The Energy Department’s research investment programs aren’t effectively managed, occasionally leading to overspending, a federal watchdog found.
The department’s Office of Science distributes Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) awards, given to companies working on specific energy-themed technology projects. The Advanced Research Projects Agency-Energy also builds cooperative agreements with small businesses developing new technology.
Those programs need to do a better job guaranteeing awardees meet their development goals and ensuring funding is allocated efficiently, among other steps, according to an inspector general’s audit.
Keep reading this article at: http://www.nextgov.com/cio-briefing/2017/04/watchdog-energy-department-mismanaged-some-rd-investments/137164/
