Utilization of Small Business
Federal Acquisition Regulation (FAR) Part 19 (see references) prescribes that acquisition of supplies and services of an anticipated dollar value of $3,001 or more and not exceeding $100,000 will be reserved exclusively for small business concerns. Only when there is no reasonable expectation of obtaining the goods or services from two or more responsible small business concerns that will be competitive in terms of market price, quality and delivery, may the purchase be made from a large business. If quotes are not received from small businesses, STRIPES will record the quotes from large businesses and thus automatically provide the documentation necessary to award to other than a small business. The industry size standards are cited in FAR Section 19.102. This section does not apply to GSA Federal Supply Schedule buys.
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