractors who already certified in . . . Read More