Fixed-price contracts
Title I — Promoting Transition for Battle-Ready Technologies
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Section 9 of the Small Business Act (15 U.S.C. 638) is amended— (1) in subsection (f), by adding at the end the following: (5) Fixed-price contract Any funding agreement that is a contract made with expenditures allocated to the SBIR program under paragraph (1) shall be a firm fixed-price contract (as defined in section 16.202 of the Federal Acquisition Regulation), unless, on a case-by-case basis, the head of the awarding Federal agency makes a written determination to use a different contract structure.; and (2) in subsection (n), by adding at the end the following: (5) Fixed-price contract Any funding agreement that is a contract made with expenditures allocated to the STTR program under paragraph (1) shall be a firm fixed-price contract (as defined in section 16.202 of the Federal Acquisition Regulation), unless the head of the awarding Federal agency makes a written determination to use a different contract structure..