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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The latest on the SBIR re-authorization is not necessarily good news. House Representative Jason Altmire (D-PA) is trying to bypass negotiation with the Senate version of the re-authorization bill by incorporating the House version into the Jobs bill. Remember that the house version wanted to increase the amount of each award (thereby reducing the number of awards) and it also allowed the involvement of the Venture Capital industry. There is also some concern that the reauthorization term would be limited too. It just doesn’t feel right. Is congress too busy to do justice to the SBIR re-authorization? They have postponed it and extended deadlines so many times over the last 1 ½ years that it takes on the look of the “ugly stepchild”. I think we all should write our representatives in congress and demand action. Here is a site that allows you to do that very easily – without research. http://www.capwiz.com/nsbaonline/issues/alert/?alertid=14725141&type=CO
H.R. 2965 re-authorizing the SBIR/STTR programs passed the house last week (July 9, 2009) and Senate approved reauthorization on July 13, 2009, extending the SBIR/STTR programs for another 8 years. Now the final bill must be written and presented to President Obama for signature into law before the July 31, 2009 expiration. While we are happy that it passed unanimously we are also concerned about a couple of caveats included in the legislation. The award amounts for the grants have been increased to as much as $250,000 for Phase 1 to $2,000,000 for Phase 2. These adjustments are seen as compensating for inflation over the period since the programs were last authorized. While this is good, it will almost certainly reduce the number of awards. This will mean that the success rate of winning grants in this program will go down. It becomes imperative that small businesses depending upon these funds will be required to refine their proposal efforts. No longer can you depend upon “luck” to win a grant. Experts, such as Tech BizSolutions, will become more valuable as partners to these small businesses.