A set-aside is a federal contract reserved for a defined group of businesses, so that only companies in that group compete. Categories include small business, 8(a), HUBZone, women-owned (WOSB) and service-disabled veteran-owned (SDVOSB). The purpose is to steer a share of federal spending to smaller and disadvantaged firms.
For a bidder, the set-aside changes who you are up against, which changes the price. AwardCast shows the set-aside on every solicitation and forecasts the closing price given that competitive field.
Total small business, 8(a), HUBZone, women-owned (WOSB) and service-disabled veteran-owned (SDVOSB) are the most common. Each reserves work for that category.
They change who competes, which changes the price. A reserved pool can mean fewer or different competitors than open competition.
It is stated on the notice. AwardCast surfaces the set-aside on each solicitation it forecasts.
AwardCast forecasts what U.S. federal contracts close for, before you bid. Built on USASpending and SAM.gov. Not affiliated with the U.S. government. Technology by Chosing DEPT.