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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 28 - Department of Justice |
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SubChapter D - Socioeconomic Programs |
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Part 2819 - Small Business Programs |
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Subpart 2819.70 - Forecasts of Expected Contract Opportunities |
§ 2819.701 - General.
Latest version.
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Section 501 of Public Law 100-656 the Business Opportunity Development Reform Act of 1988 requires executive agencies having contract actions in excess of $50 million in Fiscal Year 1988 or later to prepare an annual forecast of expected contract opportunities, or classes of contract opportunities that small business concerns, including those owned and controlled by socially and economically disadvantaged individuals, are capable of performing.