§ 219.001 - Definitions.  


Latest version.
  • Small disadvantaged business concern is defined:

    (1) At FAR 52.219-23(a) (i.e., a firm is considered a small disadvantaged business (SDB) concern by receiving certification by the Small Business Administration and meeting the other listed criteria), except as specified in paragraph (2) of this definition.

    (2) At FAR 52.219-23(a) or 52.219-1(b)(2) for the following purposes (i.e., a firm is considered an SDB concern by either receiving certification by the Small Business Administration and meeting the other listed criteria or self-representing its status for general statistical purposes):

    (i) A higher customary progress payment rate for SDB concerns (see 232.501-1(a)(i) and 252.232-7004(c)).

    (ii) A lower threshold for inclusion of customary progress payments in contracts with SDB concerns (see 232.502-1).

    (iii) The prompt payment policy for SDB concerns in 232. 903 and 232.905(2).

    (iv) Reporting contract actions with SDB concerns in the Federal Procurement Data System (FPDS).

    [63 FR 64429, Nov. 20, 1999, as amended at 74 FR 37645, July 29, 2009]