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Congress steps in to resolve GSA pricing dispute in contractors' favor?

Congress steps in to resolve GSA pricing dispute in contractors' favor?

Venable has excellent coverage of the significant dispute between GSA and its Inspector General over Multiple Award Schedule (MAS) contract pricing, which may soon be resolved by Congress. The debate centers on GSA's Transactional Data Reporting (TDR) program versus the traditional most-favored-customer pricing approach with Price Reductions Clause
Jason Lee Bakke Nov 25, 2024
SBA's nonbank lending program faces scrutiny over fraud risks

SBA's nonbank lending program faces scrutiny over fraud risks

The Washington Business Journal flags SBA IG findings that nonbank lenders contribute to widespread Paycheck Protection Program (PPP) loan fraud. Nonbank lenders, who issued $61 billion in PPP loans, were found to be five times more likely than traditional banks to process fraudulent loans, accounting for $14 billion in suspected
Jason Lee Bakke Nov 18, 2024

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