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Webinar: Navigating the Defense Production Act
This Webinar is over| Date | May 20, 2020 |
| Time | 10:00 AM EDT |
| Cost | Free |
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Online
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WEBINAR
SMI's Ken Wetzel and Mark Gillman will be giving a short presentation regarding the Defense Production Act and its practical and immediate uses. Attendees will be able to ask questions during and after the presentation. A copy of the presentation will be available for distribution after the event and attendees will also be able to contact SMI after the event for personalized discussions.
THE DEFENSE PRODUCTION ACT
The Defense Production Act (DPA) was created in 1950 to provide the President of the United States with the ability to incentivize, and in some cases mandate, private industry to provide the U.S. government with items it deems essential to national defense. Originally it had seven provisions and provided the government with several invasive authorities, including the ability to fix wages and prices. Most of the provisions were not reauthorized and were eventually repealed. The three active provisions are: 1) Title I - “Priorities and Allocations” 2) Title III - “Expansion of Productive Capacity and Supply,” and 3) Title VII - “General Provisions,” which contains the Committee on Foreign Investment in the United States.
DPA IN THE NEWS
On March 18, 2020, in response to the COVID-19 pandemic, the President invoked the authorities of the DPA to increase the supply of personal protective equipment (PPE) and critical medical equipment, such as N95 respirator masks and ventilators. The DPA declares that Congress finds “the security of the United States is dependent on the ability of the domestic industrial base to supply materials and services for the national defense and to prepare for and respond to military conflicts, natural or man-caused disasters, or acts of terrorism within the United States.” While, the bulk of the media’s interest has been on Title I, the Title III authorities are an equally powerful tool. Additionally, Congress appropriated $1 billion to the DPA Fund as part of the CARES Act, providing a significant opportunity for government and industry to effectively partner on COVID-19 responses.
THE DPA TITLE III PROGRAM
The Title III program provides the President with the broad authority to ensure the timely availability of essential domestic industrial resources to support national defense and homeland security requirements using highly tailored economic incentives. Specifically, the program is designed to create, maintain, protect, expand, or restore domestic industrial base capabilities.
HOW TO UTILIZE DPA TITLE III
Navigating the DPA during this time of national emergency will be difficult for both the industry partners that will be expanding production capacity and government leaders responsible for utilizing it. The DoD has been executing DPA Title III projects consistently for many years, however, the civilian agencies do not have that experience. SMI has unparalleled in-house expertise with DPA to help your company establish a public-private partnership. In fact, SMI has supported about 50% of all DPA Title III awardees over the last 5 years. Our ability to pre-position and assist your company with contracting can help your company take advantage of this unprecedented opportunity.
SMI's Ken Wetzel and Mark Gillman will be giving a short presentation regarding the Defense Production Act and its practical and immediate uses. Attendees will be able to ask questions during and after the presentation. A copy of the presentation will be available for distribution after the event and attendees will also be able to contact SMI after the event for personalized discussions.
THE DEFENSE PRODUCTION ACT
The Defense Production Act (DPA) was created in 1950 to provide the President of the United States with the ability to incentivize, and in some cases mandate, private industry to provide the U.S. government with items it deems essential to national defense. Originally it had seven provisions and provided the government with several invasive authorities, including the ability to fix wages and prices. Most of the provisions were not reauthorized and were eventually repealed. The three active provisions are: 1) Title I - “Priorities and Allocations” 2) Title III - “Expansion of Productive Capacity and Supply,” and 3) Title VII - “General Provisions,” which contains the Committee on Foreign Investment in the United States.
DPA IN THE NEWS
On March 18, 2020, in response to the COVID-19 pandemic, the President invoked the authorities of the DPA to increase the supply of personal protective equipment (PPE) and critical medical equipment, such as N95 respirator masks and ventilators. The DPA declares that Congress finds “the security of the United States is dependent on the ability of the domestic industrial base to supply materials and services for the national defense and to prepare for and respond to military conflicts, natural or man-caused disasters, or acts of terrorism within the United States.” While, the bulk of the media’s interest has been on Title I, the Title III authorities are an equally powerful tool. Additionally, Congress appropriated $1 billion to the DPA Fund as part of the CARES Act, providing a significant opportunity for government and industry to effectively partner on COVID-19 responses.
THE DPA TITLE III PROGRAM
The Title III program provides the President with the broad authority to ensure the timely availability of essential domestic industrial resources to support national defense and homeland security requirements using highly tailored economic incentives. Specifically, the program is designed to create, maintain, protect, expand, or restore domestic industrial base capabilities.
HOW TO UTILIZE DPA TITLE III
Navigating the DPA during this time of national emergency will be difficult for both the industry partners that will be expanding production capacity and government leaders responsible for utilizing it. The DoD has been executing DPA Title III projects consistently for many years, however, the civilian agencies do not have that experience. SMI has unparalleled in-house expertise with DPA to help your company establish a public-private partnership. In fact, SMI has supported about 50% of all DPA Title III awardees over the last 5 years. Our ability to pre-position and assist your company with contracting can help your company take advantage of this unprecedented opportunity.
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