Small Business Programs & Subcontracting Plans Exam Questions and Answers 100% Pass

NAICS Code - ANSWER-FAR 19.303 North American Industrial Classification System (NAICS) Describes the principle purpose of that specific procurement. Should reflect the "preponderance of the effort" Should do a D&F on why you chose a specific NAICS Small Business Concern - ANSWER-Not dominant in the field of operation in which it is bidding Qualified as small business under criteria and size standard (NAICS) Policy as it relates to Small Businesses - ANSWER-FAR 19.201(a) It is the policy of the Government to provide maximum practicable opportunities to Small Businesses DD 2579 - ANSWER-Small Business Coordination Record Order of Precedence for Small Business Programs - ANSWER-FAR 19.203 There is no order of precedence among 8(a), HubZONE, SDVOSB, or WOSB programs What Small Business Program do you set-aside for if you expect 2 more responsible offers from multiple programs - ANSWER-Look at where the AF may be lacking in their SB goals and set the acquisition aside for that category Rule of Two - ANSWER-Acquisitions between $3500 and $150,000 where the CO can reasonably determine two or more small businesses will bid on an acquisition Non-Manufacturer Rule - ANSWER-FAR 9.001 Means that a contractor under a small business set-aside or 8(a) contract shall be a small business under the applicable size standard and shall provide either its own product or that of another domestic small business manufacturing or processing concern Bundling - ANSWER-Consolidating two or more requirements for supplies or services, previously provided or performed under separate smaller contracts, into a solicitation for a single contract that is likely to be unsuitable for award to a small business 8(a) Program - ANSWER-SBA accepts requirements under the 8(a) program, and it remains 8(a) unless SBA agrees to release it KTRs are in the 8(a) program for 9 years Certificate of Competency - ANSWER-FAR 19.602 SBA makes the determination that a small business is capable of performing the work, in reaction to a non-responsibility determination (or upon request from CO)