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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 51 - Department of the Army Acquisition Regulations |
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Part 5119 - Small Business and Small Disadvantaged Business Concerns |
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Subpart 5119.10 - Small Business Competitiveness Demonstration Program |
§ 5119.1003 - Purpose.
Latest version.
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5119.1003 Purpose.
(c) (S-90) The purpose of the Dredging Program is to -
(i) Expand small business and emerging small businesses (ESB) participation in contracting opportunities for dredging through restricted competition.
(ii) Demonstrate the existence of a sufficient number of small businesses and ESBs which meet the current size standard for Standard Industrial Code (SIC) Code 1629 (Dredging and Surface Cleanup Activities) as an indicator of the adequacy of the current size standard.