On April 29, AGC called on the Secretary of the Treasury to provide more clarity regarding its recent guidance warning firms of future audits and potential legal risks for companies that apply for loans. AGC is having discussions with key Administration officials on the impacts this guidance has had and ways it can be addressed. As this has created quite a bit of confusion, AGC sought to provide clarity to members through its ConstructorCast Coronavirus Special Report, which you can watch or listen to.
In addition, AGC is finalizing a pair of webinars on this and other questions regarding the Paycheck Protection Program:
- May 6, 2:00 PM EDT: Paycheck Protection Program: Key Updates and Developments in the Ground Rules of the Program
- May 7, 2:00 PM EDT: Paycheck Protection Program: Preparing Your Business Today for Audits, Oversight, and Agency Enforcement and Whistle Blower Actions Tomorrow
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