Glossary · Glossary
Set-aside
A contract or portion of a contract reserved for competition only among a defined category of businesses, such as small businesses or a specific socioeconomic group. Set-asides are a primary tool for meeting federal small-business goals.
A contract or portion of a contract reserved for competition only among a defined category of businesses, such as small businesses or a specific socioeconomic group. Set-asides are a primary tool for meeting federal small-business goals.
Why it matters
A set-aside reserves a contract for a defined category of business, such as small or socioeconomic firms; for a qualifying vendor it removes larger competitors from the field entirely.
Standards & authorities
- FAR Part 19 (Small Business Programs)
Related in glossary
Frequently asked
What is Set-aside?
A contract or portion of a contract reserved for competition only among a defined category of businesses, such as small businesses or a specific socioeconomic group. Set-asides are a primary tool for meeting federal small-business goals.
Why does Set-aside matter for defense and counter-UAS operators?
A set-aside reserves a contract for a defined category of business, such as small or socioeconomic firms; for a qualifying vendor it removes larger competitors from the field entirely.
What standard or authority governs Set-aside?
Set-aside is defined or governed by FAR Part 19 (Small Business Programs).