Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 29 - Department of Labor |
SubChapter D - Socioeconomic Programs |
Part 2919 - Small Business and Small Disadvantaged Business Concerns |
Subpart 2919.5 - Set-Asides for Small Business |
§ 2919.502 - Setting aside acquisitions.
Latest version.
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2919.502 Setting aside acquisitions.
Contracting officers will conduct market surveys specifically to determine whether procurements should be conducted via 8(a) procedures, HUBZone procedures or as small business set-asides. If a reasonable expectation exists that at least two responsible small businesses may submit offers at fair market prices (three responsible small businesses in procurements via GSA Federal Supply Schedule), then the procurement will be set aside for small business. Market surveys will be documented in all procurement actions not reserved for small businesses.