Business Regulation and Consumer Protection:
[Comments on Agency Participation in SBIR Program]
B-230594.2: Published: Mar 15, 1988. Publicly Released: May 20, 1988.
GAO commented on the Nuclear Regulatory Commission's participation in the Small Business Innovation Research (SBIR) program. GAO noted that the Small Business Innovation Development Act of 1982: (1) requires federal agencies with an extramural research and development budget over $100,000 to obligate a certain percentage of funds for award to small business concerns; and (2) does not prohibit agencies with smaller budgets from voluntary participation in SBIR. GAO also noted that the Competition in Contracting Act of 1984 specifically authorizes federal agencies to limit procurement competition in furtherance of SBIR.