It should also lead to a clear understanding of the industry's business practices and standard terms and conditions, which should be used to tailor the commercial item solicitation.
Market research is required for all purchases over the Simplified Acquisition Threshold.
Generally, buys below the SAT should not be delayed for market research. It should be performed only when adequate information is not available and the contracting officer determines that research will be cost effective. The urgency of the procurement, as time may not permit extensive research. The amount of information already available. The volatility of the market or industry.