HOW AGENCIES CAN CONTRACT WITH A HUBZONE COMPANY OR A HUBZONE JOINT VENTURE
1. Sole Source: Contracting offices may award a sole-source contract to a HUBZone company or a HUBZone Joint Venture if:
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The procurement does not exceed $7.5 million for products or $4 million for professional services,
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The contracting officers do not have a reasonable expectation that two or more qualified HUBZone small businesses will submit offers, and
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The contracting officers determine that the qualified HUBZone small business is responsible and that the contract can be awarded at a fair price.
2. HUBZone Competitive Set-Aside: If two or more qualified HUBZone companies will submit offers, contracting officers
may conduct a HUBZone competitive set-aside. No contract size limit.
3. 10% Price Evaluation Advantage: A HUBZone or HUBZone joint venture has 10% Price Evaluation Advantage In Full and Open Competition Against Large Businesses. No contract size limit.
HUBZone JOINT VENTURE
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What is an all small business HUBZone joint venture? As per 13 CFR 126.616, an SBA-certified HUBZone small business and another small business can form an all small business HUBZone joint venture to pursue HUBZone contracts and subcontracts..
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Can an agency award a HUBZone contract to a HUBZone joint venture? Yes. According to 13 CFR 126.616, a HUBZone contract or subcontract can be awarded to a HUBZone joint venture, as long as the lead joint venturer is a certified HUBZone small business.