Below you'll find a list of all posts from May, 2020
Peter Gibbs, Director, Office of Surety Guarantees, Office of Capital Access, U.S. Small Business Administration (SBA), shares insights into the SBA’s bonding assistance program and how they are helping contractors. Listen to the history of the program, news of updates and outlines to both Plan A and Plan B programs. #construction #SBA #Small Business #Surety Hosted by Kat Shamapande, Director, …
On May 13, 2020, the U.S. Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury, provided the following critical guidance on the good-faith certification requirement for Payroll Protection Program (PPP) borrowers…. Read the requirements >>>
General Contractors Can Be Liable to Pay Subcontractor’s Employee Wages Last month, Virginia’s General Assembly enacted a new law that makes contractors on large construction projects liable for unpaid wages owed to their subcontractors’ employees. Senate Bill 836, codified at Virginia Code – 11-4.6 and – 40.1-29 has four major effects. To read the article>>>
