Market Research Report Format
Market Research Report Format
This memorandum is in accordance with Federal Acquisition Regulation (FAR) Part 10.000, which
describes the policies and procedures for conducting market research in order to arrive at the most
suitable approach to acquiring, distributing, and supporting supplies and services. This part implements
requirements of 41 U.S.C. 3306(a)(1), 41 U.S.C. 3307, 10 U.S.C. 2377, and 6 U.S.C. 796. The extent of
market research will vary, depending on such factors as urgency, estimated dollar value, complexity, and
past experience. Market research involves obtaining information specific to the item being acquired.
If a section of this form is not applicable, it should be so identified and supported by a brief explanation.
a. Phone Number:
b. E-mail Address:
a. Phone Number
b. E-mail Address
Acquisition Title:
NAICS:
Solicitation/Requisition Number:
a. Base
Period Of Performance:
a. Base
Provide a brief description of the minimum requirements in terms sufficient to convey the
purpose of the acquisition. Limit the description to the top essential tasks and/or skill sets
required and used to conduct market research.
2. Feasibility of Requirement: The results of market research have determined that the
Government's needs can be met by items of the following type (check the appropriate box):
Include a discussion of why the NAICS code selected was used and provide any
applicable endnotes or exceptions applicable. The NAICS code identified in the Market
Research Report should be consistent with the NAICS code publicized via the market
research notices, and the CD-570 - Small Business Set-Aside Review form. If another
NAICS code is deemed more appropriate after market research results, please provide
an explanation and how further market research was conducted with the new code.
New
Sole-Source
Re-Compete
Consolidated/Bundled
b. Use the table below for sole-source, re-compete and bundled/consolidated historical
information. For bundled/consolidated actions list the contract numbers and task
order numbers recommended for consolidation and/or bundling. Attach a spreadsheet
with the same information below if more room is required.
a. Include a necessary and justified analysis based on the results of market research as
required by FAR section 7.107-1 thru 4.
Justification & Analysis Attached
a. The following methods were utilized to conduct Market Research (Check which
method(s) are applicable):
Searched SAM
Contacted SBA
Other(List):
b) Identify the names of the vendors found as a result of market research, including
business size, socio-economic status, and the assessment of vendor capabilities
(attach a chart that identifies vendor capability by task, a yes/no description is not
acceptable without explanation).
Chart attached
Comments:
If applicable
WOSB
Sources
EDWOSB
Sources
HUBZone
Sources
SDVOSB
Sources
FPI/JWOD
Sources
LB Sources
Comments:
If Applicable
Describe how the fair market value information was determined-e.g., quotes, catalog
pricing, etc.
11. Recommendation:
Describe how the requirement will be competed and awarded (performance -based
service contract, FAR Part 15, small business program set-aside, etc.). Also include any
risk factors that could potentially affect the acquisition strategy.
Contract Specialist/
Contracting Officer
(signature):
Date:
Name:
Date:
Name:
Title: