Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Sole-Source Contracts for Small Businesses (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (3 pages)
add to cart or subscribe for unlimited access
Release Date Dec. 17, 2024
Report Number IF12853
Report Type In Focus
Authors R. Corinne Blackford
Source Agency Congressional Research Service
Summary:

Provisions of the Small Business Act authorize (and, 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, or sole-source awards, which are contracts made to a firm without competition from other firms. Agencies may make solesource awards to small businesses under some circumstances, subject to limits on the value of such awards. This In Focus provides an overview of sole-source contracts for small businesses. For more information about contract set-asides for small businesses, see CRS In Focus IF12852, Federal Contract Set-Asides for Small Businesses. For detailed information on small business contracting policies and contracting programs for certain types of small business owners, see CRS Report R45576, An Overview of Small Business Contracting.