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Presidential Action

Corporate Transparency Act Update #5: Treasury Will Not Pursue Enforcement

Published Date: March 7, 2025

We are continuing to monitor developments with the Corporate Transparency Act (“CTA”). Last month, we had advised that the Supreme Court had lifted injunctions of the CTA and had recommended complying with the reporting requirements of the CTA prior to the March 21, 2025 deadline, despite pending court cases considering the constitutionality of the act. However, on March 2, 2025, [...] Read More

Corporate Transparency Act Update #4: Compliance Is Again Required

Published Date: February 21, 2025

We have continued to monitor developments with the constitutionality of the Corporate Transparency Act (“CTA”). In late December, the U.S. Court of Appeals for the Fifth Circuit kept the injunction of the CTA in place, while that court considered the constitutionality of the CTA. However, the federal government appealed this decision and on January 23, 2025, the U.S. Supreme Court [...] Read More
Presidential Action

Preparing for the Threat of New Tariffs: Three Clauses to Look for in Your Federal Construction Contracts

Published Date: February 20, 2025

The Trump administration’s imposition of new tariffs is anticipated to have large-scale effects on costs in the construction industry. This article focuses on three important clauses in direct federal contracting that dictate contractors’ rights and responsibilities when it comes to price escalation, increased costs, and taxes imposed after contract execution. P&A has previously provided similar insights in the context of [...] Read More
Presidential Action

Navigating the Executive Order Ending Affirmative Action and DEI for Federal Contractors: Essential Steps for Compliance

Published Date: February 19, 2025

Overview of Executive Order 14173 Federal contractors, subcontractors and grantees have until April 21, 2025, to comply with President Trump’s Executive Order (“EO”) 14173 entitled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity.” This Order introduces significant changes for federal contractors and subcontractors and impacts those working on contracts where the project is wholly or partly funded by the federal government. [...] Read More
Presidential Action

The Federal Freeze Playbook: Key Steps for Government Contractors Amid a Potential Federal Funding Freeze

Published Date: February 7, 2025

This Alert will provide an overview of the current status of the Federal Funding Freeze and five key steps that can be taken in preparation for what may come. Current Status of the Federal Freeze The memorandum issued by the Office of Management and Budget (“OMB”) on January 27 required all federal agencies to “temporarily pause all activities related to [...] Read More