PTC software products and software documentation are “commercial items” as that term is defined at 48 C.F.R. 2.101. Pursuant to Federal Acquisition Regulation (FAR) 12.212 (a)-(b) (Computer Software) (MAY 2014) for civilian agencies or the Defense Federal Acquisition Regulation Supplement (...
The IRS yesterday released anticipated guidance extending the placed-in-service deadline for the Investment Tax Credit (ITC) and Production Tax Credit (PTC). Under Notice 2020-41, the “Continuity Safe Harbor” was extended to five years for any project that otherwise began construction in 2016 ...