New GAO Report: Federal Agencies Report Incorrect Data to SBA

Posted by Kevin Lancaster on Apr 20, 2015 4:09:00 PM

A Government Accountability Office (GAO) report, dated April 15, concluded that federal agencies reported incorrect information to the Small Business Administration (SBA) for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for fiscal year 2013.

The SBA’s ability to completely conclude compliance with spending requirements for the SBIR and STTR programs for fiscal year 2013 is incomplete, because most agencies submitted budget numbers, but not their spending obligations. Spending obligations are the foundation for calculating an agency’s spending requirements for SBIR and STTR.

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