Term -Small Business Set Aside

A “set-aside for small business” is the reserving of an acquisition exclusively for participation by small business concerns. Acquisitions of supplies or services that has an anticipated dollar value exceeding $2,500 but not over $100,000 ($250,000 for contingency operations inside the U.S., $1million outside the U.S.) is automatically reserved exclusively for small business concerns and shall be set aside for small business unless the contracting officer determines there is not a reasonable expectation of obtaining offers from two or more responsible small business concerns that are competitive in terms of market prices, quality, and delivery.

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