Presentation
The Federal Acquisition Regulation (FAR) states that solicitations under $100,000 or solicitations where market research shows two or more small businesses are capable of performing the requirement will be set aside exclusively for small businesses to compete.
Where is the business going?
- 39% small-business goals break down to:
- 20% small business
- 6% SDB and 8(a)
- 5% woman-owned
- 3% each to HUBZone and service-disabled, veteran-owned
- 2% veteran-owned
Who is buying?
- 1,174 different federal agencies
- 80,000 governments
- 30,000 cities, villages, and townships
- Large prime contractors also must meet small-business goals
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