This bill establishes a private, nonprofit Foundation to partner with NIST in advancing measurement science and technical standards to boost U.S. economic competitiveness.
Christopher Coons
Senator
DE
This bill establishes the private, nonprofit Foundation for Standards and Metrology to support the National Institute of Standards and Technology (NIST) in advancing measurement science and technical standards. The Foundation will accelerate the commercialization of research by partnering with industry, academia, and other groups. It will be governed by an independent Board of Directors and must develop a plan for financial self-sustainability within five years.
The Expanding Partnerships for Innovation and Competitiveness Act is setting up a new, private, nonprofit organization called the Foundation for Standards and Metrology. Its mission is straightforward: take the cutting-edge research coming out of the National Institute of Standards and Technology (NIST) and hustle it into commercial use faster. Think of it as a dedicated fast-pass lane for turning government science into market-ready products, all in the name of boosting the U.S. economy.
This Foundation is designed to be the bridge between NIST’s labs and the private sector. It can fund research, connect NIST scientists with industry partners, upgrade facilities, and even provide direct support—like fellowships, travel money, and housing assistance—to people working with NIST. The bill authorizes NIST to transfer between $500,000 and $1,250,000 annually to the Foundation starting in fiscal year 2026, plus NIST can provide facilities and support services. The goal is to leverage these federal dollars to attract significantly more private funding, with the Foundation required to become financially self-sustaining within five years, according to a strategic plan it must submit to Congress.
For the average person, this Foundation is about speed and influence. When you buy a new smart device or use a new medical technology, that product relies on technical standards and measurement science, much of which NIST helps set. By creating a private entity to accelerate this process, the bill aims to get those technologies to market faster. For example, if a small business owner relies on new, highly accurate manufacturing standards, this setup could mean they get access to those tools years sooner, potentially making their products cheaper or better. The Foundation is explicitly tasked with helping commercialize research the government has already paid for, ensuring taxpayer-funded breakthroughs don't just sit on a shelf.
Here’s where things get interesting. To achieve this speed, the Foundation is explicitly not part of the federal government. This means it is exempt from the standard federal law governing administrative procedures (Chapter 10 of title 5, U.S. Code). In plain English, it doesn't have to follow the same bureaucratic rules for hiring, contracting, and operational decisions that a normal federal agency does. While this is great for cutting red tape, it raises questions about accountability. We’re essentially handing over a critical function—speeding up the development of national standards—to an entity that operates outside typical federal oversight.
Governance is handled by an 11-member Board of Directors, appointed by the Secretary of Commerce, who must represent a wide mix of industry, academia, and standards bodies. Crucially, the Foundation is structured to seek and accept massive amounts of private funding. While the bill requires strong conflict of interest rules—prohibiting any Board member with a financial interest from participating in discussions—the core mission of accelerating commercialization, combined with the reliance on private sector funding, means the Foundation’s priorities could heavily lean toward the interests of its largest private donors. The Foundation must publish annual reports detailing all financial support received, including who gave it and any restrictions on its use. This transparency is the main check on the system, forcing the Foundation to show the public exactly whose money is influencing the acceleration of national standards.