Subpart 19.5 of the Federal Acquisition Regulations contains guidance for agencies when it comes to set-asides for small business concerns to include what is commonly referred to as the ‘Rule of Two.’
Generally speaking, the ‘Rule of Two’ is most often associated with streamlined purchases conducted under the Simplified Acquisition Procedures when the value of the purchase falls within the Simplified Acquisition Threshold of $3,000 to $150,000.
