RGCI - 02-25-21 PPP Loan and CARES Act Update Webinar-New-LP

Redstone Government Consulting and Synovus Bank Huntsville are sponsoring a training webinar for Government Contractors on February 25, 2021.
Join Us for “Loan Forgiveness Credits & Other Unique PPP Funding Challenges for Government Contractors."

Overview

This FREE webinar will offer attendees an overview of recent changes and current guidance related to PPP Loans and the CARES Act. In this 1.5 hour webinar, Joseph Shuford, Synovus Director of Government Guaranteed Lending and Beth Sippel, Market Executive of Synovus Bank Huntsville will discuss the Paycheck Protection Program through the lens of the government contractor. Kimberly Badsden, RGCI Managing Consultant and Bob Eldridge, RGCI Director will then provide an update of current government contract regulatory guidance and requirements related to PPP and the CARES act and the treatment of loan forgiveness and related credits.

Learning Objectives

At the completion of this1.5 hour webinar, participants will be able to:

  • Discuss unique government contractor considerations related to PPP funding
  • Identify differences between rounds 1 and 2 of PPP funding
  • Discuss alternatives to PPP funding
  • Discuss recent DCAA Audit Alert on Coronavirus Legislation and Regulations
  • Discuss current DPC guidance and requirements related to PPP and the CARES Act
  • Discuss the treatment of credits related to PPP loan forgiveness in incurred cost proposals
  • Discuss potential equitable adjustment issues related to COVID

Program Content

During the webinar, your faculty will discuss:

  • When the lender is your customer – unique considerations of a government contractor seeking PPP funding
  • Differences between rounds 1 and 2 of funding and forgiveness
  • The velocity of PPP – Current stats around the number and amounts of loans funded and the remaining dollars
  • Potential alternatives to the Paycheck Protection Program you might consider
  • DCAA MRD 20-PIC-006(R) guidance to auditors
  • Current DPC guidance and FAQs related to PPP and the Cares Act
  • The treatment of credits related to PPP loan forgiveness in incurred cost proposals
  • Potential equitable adjustment issues related to COVID

About Redstone GCI

RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

For more information, contact:

Lori Beth Moses, 
lmoses@RedstoneGCI.com
256-704-9811

Redstone Government Consulting, Inc.
501 Madison Street SE, Suite 100
Huntsville, AL  35801
Website: www.redstonegci.com