Contributed by: Pamela Racer, NC PTAC
Do you own a small firm that does business with or is interested in doing business with the federal government? Did you know that while the federal government does about $600 billion a year in procuring activities, three percent of that total is targeted toward Historically Underutilized Business Zone (HUBZone) certified firms? Are you interested to know how you can get HUBZone certified to tap into those contracting opportunities?
The government limits competition for certain contracts to businesses in historically underutilized business zones. It also gives preferential consideration to those businesses in full and open competition. Joining the HUBZone program makes your business eligible to compete for the program’s set-aside contracts. HUBZone-certified businesses also get a 10 percent price evaluation preference in full and open contract competitions. HUBZone-certified businesses can still compete for contract awards under other socio-economic programs they qualify for.
To quickly check to see if your business is located in a designated HUBZone and qualifies for further consideration, go to the HUBZone Map on the SBA’s Website and type in your business address.
To learn more about the SBA’s HUBZone Federal Certification program and to determine if your business qualifies, go to https://www.sba.gov/federal-contracting/contracting-assistance-programs/hubzone-program.
For more information on local, state, and federal government contracting opportunities and the resources available, go to the PTAC (Procurement Technical Assistance Center) at SBTDC PTAC Support. Check out the client testimonials! We are proud of our clients and the success they have achieved with the resources provided by our counselors. My name is Pamela Racer, and I am the PTAC counselor for the Hickory/Boone area; you can reach me by calling (828) 251–6025 ext. 27 or by email at firstname.lastname@example.org.