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The historically underutilized business zones hubzone program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities.
Historically underutilized business hubzone. The historically underutilized business zones hubzone program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. The hubzone empowerment contracting program provides federal contracting opportunities for qualified small businesses located in distressed areas. Historically underutilized business zone hubzone historically underutilized business zone hubzone purpose.
The federal government has a goal of awarding at least 3 of all dollars for federal prime contracts to hubzone certified companies. The company must also maintain a principal office in one of these specially designated. The historically underutilized business zones hubzone program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities.
B the purpose of the hubzone program is to provide federal contracting assistance for qualified small business concerns located in historically underutilized business zones in an effort to increase employment opportunities. 19 1303 status as a hubzone small business concern. 19 1305 hubzone set aside procedures.
The program falls under the auspices of the u s. 19 1307 price evaluation preference for hubzone small business concerns. 19 1306 hubzone sole source awards.
Subpart 19 13 historically underutilized business zone hubzone program. The hubzone program was created in response to the hubzone empowerment act created by the us congress in 1998. The statewide procurement division historically underutilized business hub program administers the hub program in accordance with texas government code 2161 and texas administrative code title 34 chapter 20 subchapter d division 1 sections 20 281 to 20 298.
Agencies may set aside contracts for which only hubzone companies are allowed to. These preferences go to small businesses that obtain hubzone certification in part by employing staff who live in a hubzone. A the historically underutilized business zone hubzone act of 1997 15 u s c.
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