COVID-19 | The Contracting Education Academy

October 7, 2020 By cs

10 tantalizing topics testing procurement in the new fiscal year

Change is in the air.

The leaves are beginning to fall to the ground, the morning air is turning crisp, the days are getting shorter — all signaling that we are approaching the end of the government fiscal year.

The beginning of a new fiscal year provides an opportunity for reflection, during which, we can look ahead at the issues and questions that likely will shape procurement over the coming year.

With that in mind, here are 10 topics that surely will be of interest across the procurement stakeholder community.

Keep reading this article at: https://federalnewsnetwork.com/commentary/2020/09/10-tantalizing-topics-testing-procurement-in-the-new-fiscal-year/

October 2, 2020 By cs

DoD explains how contractors will get reimbursed for COVID expenses — if Congress cuts a check

With lawmakers and the White House unable to come to an agreement on a new coronavirus stimulus package, it’s unlikely that money requested to reimburse defense contractors for pandemic-related expenses will reach these companies until at least the second quarter of 2021, according to the Pentagon’s top weapons buyer.

Ellen Lord, defense undersecretary for acquisition and sustainment, laid out the reimbursement process. She said it would take the Pentagon five to six months to distribute those funds after they are approved by Congress.

“Then we want to look at all of the proposals at once,” Lord said at a recent Defense News Conference. “It isn’t going to be a first in, first out, and we have to rationalize using the rules we’ve put in place what would be reimbursable and what’s not.”

Lord estimated that the tab for defense contractors’ pandemic expenses from March 15 to Sept. 15 would come to “between $10 and $20 billion.”

Keep reading this article at: https://www.defenseone.com/business/2020/09/dod-explains-how-contractors-will-get-reimbursed-covid-expenses-if-congress-cuts-check/168344/

September 4, 2020 By cs

VA awards sole source contract to upgrade, automate its COVID-19 visualization tool

Contracting officials justified the $1.5 million award by citing a $6 million price tag to fully replace the tool.

The Veterans Affairs Department is using a specific data visualization tool in its fight against the COVID-19 pandemic and recently awarded a $1.5 million sole source contract to upgrade and automate the software.

VA awarded a contract to Four Points Technology through NASA’s governmentwide acquisition contract Solutions for Enterprise-Wide Procurement, or SEWP, to acquire, integrate and maintain the latest version of Edge Technologies’ visualization tools.

While VA already uses Edge Technologies’ software to visualize patient data, the current tools rely on outdated Adobe Flash players with security holes, among other issues. Under the new contract, VA will be upgrading to the EdgeCore tool, which is based on HTML5 and comes with a host of other improvements.

“This acquisition will provide additional visualization and integration capabilities, eliminate security vulnerabilities related to Adobe Flash used in the current version, enhance 508 Disability Compliance, and provide new robotic process automation features,” according to the award announcement.

Keep reading this article at: https://www.nextgov.com/analytics-data/2020/08/va-awards-sole-source-contract-upgrade-automate-its-covid-19-visualization-tool/167965/

August 28, 2020 By cs

PPP loan forgiveness: Challenges for lenders

Since April 2020, more than 5,400 lenders across the United States have faced common challenges arising from the Paycheck Protection Program (PPP).

Participating lenders have been charged with interpreting a slew of evolving regulatory guidance while vetting millions of borrower applications.

Participating lenders have also been tasked with responding to information requests from Congress, federal regulators and law enforcement authorities investigating potential fraud and abuse in the emergency loan program. Yet another challenge looms on the horizon as lenders determine whether and to what extent disbursed PPP loans are eligible for forgiveness.

At first glance, the forgiveness process appears simple. A PPP borrower must complete an application for forgiveness and submit the application to its lender. The lender is then responsible for approving or denying the borrower’s forgiveness application by verifying certain documentation and calculations and then requesting payment from the SBA, as applicable.

However, because the lender stands between the PPP borrower requesting forgiveness and the federal government making payment, lenders face a number of challenges and risks in connection with PPP loan forgiveness.

Keep reading this article at: https://www.mondaq.com/unitedstates/financial-services/977036/ppp-loan-forgiveness-challenges-for-lenders

The Contracting Education Academy at Georgia Tech has established a webpage where all contract-related developments related to the coronavirus (COVID-19) are summarized. Find the page at: https://contractingacademy.gatech.edu/coronavirus-information-for-contracting-officers-and-contractors/

August 21, 2020 By cs

DoD working on policy to pay back contractors faster for work stopped by COVID

The Defense Department has been slowly reimbursing companies for work that is unable to be completed because of the coronavirus.

However, Pentagon acquisition chief Ellen Lord said it may be coming faster in the near future.

Lord told members of the Professional Services Council that DoD sent a policy over to the Office of Management and Budget (OMB) that would push through claims for payments of $2 million or less.

“We have developed a streamlined path forward for low dollar value reimbursements under $2 million, and a path to settle globally at a company or division level that will eliminate the need to have proposals and negotiations on the contract-by-contract basis,” Lord said.

DoD is planning to use a tiered system that will look at claims depending on how large they are and impose varying levels of oversight over them.

Keep reading this article at: https://federalnewsnetwork.com/dod-reporters-notebook-jared-serbu/2020/08/defense-department-working-on-policy-to-pay-back-contractors-faster-for-work-stopped-by-covid/

Change is in the air.

Contracting officials justified the $1.5 million award by citing a $6 million price tag to fully replace the tool.

Since April 2020, more than 5,400 lenders across the United States have faced common challenges arising from the Paycheck Protection Program (PPP).

The Defense Department has been slowly reimbursing companies for work that is unable to be completed because of the coronavirus.

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