A major FAR Part 19 Overhaul was implemented to streamline small business participation, including new guidance on how the "rule of two" applies to orders under multiple-award contracts.
: Establishes policies for reserving certain acquisitions exclusively for small business concerns. Download Part19 txt
: A mandatory feature requiring contracts over the micro-purchase threshold to be set aside for small businesses if at least two competitive small business offers are expected. A major FAR Part 19 Overhaul was implemented
: A complete, searchable PDF of the entire FAR is available here . Key Features of FAR Part 19 Download Part19 txt
: Provides the framework for using North American Industry Classification System (NAICS) codes to determine if a business qualifies as "small" for a specific industry.