In late 2019, the SBA issued a final rule, making several changes to the HUBZone program. Join us as we discuss these changes as well as SBA’s related guidance and provide an overview of the HUBZone program’s requirements, including:
Ownership, control, and other HUBZone eligibility criteria.
Benefits: HUBZone set-asides, sole-source contracts, and price preference.
The principal office rule and why it may not be your headquarters.
The 35% employee rule and the “attempt to maintain” standard.
Who qualifies as an employee and what happens if they move.
The clear line of fracture standard.
Maintaining compliance in a changing landscape.
If you’re a HUBZone concern trying to navigate these uncharted waters or have thought about obtaining HUBZone certification in the future, this webinar is for you. Register here.
Until now, the Federal Aviation Administration (FAA) did not participate in the SBA’s Historically Underutilized Business Zones (HUBZone) Contracting Program. But as of January 2021, it looks like that may be changing!
If you were to fire up the ol’ Google and search for the phrase “hubzone map” guess what you would get—not one but two links that purport to be the Small Business Administration’s Historically Underutilized Business Development Zone (HUBZone) program map.
Is there any indication which is the correct map? No. Might one return false results? Yes.
Just last week during a Govology webinar on Women-Owned Small Businesses, one of the attendees asked an insightful question about the different standards for giving sole source awards to participants in various government programs. She wanted to know the difference between how contracting officers go about offering an 8(a) sole source award and a WOSB sole source award.
SBA proposed a major revamp of how it will interpret and enforce the HUBZone program’s rules back in October of 2019. We wrote about the major changes in a couple of posts (here and here) as well as some of the common misconceptions that SBA cleared up as part of the proposed rule.
Well, the wait is over. SBA will release the final rule November 26 and the new rules will become effective on December 26, 2019.
Clients who own businesses under one of SBA’s socioeconomic designations have often asked us, what happens after I’m gone? Meaning, if the key owner becomes incapacitated or dies, what happens to the set-aside designation for future contracts and ongoing contracts, and are there restrictions on transferring the ownership interest?
While we can’t answer all their questions, my recent article in the March 2019 issue of Contract Management Magazine (the monthly publication of the National Contract Management Association), outlines some of the key issues and answers from the government contracting perspective.
The magazine has nicely allowed us to reprint the article. Click here to read!