1. Home
  2. |Insights
  3. |Administration Boosts Clean Energy with $4 Billion Loan Guarantee Program

Administration Boosts Clean Energy with $4 Billion Loan Guarantee Program

Client Alert | 1 min read | 07.07.14

On July 3, the Department of Energy announced the issuance of Solicitation No. DE-SOL-0007154, "Loan Guarantee Solicitation for Applications for Renewable Energy Projects and Efficient Energy Projects," under which DOE will make up to $4 billion in loan guarantees available to entities developing renewable energy and energy efficiency projects and technologies in the U.S., the latest effort by the Obama Administration to stimulate investment in advanced energy technologies that reduce or avoid anthropogenic greenhouse gas emissions (discussed previously here and here). The new DOE offering is focused on providing loan guarantees to qualifying projects in "five key technology areas," including smart grid systems, clean power production with energy storage, biorefineries, advanced waste-to-energy conversion, and end-use efficiency improvements, among others, and joins two other DOE programs now accepting applications, the $8 billion Advanced Fossil Energy Projects solicitation and the $16 billion Advanced Technology Vehicle Manufacturing loan program.


Insights

Client Alert | 1 min read | 04.18.24

GSA Clarifies Permissibility of Upfront Payments for Software-as-a-Service Offerings

On March 15, 2024, the General Services Administration (GSA) issued Acquisition Letter MV-2024-01 providing guidance to GSA contracting officers on the use of upfront payments for acquisitions of cloud-based Software-as-a-Service (SaaS).  Specifically, this acquisition letter clarifies that despite statutory prohibitions against the use of “advance” payments outside of narrowly-prescribed circumstances, upfront payments for SaaS licenses do not constitute an “advance” payment subject to these restrictions when made under the following conditions:...