Scenario:You are the contracting officer for a requirement for commercial supplies with an estimated value of $425,000.The requirement is not in support of a contingency operation or a humanitarian or peacekeeping operation.The market research results for the requirement showed several potential offerors.The potential offerors were all deemed competitive in terms of market prices, quality, and delivery.The list of potential offerors included seven small businesses and four large businesses.

Will this acquisition be required to be set aside for small business concerns?Provide FAR, DFAR ... reference.