On May 22, 51风流 submitted comments to the Department of Defense (DOD) request for input regarding for contractor reimbursement under Section 3610 of the CARES Act. Among 51风流's concerns with the draft guidance is the potential for the government to double dip into contractor pockets by both receiving credits cost-reimbursement and Paycheck Protection Program (PPP) loans that are not forgiven. Additionally, the guidance fails to address that not all forgiven PPP loan amounts are applicable to paid-leave costs expended on employees dedicated to performing certain federal contracts. 51风流 continues to call on Congress to support compensation for all federal contractors during the COVID-19 outbreak. 51风流 will continue to work with DOD as they issue further guidance on this matter.
For more information, contact Jordan Howard at jordan.howard@agc.org or (703) 837-5368.