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S. 1573IntroducedSenate · nowHousePresidentLawIn committee
Sec. 503 · S. 1573

Extend the report on award timeliness

Title V — Oversight and simplification initiatives

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Section 9(ii)(2)(A) of the Small Business Act (15 U.S.C. 638(ii)(2)(A)) is amended— (1) in the matter preceding clause (i), by striking 3 years and inserting 11 years; (2) in clause (i), by striking and at the end; (3) by redesignating clause (ii) as clause (iii); and (4) by inserting after clause (i) the following: (ii) provides the average and median amount of time that each Federal agency with an SBIR or STTR program takes to review and make a final decision on proposals submitted under the program; and.