The Government Accountability Office recommended that the Small Business Administration develop a plan to identify and implement actions to improve the timely release of its annual report to Congress on the timeliness of rewards under the Small Business Innovation Research and Small Business Technology Transfer programs.
The GAO found that the SBA was between six and 16 months behind in submitting its annual reports to Congress between fiscal years 2016 and 2021, according to a report released Wednesday.
“Without a comprehensive and documented analysis of its process for preparing these annual reports, it is unclear whether the SBA is missing opportunities to take steps to improve the timeliness of its required reports,” the report said.
The congressional watchdog called on the SBA to add timeliness information on SBIR and STTR awards to its website to provide Congress and the public with an alternative source of agency performance data in the compliance with required notification and issuance deadlines.
According to the report, civilian agencies issued 85% of their small business awards on time over the past six fiscal years, compared to 65% by the Department of Defense.