Democratic Senators Join Industry Groups in Calls to Extend CARES Act Funding Authority for Contractors

NextGov: Defense contractors will need financial support from federal agencies through the end of 2021 if they are going to make it through the coronavirus pandemic, according to industry groups and lawmakers.  

Section 3610 of the Coronavirus Aid, Relief and Economic Security, or CARES Act, provides a lifeline to the defense industrial base. It gives agencies the authority to reimburse contractors for costs related to COVID-19. The latest Republican aid proposal includes funding for its implementation, but unless Congress extends the deadline for Section 3610, that funding may not be enough.

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