48 CFR §1419.503-70
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Acquisitions for construction (as defined in Federal Acquisition Regulation (FAR) 2.101) estimated to cost $2 million or less must be set-aside on a class basis for exclusive participation by small business or disadvantaged business concerns. This class set-aside does not apply when:
- (1)The acquisition is procured using simplified acquisition procedures;
- (2)A non-competitive acquisition has been approved under the procedures of FAR 6.3;
- (3)Work is to be performed outside the U.S.; or
- (4)The Bureau Procurement Chief determines that adequate competition is not likely to be obtained if the acquisition is restricted to small business concerns.
- (b)[Reserved]