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Agencies gave SBA the wrong data for small business research contract spending

April 23, 2015 By ei2admin

Most agencies submitted incorrect data about Small Business Innovation Research programs for fiscal 2013, so the Small Business Administration can’t fully determine compliance with spending requirements for the programs, says an April 15 Government Accountability Office report.

Agencies are required to submit the actual amount obligated for research and development, which is generally conducted by nonfederal employees outside of federal facilities. Those obligations are the basis for calculating the agencies’ spending requirements for small business programs, the report says.

Keep reading this article at: http://www.fiercegovernment.com/story/agencies-gave-sba-wrong-data-small-business-research-contract-spending/2015-04-16

Filed Under: Contracting News Tagged With: budget, GAO, R&D, research, SBA, SBIR, small business, spending

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