Bill > HR4842

This bill amends the Small Business Act to improve training and processes related to Phase III acquisitions in the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Specifically, the bill requires the Small Business Administration (SBA) Administrator to establish comprehensive training for federal agency contracting officers and acquisition workforce about Phase III acquisitions. The training will cover the missions and goals of SBIR and STTR programs, how to use Phase III agreements, understand Phase III data rights, and execute sole source award contracts. The bill also directs procurement center representatives to advocate for maximizing the transition of SBIR and STTR developed products and technologies to Phase III awards. Additionally, the legislation calls for federal agencies to develop simplified and standardized procedures and model contracts for SBIR awards, and to create clear guidance for small businesses on market research and proposal requirements. These changes aim to streamline the acquisition process, provide clearer guidance, and help small businesses more effectively commercialize innovative technologies developed through federal research and development programs.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/4842/all-info