What must an agency do when purchasing above the micro-purchase threshold using SAP?

When an agency is purchasing above the micro-purchase threshold using Simplified Acquisition Procedures (SAP), it is required to set the contract aside for small businesses if there are suitable offers available. This practice supports the federal government's goal of contracting with small businesses, fostering competition, and encouraging entrepreneurship.

The approach of utilizing small business set-asides ensures that small businesses have equitable opportunities to participate in government contracting. Such measures help to promote economic stability and innovation by giving small enterprises a chance to compete for government contracts, thereby supporting job creation and economic growth.

In addition, while other methods such as sealed bidding or focusing on the lowest bidder might be relevant in different contexts, they do not apply specifically to the requirement when using SAP for contracts above the micro-purchase threshold. Setting aside contracts for women-owned businesses is a separate initiative that, while significant, is not mandated in every situation. Thus, emphasizing the requirement to set contracts aside for small businesses aligns with federal procurement policy and the principles of promoting diversity within the contracting process.