Small Business Certifications
In an effort to spur general competition in the federal marketplace, the Small Business Administration (SBA) has set up regulations to ensure that small businesses have a level playing field against big businesses. Part of these regulations are base on dollar value.
Any requirement expected to be in the below ranges:
$3.5k to $150k
required to be exclusively set-aside for small business
$150k to $700k
Shall also be set-aside if if there is atleast two responsible small business concerns are competitive in terms of market prices, quality, and delivery.
If awarded to Other-Than-Small-Business, the awardee must create a subcontracting plan to establish how they will subcontract to small businesses to help meet certain subcontracting goals
Small Business Set-Aside types
Along with dollar threshold, the SBA also has specific goals for “which kind” of small businesses they would like contracts to be awarded to. Below is a break down of what the set asides are and what percentage the goals are. You may click the set-aside type to view eligibility requirements.
|Set Aside Type||Percent Set-Aside|
|Women Owned Small Business||5|
|Small Disadvantaged Business||5|
|Vetran Owned Small Business||3|
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