Set-Asides for Small Business
From Knowledge base
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:
- 52.219-6 Notice of Total Small Business Set-Aside. This clause states that any award resulting from this solicitation will be made to a small business concern.
References and Notes
- ↑ FAR 19.5