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Federal Contract Set-Asides for Small Businesses (CRS Report for Congress)

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Release Date Dec. 17, 2024
Report Number IF12852
Report Type In Focus
Authors R. Corinne Blackford
Source Agency Congressional Research Service
Summary:

Provisions of the Small Business Act authorize or, in some cases, require federal agencies to provide small businesses a preference when making a contract award. Preferences for small business contractors may take the form of contract set-asides, which may limit the competition for an award to small firms. Set-aside authorities are codified in different places in the U.S. Code, including where small business contracting programs are covered at 15 U.S.C. §644(j)(1). This In Focus provides an overview of small business contract set-asides. Other types of contracting preferences that may be granted to small businesses include sole-source awards (contracts made without competition) and price evaluation preferences. For detailed information on small business contracting policies, see CRS Report R45576, An Overview of Small Business Contracting.