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:
The procurement does not exceed $7.5 million for products or $4 million for professional services,
The contracting officers do not have a reasonable expectation that two or more qualified HUBZone small businesses will submit offers, and
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
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..
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.