DoD, ODNI Sign 'Permission Slips' to Keep Contractors Viable Through the Pandemic
"This memo is a wonderful permission slip for contracting officer to see. They know if they have the funds available, they can pay contractors, so it's a double win because it's keeping contractors on ready state and keep[ing] firms from going under," he said. "As I'm speaking with clients, there are some employees who can't work, so that is impacting their profits and their cash flow. Certainly big companies that do cleared work will be impacted, as will companies that work onsite doing services like cleaning offices."
READ: DoD, ODNI Sign 'Permission Slips' to Keep Contractors Viable Through the Pandemic