The HUBZone Price Preference Provides a Benefit to Contractors– but at a Price

Share Button

The Historically Underutilized Business Zone (“HUBZone”) Act, 15 U.S.C. § 675a, sets forth three ways in which contracting agencies may provide contracting assistance to HUBZone contractors. The contracting agency may award contracts to HUBZone contractors on a sole source basis or they may restrict competition to just HUBZone contractors. In addition, on contracts to be awarded under full and open competition, contracting officers are to give a price preference to the prices offered by HUBZone contractors.

The HUBZone Act states that: “the price offered by a qualified HUBZone small business concern shall be deemed as being lower than the price offered …read more

Read more here:: Government Contracting

About

has written 936 post in this blog.

Share Button