Small Business Set-Aside Government Contracts

Small Business Set-Asides are federal contracts reserved exclusively for small businesses. The SBA defines size standards for each NAICS code based on annual receipts or number of employees. Contracts over $250,000 must be set aside for small businesses when there is a reasonable expectation that offers will be received from at least two responsible small business concerns and award will be at fair market prices. The federal government has a goal of awarding 23% of prime contract dollars to small businesses.