There are four types of contracts that HUBZone certified business can qualify for.
- A competitive HUBZone contract can be awarded if the Contracting Officer has a reasonable expectation that at least two qualified HUBZone certified small businesses will submit offers, and that the contract can be awarded at a fair market price.
- A sole source HUBZone contract can be awarded if the Contracting Officer does not have a reasonable expectation that two or more qualified HUBZone certified small businesses will submit offers, determines that the qualified HUBZone certified small business is responsible, and determines that the contract can be awarded at a fair price. The Government estimate cannot exceed $5 million for manufacturing purchases, or $3 million for all other requirements.
- A full and open competition contract can be awarded with a price evaluation preference. The offer of the HUBZone small business will be considered lower than the offer of a non-HUBZone/non-small business, providing that the offer of the HUBZone small business is not more than 10 percent higher than that of the non-HUBZone business.
- A subcontract could be awarded by a large prime contractor. Federal rules require these contractors to include HUBZone contracting goals.
The process to apply for a HUBZone certification can be lengthy and time consuming. Our team can help you with the application process and help save you time and headaches. Contact us to learn more.