Exam (elaborations)
Small Business Questions & answers with Complete solutions | Latest edition
Small Business Questions & answers with Complete solutions | Latest edition
[Show more]
Content preview
Small BusinessWhat is the DoD Small Business Program? - ANS-DoD policy is that a fair proportion of
DoD total purchases, contracts, subcontracts, and other agreements for property and
services and for sales of property, be placed with Small Business Programs and that
such small businesses have the maximum practicable opportunity to participate in DoD
acquisitions
FAR) 19.202 - ANS-requires that small business concerns be afforded an equitable
opportunity to compete for all contracts that they can perform to the extent consistent
with the Government's interest.
FAR part 19 includes - ANS-Maximum Practicable Opportunity
Fair Proportion of DoD Total Purchases
•Prime Contracts
•Subcontracts
•Sale of Property
A small business must meet the following criteria - ANS-Has a Place of Business in the
U.S., Operates Primarily within the U.S. or Makes a Significant Contribution to the U.S.
•Independently Owned and Operated
•Not Dominant in its Field
•A Sole Proprietorship, Partnership, Corporation or other Legal Form
Categories of Small Business include - ANS-Woman-Owned Small Business (WOSB)
Economically Disadvantaged Women-Owned Small Business (EDWOSB)
•Small Disadvantaged Business (SDB)
o 8(a) Certified Small Business
•Veteran-Owned Small Business (VOSB)
•Service-Disabled Veteran-Owned Small Business (SDVOSB)
•Historically Underutilized Business Zone Small Business (HUBZone)
Woman-Owned Small Business (WOSB) - ANS-a small business concern that is at least
51% owned and controlled by women.
Small Disadvantaged Business (SDB) - ANS-a small business that is at least 51%
owned and controlled by a socially and economically disadvantaged individual or
individuals.
, 8(a) Certified Small Business - ANS-participants can receive sole-source contracts, up
to a ceiling, including options, of $4 million for goods and services and $6.5 million for
manufacturing.
Veteran Owned Small Business (VOSB) - ANS-small business concern that is at least
51% owned and controlled by veterans. VOSBs are self-identifying.
Service Disabled Veteran Owned Small Business (SDVOSB) - ANS-participants can
receive sole-source contracts, up to a ceiling, including options, of $6 million for
manufacturing and $3.5 million for any other NAICS code.
HUBZone Small Business - ANS-established to promote job growth, capital investment,
and economic development to historically underutilized business zones, by providing
contracting assistance to small businesses located in these economically distressed
communities.
Initial Planning - ANS-we conduct market research to determine whether there is a
commercial solution available and whether small business can provide that solution.
Market Research - ANS-one of the steps in the Acquisition Process where Contracting
Officers can promote ma opportunity for small bus. utilization
Pre-Solicitation Phase - ANS-Initial Planning, Market Research, Acquisition Planning,
Procurement Request, SOW/PWS/SOO, and Factors/Sub-factors
Solicitation Award Phase - ANS-Solicitation [Request for Quote (RFQ), Invitation for
Bids (IFB), solicitation]
Evaluation (Technical, cost/price, past performance, Small Business Participation)
•Negotiation
•Award
What is DoD Policy regarding Small Business?
Be sure to include some of the main small business categories - ANS-DoD Policy
requires us to provide maximum practicable opportunity to small businesses, and there
are specific rules covering the proportion of DoD total purchases, Prime Contracts,
Subcontracts, and Sale of Property. It's in the FAR part 19.
Acquisition Team - ANS-composed of many different participants who work together to
navigate through the acquisition process. Each team member has specific tasks and is
empowered to make decisions within their areas of responsibility.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EXAMQA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$16.07. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79976 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now