DCAA Compliance Blog

Your Source for DCAA News and Information for Contractors

ReliAscent® LLC is the only government contract accounting firm that specializes in all aspects of government contracting compliance.  From our DCAA compliant accounting services, to monthly government contract accounting for all government agency awards, contract management & administration, and financial services & planning, our goal is to ensure the success of our clients, and all small business government contractors and grantees.  

In our DCAA Blog, we discuss the latest government contracting news from the Federal Government, the DCAA, and DCMA, as well as promotions offered by ReliAscent, and helpful tools and resources for contractors.

We hope you will visit and take part in the discussions on our blog on a regular basis. If you ever have any questions or would like to discuss how our experts can help, do not hesitate to contact us at any time!  


 

SBIR/STTR Reauthorization Bill, part 2

Posted by Mike Anderson on Fri, Aug 07, 2009 @ 02:50 PM

Well, it seems that if congress can't meet a deadline they just extend the deadline.   The SBIR/STTR reauthorization that was originally scheduled to end in September 2008 has now been temporariy extended to September 30, 2009.  This is the third such extension of the deadline.  There is still controversy and that may explain why it has become so difficult to present a final bill to the President.  The bill is in conference to settle the differences, led by  Senator Mary Landrieu.  The controversy centers around the size of awards and the limitation of Venture Capital in the program.  The House bill (HR 2965) favors larger awards and the involvement of Venture Capital firms.  The Senate version (S 1233) favors a modest increase in award amounts to compensate for inflation and no Venture Capital involvement.  There are House members (at least 26 by last count) led by Rep. Edward Markey that support the Senate version of the bill rather than the House version.  Congress is on recess during the month of August but will continue the conference to resolve the issues in September.  There will be pressure from the Venture Capital industry to settle on the House version.  We strongly encourage small business to contact their local congress representatives and make them aware that you, as a small business, support the Senate version.