(a) The following procedures apply to the acceptance of requirements covered by the Partnership Agreement for acquisitions that exceed the simplified acquisition threshold.
- (1) The SBA's decision whether to accept the requirement will be transmitted to HUD in writing within 5 working days of receipt of the offer.
- (2) The SBA may request, and HUD may grant, an extension beyond the 5-day limit.
- (3) SBA's acceptance letters should be faxed or emailed to HUD.
- (4) If HUD has not received an acceptance or rejection of the offering from SBA within 5 days of SBA's receipt of the offering letter, the contracting officer may assume that the requirement has been accepted and proceed with the acquisition.
- (b) The contents of SBA's acceptance letter shall be limited to the eligibility of the recommended 8(a) contractor.
[77 FR 73529, Dec. 10, 2012]