What is a small business set-aside?
FAR Subpart 19.5
As a part of government-wide efforts to develop new businesses, certain solicitations are set aside for small business. A “set-aside for small business” is the reserving of a buy exclusively for participation by small business concerns. The set-aside may be open to all small businesses, set-aside of a single acquisition or a class of acquisitions, and may be total or partial.
For more information on small business set-asides, go to FAR Subpart 19.501 – General, Subpart 19.502 – Setting-Aside Acquisitions, and Subpart 19.503 – Setting-Aside a Class of Acquisitions for Small Business.
What is a HUBZone set-aside?
A HUBZone set-aside is the reserving of an acquisition exclusively for participation by HUBZone small business concerns. For a procurement to be totally set-aside for HUBZone small business concerns, a contracting officer must have a reasonable expectation that offers will be received from two or more HUBZone small business concerns and the award will be made at fair market price.
For more information on HUBZone set-asides, go to FAR Subpart 19.1305.
What is a SDVOSB Small Business Set-Aside?
Procurements may be set-aside for SDVOSB. A "set-aside" is the reserving of an acquisition exclusively for participation by SDVOSB concerns. For a procurement to be totally set-aside, a contracting officer must have reasonable expectations that offers will be obtained from at least two responsible SDVOSB and awards will be made at fair market price.
For more information on SDVOSB set-asides, go to FAR Subpart 19.1405.