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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) Simplified acquisition procedures as described in FAR part 13 for the procurement of noncommercial services for FSA requirements may be used under the following circumstances:
(1) The procurement does not exceed $1,000,000;
(2) The procurement is conducted as a small business set-aside pursuant to section 15(a) of the Small Business Act;
(3) The price charged for supplies associated with the services are expected to be less than 20 percent of the total contract price;
(4) The procurement is competitive; and
(5) The procurement is not for construction.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.3419.502-4 Methods of conducting set-asides - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-3419-502-4/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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