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Sole source justification dollar threshold
Nov 12, · The final rule also changes the SBA’s regulations covering justification and approval thresholds for sole source 8(a) procurements in order to reflect recent statutory . With. DoD Formally Increases 8(a) Sole-Source Threshold to $ Million The amendment increases the threshold from $22 million to $ million. . Find all types of results for sole source justification dollar threshold in Yahoo. You will always find what you are searching for with Yahoo. News, Images, Videos and many more relevant results all in one place. What is “sole source” procurement? § (c) in the. Sole source procurements must adhere to the standards set forth in 2 C.F.R. Sole Source Justification. Procurement by noncompetitive proposals, referred to as sole source procurement, is procurement through solicitation of a proposal from only one source. Offerings for 8a Sole Source Contract Justification must be approved by the appropriate official under FAR The sole source justification and related material must be available to the public under FAR The Agency should submit its justification and approval to the SBA when contracts exceed the $20 million threshold. These requirements apply to all funding sources: state, Research Foundation or UB . The justification must demonstrate that only one company can provide goods or perform services. Both SBA's regulations and the Federal Acquisition Regulation require you to consider SBA socio-economic programs first for set-aside and sole-source contracts.