Settlements and Judgments from FCA and Fraud Matters Top $2.68 Billion in 2023
On February 22, 2024, the Department of Justice (DOJ) released its annual statistical report (Annual Report) regarding settlements and judgments obtained in the False Claims Act (FCA) and fraud matters for Fiscal Year (FY) 2023. Over the course of the fiscal year, which ended on September 30, 2023, the government recouped $2,689,447,914, a 20% increase compared to FY 2022 but well below the average annual recoveries over the last 15 years (approximately $3.6 Billion). Below are key takeaways from the Annual Report and . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – February 23, 2024
If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live! here and Clocking in with PilieroMazza here . CORPORATE & ORGANIZATIONAL GOVERNANCE The Corporate Transparency Act: Updates, Requirements, and Enforcement for Small Businesses, PilieroMazza Client Alert, Isaias “Cy” Alba, IV , Abigail “Abby” L. Baker , Paul H. Tracy The Corporate Transparency Act (CTA) has been a hot topic for small business owners since its inception. As we . . . Read More
The Corporate Transparency Act: Updates, Requirements, and Enforcement for Small Businesses
The Corporate Transparency Act (CTA) has been a hot topic for small business owners since its inception. As we approach its effective date on January 1, 2024, it’s crucial to understand CTA’s implications for small businesses. Below, attorneys in PilieroMazza ’s Business & Transactions Group offer guidance to small business owners and their senior officers on CTA compliance and potential criminal and monetary penalties for failure to report information required by the CTA. PilieroMazza attorneys will also present “Understanding the Corporate Transparency Act: Implications and . . . Read More
Turning $1.6 Million Into $53 Million: Key Takeaways from Eyebrow-Raising FCA Ruling
On January 20, 2023, the U.S. District Court for the District of Columbia entered a judgment in the amount of $1,679,450.16 in favor of the U.S. (the government ) in a False Claims Act (FCA) litigation against Gen Digital, Inc. (formerly known as Symantec Corporation and NortonLifeLock Inc.). Although any adverse judgment in an FCA matter might be seen as a disappointment, the government requested a total judgment in the case of over $1 Billion. Accordingly, the defendants could treat . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – February 15, 2024
If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live! here and Clocking in with PilieroMazza here . GOVERNMENT CONTRACTS Rule of Two Changes: OMB Memo Aims to Make Rule of Two Apply to Task and Delivery Orders and SBA’s Proposed Rules, Coming Soon, Will Shape the Future Procurement Landscape, PilieroMazza Blog, Isaias “Cy” Alba, IV , Annie B. Hudgins On . . . Read More
Rule of Two Changes: OMB Memo Aims to Make Rule of Two Apply to Task and Delivery Orders and SBA’s Proposed Rules, Coming Soon, Will Shape the Future Procurement Landscape
On January 25, 2024, the White House Office of Management and Budget issued a memo, Increasing Small Business Participation on Multiple-Award Contracts, calling for executive agencies to apply the FAR’s Rule of Two to task and delivery orders competed under multiple-award contracts. Contractors should take note that this change has the potential to significantly increase the number of small business set-asides, and in turn, it could mean millions more dollars in contract opportunities for small businesses. In this blog, we . . . Read More
PilieroMazza Annual Review: Key Insights from Recent Bid Protest Decisions Reshape Strategies for Future Government Contractor Success
Click here to view the recorded session. Bid protests play a crucial role in the federal procurement process. Whether you’re submitting a proposal, filing a protest, or defending your contract award, bid protest rulings can influence not just your current contract but also future outcomes and the broader award process. Decisions made in 2023 are no different. They have ramifications that extend beyond 2023, affecting aspects like submission deadlines and the burden of proof for protesters. 2023 decisions illustrate important considerations . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – February 8, 2024
If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live! here and Clocking in with PilieroMazza here . GOVERNMENT CONTRACTS Federal Acquisition Regulation (FAR) Council Notice: Small Business Size Rerepresentation On February 1, the General Services Administration, Department of Defense, and National Aeronautics and Space Administration published a Notice and request for comments about the . . . Read More
Weekly Update for Government Contractors and Commercial Businesses – February 1, 2024
If you have questions concerning the content below, please visit this link . Upcoming Events: Register to attend PilieroMazza’s upcoming events here . Recent Thought Leadership: Check out PilieroMazza’s recent client alerts and blogs here . Podcasts: Listen to PilieroMazza’s podcasts GovCon Live! here and Clocking in with PilieroMazza here . GOVERNMENT CONTRACTS Focus on SBA’s SBIC Program, Part 3: Demystifying the Intricacies of the SBIC Application Process, PilieroMazza Blog, Isaias “Cy” Alba, IV , Robert Troiano The Small Business Investment Company (SBIC) program is emerging as a powerful financial tool for small business . . . Read More
New Wave of Pay Transparency Requirements Affects Employers and Federal Contractors
A growing patchwork of state pay transparency laws is placing additional requirements on employers’ hiring practices. As of the date of this blog, five states, as well as the District of Columbia, enacted pay transparency laws requiring employers to disclose salary ranges in job postings, among other things. Furthermore, these general obligations will soon apply to certain federal contractors. On January 30, 2024, the Federal Acquisition Regulatory Council (the FAR Council) issued a proposed rule requiring federal contractors to disclose . . . Read More