January 19, 2024
The right to receive sole-source funding agreements is a key Phase III SBIR right. This right is expressly provided in the SBIR Reauthorization Act as well in the SBA SBIR/STTR Policy Directive.
The right to receive sole-source awards is a real benefit to the government as well. The sole-source award avoids the arduous process the government must go through to compete a requirement – planning the procurement, developing the solicitation, soliciting proposals and evaluating them, sending out questions to offerors, making an award decision and then having it protested and held up in litigation. The entire process can take years. A sole-source award can be made in a matter of weeks or even days.
Below is comparison between Phase III SBIRs and 8(a) set asides. A detailed discussion related to Other Transaction Authorities (OTA) is provided in the Knowledge Academy. Note that an SBIR can be awarded as an OTA.
PROGRAM | ADVANTAGES | DISADVANTAGES |
8(a) - Socioeconomic Set Aside Program |
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Phase III SBIR Sole Source Awards to Commercialize and Transition Innovations |
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