Question
Acquisitions for supplies and services exceeding $3,500, but not exceeding $150,000, are automatically reserved exclusively for small business concerns unless the contracting officer: Determines
Acquisitions for supplies and services exceeding $3,500, but not exceeding $150,000, are automatically reserved exclusively for small business concerns unless the contracting officer:
- Determines that there is a large business with outstanding past performance and documents the contract file.
- Determines that they will be unable to obtain two or more offers from small businesses that are competitive in terms of market price, quality, and delivery.
- Determines that there is a large business with lower prices and documents the contract file.
- Determines that they will be unable to obtain full and open competition with small businesses in terms of market price, quality, and delivery.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
