Referred to the Committee on Small Business, and in addition to the Committee on Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
H.R. 4842 aims to improve how small businesses commercialize technology developed through federal research programs by requiring the Small Business Administration to establish workforce training for federal contracting officers and acquisition specialists on Phase III awards under the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The training must cover program missions, Phase III agreements, data rights, and sole-source contracting procedures. The bill also directs the SBA to modify procurement policies within one year to encourage greater use of Phase III awards for transitioning research into commercial products and services, and requires federal agencies to develop simplified procedures and standardized contract templates for these awards. These changes affect federal acquisition professionals across all agencies that participate in SBIR and STTR programs, as well as small businesses seeking to commercialize federally-funded innovations. The bill contains no new funding authorization or specific timeline beyond the one-year deadline for policy modifications.
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