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Small Business Innovation and Economic Security ActSection 3 › Proposal

Contract awards from the allocation are to be complete within 90 days of the proposal

To extend the SBIR and STTR programs, and for other purposes, section 3, Sec. 3. Written by .

Contract awards from the allocation are to be complete within 90 days of the proposal

The document says “shallWho acts: Federal agenciesHow: statuteSec. 3 in the PDF
What the document says

“The Federal agency shall complete any contract awards using strategic breakthrough allocation funds not later than 90 days after receiving a proposal from a small business concern for the award.”

To extend the SBIR and STTR programs, and for other purposes, Sec. 3

Subparagraph (C)(iii) sets a deadline. The Federal agency completes any contract award made with allocation funds no later than 90 days after it receives the firm's proposal for that award.

What the document actually says

“The Federal agency shall complete any contract awards using strategic breakthrough allocation funds not later than 90 days after receiving a proposal from a small business concern for the award.”

To extend the SBIR and STTR programs, and for other purposes, Sec. 3
That sentence, in plain words

The agency has 90 days to finish the deal. The clock starts when the firm sends in its plan.

What this is about

Small firms can run out of cash while they wait. This sets a limit on the wait.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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