[Code of Federal Regulations] [Title 48, Volume 1] [Revised as of October 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR19.503] [Page 368-369] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 1--FEDERAL ACQUISITION REGULATION PART 19_SMALL BUSINESS PROGRAMS--Table of Contents Subpart 19.5_Set-Asides for Small Business Sec. 19.503 Setting aside a class of acquisitions for small business. (a) A class of acquisitions of selected products or services, or a portion of the acquisitions, may be set aside for exclusive participation by small business concerns if individual acquisitions in the class will meet the criteria in 19.502-1, 19.502-2, or 19.502-3(a). The determination to make a class small business set-aside shall not depend on the existence of a current acquisition if future acquisitions can be clearly foreseen. (b) The determination to set aside a class of acquisitions for small business may be either unilateral or joint. (c) Each class small business set-aside determination shall be in writing and must-- (1) Specifically identify the product(s) and service(s) it covers; (2) Provide that the set-aside does not apply to any acquisition automatically reserved for small business concerns under 19.502-2(a). (3) Provide that the set-aside applies only to the (named) contracting office(s) making the determination; and (4) Provide that the set-aside does not apply to any individual acquisition if the requirement is not severable into two or more economic production runs [[Page 369]] or reasonable lots, in the case of a partial class set-aside. (d) The contracting officer shall review each individual acquisition arising under a class small business set-aside to identify any changes in the magnitude of requirements, specifications, delivery requirements, or competitive market conditions that have occurred since the initial approval of the class small business set-aside. If there are any changes of such a material nature as to result in probable payment of more than a fair market price by the Government or in a change in the capability of small business concerns to satisfy the requirements, the contracting officer may withdraw or modify (see 19.506(a)) the unilateral or joint set-aside by giving written notice to the SBA procurement center representative (if one is assigned), stating the reasons. [48 FR 42240, Sept. 19, 1989, as amended at 53 FR 43390, Oct. 26, 1988; 60 FR 34757, July 3, 1995; 63 FR 70270, Dec. 18, 1998]