Set-Asides for Small Business

From Knowledge base
Revision as of 07:43, 30 March 2015 by Marshall (Talk | contribs)

Jump to: navigation, search

Only small businesses (SB) can bid on small business set aside procurements.

Set-Asides for Small Business[1]

(a) The purpose of small business set-asides is to award certain acquisitions exclusively to small business concerns. A “set-aside for small business” is the reserving of an acquisition exclusively for participation by small business concerns. A small business set-aside may be open to all small businesses.

To ensure companies are qualified to receive Set-Asides, the SBA has oversight of set aside programs to ensure that the rules and regulations are being followed.

There are several very important FAR contract clauses regarding small business set-asides. They are:

References and Notes

  1. FAR 19.5