Tag Archives: cares act

Ellen Lord, the Department of Defense's acquisition chief and a 2020 Wash100 Award winner, said DoD has allocated roughly $640M to help companies expand production capacity of materials necessary for pandemic response, DoD News reported Tuesday.

The departments of Defense and Health and Human Services have awarded On Demand Pharmaceuticals a $20M contract to develop a ‘pharmacy on demand’ system for manufacturing drug product components. The company will use the funds to mature its technology as the government looks to increase domestic production of active pharmaceutical ingredients.

ICF secured four contracts during the second quarter to help the Department of Housing and Urban Development pursue COVID-19 response and other recovery efforts across states and local communities. The company said Tuesday it will provide transitional housing, response support and disaster recovery expertise to nonprofits, municipalities, tribes and housing authorities.

Science Applications International Corporation (SAIC) has announced second quarter fiscal year 2021 results, which ended July 31, the company reported on Thursday. SAIC has estimated the second quarter impact from the COVID-19 pandemic to be approximately $65 million of revenue, $8 million of adjusted EBITDA and an immaterial net impact to free cash flow, primarily driven by reduced volume in the company's supply chain business. 

The Department of Defense has allocated a total of $17.4M to help four companies expand domestic COVID-19 diagnostic testing and retain workforce capacities at the defense industrial base.

John Mengucci, president and CEO of CACI International and a 2020 Wash100 Award winner, said the company is coordinating with other firms in the GovCon industry to extend a provision in the Coronavirus Aid, Relief and Economic Security Act that offers reimbursement to contracting personnel who are unable to work due to the COVID-19 pandemic but kept in a "ready state," Inside Defense reported Thursday.

Doug Harvey, vice president and general manager for U.S. state and local governments and education at VMware, has said that local governments should consider applying for COVID-19 relief funding to address current investment gaps.

The Department of Defense has awarded contract actions worth $36.9M combined to Rolls-Royce and aircraft fuel technology provider Amfuel in a move to drive domestic production at the industrial-base level.

Centric Consulting and Woolpert have partnered to offer management, data and organizational services meant to help local governments apply for coronavirus relief funds.

The Professional Services Council (PSC) has submitted comments in response to the Department of Defense (DoD) draft guidance on requests for reimbursement under Section 3610 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the council reported on Friday. 

The U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury (USDT), plans to allocate $10 billion of Round 2 funding for the Paycheck Protection Program (PPP) to exclusively support Community Development Financial Institutions (CDFIs), the SBA announced Thursday.

Brillient has been awarded a potential $125 million task order by the Small Business Administration to provide surge support for loan processing and disbursement functions for SBA's disaster loan program.

TYSONS CORNER, VA, May 11, 2020 — Haywood Talcove, CEO, Government, LexisNexis Risk Solutions and LexisNexis Special Services, said that government-industry collaboration has the potential to safeguard the distribution of funds from a $2T federal stimulus package to U.S. businesses and families during the COVID-19 crisis, GovCon Wire reported April 27.

Kim Sutherland, vice president of fraud and identity strategy at LexisNexis Risk Solutions, wrote in a GCN article published Monday that the federal government must implement an identity theft prevention strategy to combat scammers as they distribute stimulus funds to U.S. businesses and families as part of the $2T Coronavirus Aid, Relief and Economic Security Act.

Federal civilian agencies increased the amount of money spent on information technology products and services from $6.7B in the second quarter of the government's 2019 fiscal year to $7.7B during the same period in its current fiscal year, Bloomberg Government reported Monday.