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OMB Announces New "Goal" for Agencies to Accelerate Payments to Small Businesses

Client Alert | less than 1 min read | 09.20.11

On the heels of the announcement of the President's latest jobs initiative, on September 14, 2011, OMB established a new policy that agencies should accelerate payments to small business contractors, with a goal of making payments to small businesses within 15 days of receiving appropriate invoicing documents. As the policy makes no revisions to the Prompt Payment Act and imposes no new penalties for failing to achieve the 15-day goal, the degree of actual agency implementation will determine whether this is an effective first step toward improving small businesses' cash flow.

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Client Alert | 2 min read | 12.16.25

ASBCA’s FY 2025 Report – A Look at the Numbers

Every year since 1979, the Armed Services Board of Contract Appeals (ASBCA) has issued a Report of Transactions and Proceedings (Report), which provides helpful statistics for contractors and practitioners regarding the ASBCA’s docket and success rates for contractor litigation and ADR.  The ASBCA published its FY 2025 Report on October 30, 2025. ...