Sources Sought Notice
A market research notice used to determine small business capability.
Definition
A Sources Sought notice asks whether capable businesses — especially small businesses — exist for a requirement. Agencies use responses to decide whether to set the acquisition aside.
Why it matters
Set-aside decisions are made here. If qualified small businesses do not respond, the requirement usually goes full and open.
Example
NAVFAC posts a Sources Sought for facility maintenance to test whether two or more SDVOSBs can perform.
Related terms
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