Federal COVID-19 Response Overview
Published: July 15, 2020
As the federal response to COVID-19 continues, federal contractors are working to navigate an unprecedented and changing environment. This presentation provides a look into the funding, policy and contracting actions that continue to emerge as the federal response evolves.
July 15, 2020 UPDATE
- Between March and April 2020, Congress appropriated $3.0T across 4 bills to address pandemic response and economic stabilization. The 4th stimulus bill, the Paycheck Protection Program and Health Care Enhancement Act, provided $484B in additional funding for SBA and HHS.
- Some agencies have begun reopening, following the White House reopening directive. It is uncertain if the resurgence in coronavirus cases will drive agencies to change trajectory.
- The pace of contract spending appears to be slowing, growing from $16.6B to $18.1B over the past two weeks, largely due to DOD data beginning to emerge.
- DOD issued new Section 3610 guidance, reminding Contracting Officers that reimbursements to contractors for COVID-related expenses is limited by existing appropriations.