Murky Waters for Government Contractors Receiving PPP Funds

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Government contractors, constantly vigilant and monitoring compliance with Federal Acquisition Regulations are faced with unprecedented uncertainty and questions surrounding acceptance of Paycheck Protection Program (PPP) funds and payments under Section 3610 of the CARES Act. Contractors must consider a) the ban against ‘double dipping’ of funds and b) must also consider that loan forgiveness under the PPP may be interpreted as a credit due back to the government in accordance with FAR 31.201-1 (a).

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Interest on all student loans held by the Federal Government Waived due to COVID-19

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Summary of Keypoints Relief measure announced: Interest on all student loans held by the Federal Government was waived due to COVID-19, providing temporary financial relief to borrowers. Eligibility confirmation: Borrowers are instructed to contact their loan servicer online or by phone to confirm whether their loans qualify for the interest waiver. Finding your loan servicer:…

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Alert – how to handle the government shutdown as a Federal contractor.

Government Shutdown

Summary of Keypoints Situation overview: A partial federal government shutdown has begun, creating uncertainty for federal contractors and requiring immediate contract-by-contract assessment. Prime contractor guidance: Contractors should maintain close communication with the Contracting Officer (CO/KO), COR, and COTR; stop work on unfunded contracts; and follow any stop-work orders issued on funded contracts. Funded contracts without…

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George Mason University School of Business – Center for Government Contracting Launch

GMU School of Business

Summary of Keypoints Event: Launch of George Mason University School of Business Center for Government Contracting in 2018. Role: Jennifer Eubanks, Managing Partner of Eubanks Accounting & Advisory, supported the Center as an Advisory Board member and participant on the Accounting Sub-Committee. Engagement: Jennifer Eubanks led discussions with SCORE mentors on accounting systems audits and…

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