FAR 19.304
Small disadvantaged business status.
(a) The contracting officer may accept an offeror’s representation that it is a small disadvantaged business concern (SDB) concern. (b) The provision at 52.219-1 , Small Business Program Representations, or 52.212-3 (c)(5), Offeror Representations and Certifications-Commercial Products and Commercial Services, is used to collect SDB data. (c) A representation of SDB status on a Federal prime contract will be deemed a misrepresentation of SDB status if the firm does not meet the requirements of 13 CFR 124.1001. (d) Any person or entity that misrepresents a firm's status as an SDB concern in order to obtain a contracting opportunity in accordance with section 8(d) of the Small Business Act, ( 15 U.S.C. 637(d) ) will be subject to the penalties imposed by section 16(d) of the Small Business Act, ( 15 U.S.C. 645(d) ), as well as any other penalty authorized by law.
Source: acquisition.gov — FAR
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