Changes Coming for the Contractor Evaluation System At NYC MTA
The New York City Metropolitan Transportation Authority (MTA) is considering a revamp of the current evaluation system for contractors. How will everyone be satisfied? Dissatisfaction with the Current System Currently, contractors with $250,000 or more…
Read Moreabout Changes Coming for the Contractor Evaluation System At NYC MTA
Strengthen Your Small Business: Add a 401(k)
Just thinking about starting a 401(k) plan can sound daunting to small business owners—especially during this economically challenging time. Actually, however the rewards could put the business ahead and plenty of experts can help you…
Read Moreabout Strengthen Your Small Business: Add a 401(k)
Final Rule on Financial Factors in Selecting Plan Investments
Plan sponsors: take note! The U.S. Department of Labor has established new regulatory guidelines related to your fiduciary duties when selecting investments for 401(k) and other defined-contribution plans. Select Investments Based On Financial Returns and…
Read Moreabout Final Rule on Financial Factors in Selecting Plan Investments
Naming an Executor To Carry Out Your Will
When you make plans for your loved ones and assets, ensure your intentions are carried out properly by carefully choosing an executor for your will. Understanding the Role of An Executor If you are establishing…
Read Moreabout Naming an Executor To Carry Out Your Will
Data Breaches: What Is Your Plan?
Recent data breaches in the healthcare industry are alarming. The fact that there is a shortage of qualified cybersecurity professionals is troubling. Plan sponsors: how are you protecting your plan? Get Focused Cybercrime is…
Read Moreabout Data Breaches: What Is Your Plan?
Home Improvement: Growth Predicted
The repair and renovation of homes has been in full swing during the pandemic. Experts predict this trend will continue. Now’s the time to start or expand your company. Analyzing the Trend The U.S….
Read Moreabout Home Improvement: Growth Predicted
Bid Bonds: A Cautionary Tale
What could happen when you use the wrong bid bond form for a federal contract? The bid could be rejected. Ouch! Deemed Non-responsive Recently, the Government Accountability Office (GAO) published a decision concerning the use…
Read Moreabout Bid Bonds: A Cautionary Tale
Disruption Requires the Increased Vigilance of Plan Sponsors
Confronting the disruptions of 2020, plan sponsors must be ever more vigilant in their fiduciary duties. Legal experts recommend five actions. Uncertainties Are Not Excuses As the sponsor of your company’s retirement plan, ERISA law…
Read Moreabout Disruption Requires the Increased Vigilance of Plan Sponsors
A Successful Appeal—and Recovery of Costs Incurred
A Successful Appeal—and Recovery of Costs Incurred When an appeals court overturns a judgment, the appellant may be able to recover appeal bond premiums. Consider the case of TCL Communication’s successful appeal of a $110…
Read Moreabout A Successful Appeal—and Recovery of Costs Incurred