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.

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SBIR/STTR Reauthorization, Part IV

Posted by Mike Anderson on Thu, Oct 29, 2009 @ 01:45 PM

To quote one of my favorite presidents: "Well, there you go again".  We all knew it would happen.   There is too much in the news about Afghanistan, Health Insurance Reform, the Recession, the Economy, etc. for Congress to pay attention to the SBIR reauthorization bill this month.   So they did what they have done so many times in the past, they extended the deadline!  This occurred in two separate legislations.  H.R. 2647, otherwise known as the” FY-2010 National Defense Conference Report”, was passed by both the House and Senate and signed by the President yesterday (10/28/09).    This included extension of funding of DoD SBIR/STTR’s until 9/30/10.  Originally this bill had language to extend the DoD program for 14 years but it was revised down to only one year prior to passage.   The other 10 SBIR agencies have to depend upon a new bill introduced in the Senate (S.1929) that extends the funding deadline for 6 more months to April 30, 2010.  This is to allow small businesses to get “thru the holiday season”.    The bill now goes to the House but approval is not guaranteed since the Small Biz Committee has been reluctant in the past to extend the SBIR program for any length of time.   What?  It all makes sense when you look back to the original expiration date of Sept. 30, 2008 and what has happened since then.  There are a number of politicians with individual agendas that are preventing the reauthorization of this important program.  Never mind that it affects over 29 million small businesses and that small businesses represent about half of all employment in the United States.  Judging by what is going on with Health Care Reform, it could be extended again next April.  Stay tuned…..

Topics: government contractor, SBIR, STTR, DCAA, Announcements