Offering letters Sample Clauses

Offering letters. The Treasury Department will follow the procedures at 13 CFR § 124.502 and FAR 19.804-2 for instructions to offer a procurement to the SBA for award through the 8(a) BD Program and to submit offer letters to the SBA District Office. The SBA District Office will evaluate the offering letter package to determine if complete or request additional information if necessary. The Treasury Department will allow the SBA five (5) working days to complete the review and respond with acceptance or decline. Actions below the Simplified Acquisition Threshold (SAT) do not require offer and acceptance but do still require an eligibility determination for the 8(a) Program Participant (see Section III.A.3.b). a. Sole source 8(a) Offers: Follow the procedures at FAR 19.808-1 and 13 CFR § 124.502(a). The Treasury Department will coordinate with SBA on all offer letters for sole source 8(a) procurements to verify eligibility.