Small Business Set-Aside Program
Consists of a procurement action in which only small business firms can compete for the buy. Acquisitions between $25K and $100K are automatically reserved exclusively for small business participation. In order to consider a small business set-aside buy, there should be a reasonable expectation that two or more responsible small businesses will compete for the proposed buy and an award will be made at a fair market price. This set-aside method can require the entire buy to be set-aside for total small business participation or may require part of the buy to be reserved for small business (partial set-aside). FAR 19.5
HUBZone Small Business Set-Aside Program
Should be considered as the method of procurement after excluding Mandatory Sources and the 8(a) Program. Under this set-aside method, the Procuring Contracting Officer should have a reasonable expectation of receiving two or more offers/bids from certified HUBZone firms and that an award will be made at a fair market price. A sole source HUBZone acquisition is considered when only one HUBZone small business firm is capable of providing the product/service and when the anticipated price of the contract, including options will not exceed $5M for manufacturing efforts or $3M for all other requirements. A price evaluation preference is available for HUBZone firms competing on full and open acquisitions. Also, large businesses must address their HUBZone subcontracting efforts in their Small Business Subcontracting Plan. FAR 19.13
Small Business Set-Aside Goal
Using the same base, this category includes only those actions that were awarded as a result of Small Business Set-Aside procurements.