September 18, 2017 - Washington, DC Senate Passes $700 Billion 2018 National Defense Authorization Act, Including Procurement Reforms Key Notes: On September 18, 2017 the Senate passed its version of the annual National Defense Authorization Act (NDAA), authorizing $700 billion in defense spending for Fiscal Year 2018. In order to provide the authorized level of…
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SBA QuickBond Limit Increases
The SBA is changing the limit for the QuickBond program. The eligible contract amount for the QuickBond Application is increasing to $400,000 from $250,000. The QuickBond program is a streamlined application process, with reduced paperwork requirements. They are also increasing their Preferred Program guarantee from 70% to 80%/90% AND increasing the minimum reporting threshold requirements…
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Innovator of the Year 2017
August 16, 2017 - Baltimore, MD The Daily Record Announces 2017 Innovator of the Year Honorees The Daily Record has named Karen Barbour, President of The Barbour Group, an Innovator of the Year. The Daily Record began the Innovator of the Year awards in 2002 as a way to recognize Marylanders and Maryland-based companies for their…
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False Claims Act
August 2, 2017 - Washington, DC Reverse False Claims Act Liability Extended to Bonding Companies On Monday, the U.S. District Court for the District of Columbia ruled that bonding companies can be held liable for treble damages under the False Claims Act for issuing surety bonds to construction companies that falsely claim to be a Service-Disabled…
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