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The CARES Act & the Construction Sector

Considering the emergency circumstances and economic instability, the State and Federal government in the United States have released several schemes to compensate for the construction firms. This includes various loan schemes and unemployment insurance benefits under the CARES Act, the largest scheme the US has ever created for providing economic support to its citizenry.

In this blog, you will explore all the provisions of the CARES Act under which construction firms or workers could apply for the claim of financial aid. ProjectPro as an experienced construction accounting and management software has covered all the necessary regulations, guidelines, and eligibility standards that an individual or business needs to satisfy in order to get reimbursements in this blog.