Federal Procurement, Leveraging Set-Asides
Take HUBZone by the Horns!
20 Jun, 2016 0 Comments
What are HUBZones? HUBZones, Historically Underutilized Business Zones, were created in 1997, as part of the Small Business Reauthorization Act, to provide government contracting assistance to small businesses located in these zones. The pre-conditions for a company to be classified as HUBZone are pretty strict- it must be a small business by SBA standards, 35% of the company’s employees must reside within a HUBZone, and the company’s principle office must be located within a HUBZone. Why should we care? The...