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    Federal Acquisition Regulation (FAR)

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    James will award six contracts.
    - Office supply contract with a cost to be expected at $200,000
    - Furniture contract with a cost to be expected at $50,000
    - Computer contract with a cost to be expected at $245,000
    - The construction contract with a cost expected to be over $2 million
    - The IT Services contract with a cost between $2 million and $4 million
    - The computer destruction contract with a cost to be expected at $65,000

    Should James set-aside any of the contracts for small businesses?

    A) Yes, the computer destruction contract because FAR 19.502-2 states that purchases over $3000, but below the simplified acquisition threshold (SAT) of $150,000, must be set-aside for small business which limits the competition to only small businesses.
    B) Yes, the computer contract because FAR 19.502-2 states that purchases over the SAT ($150,000) must be set-aside for small business, which limits the competition to only small businesses.
    C) Yes, the office supply contract because FAR 19.502-2 states that purchases under $25,000 must be set-aside for small business, which limits the competition to only small businesses.
    D) No, because FAR 6.203 states that purchases over $10,000 must be solicited from a single responsible source.

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    https://brainmass.com/business/the-role-of-government-and-regulation/federal-acquisition-regulation-far-508206

    Solution Preview

    A) Yes, the computer destruction contract because FAR 19.502-2 states that purchases over $3000, but below the simplified acquisition threshold (SAT) of $150,000, must be set-aside for small business which ...

    Solution Summary

    This solution explains if James should set aside any of the contracts for small businesses based on the details provided.

    $2.19