The results are in. The Small Business Administration (SBA) released its FY2019 Small Business Procurement Scorecard. This scorecard serves as an annual report showing if federal agencies met their small business contracting requirements. Although things are looking dismal in the commercial sector, the federal sector is still going strong on small business spending.
On Thursday April 2 at 11 AM ET, the USFCR Academy will be hosting a webinar on the HUBZone set-aside. Sign up on our webinars page and get a head start with this blog post.
The HUBZone Certification Program can help your business win more government contracts. USFCR provides a streamlined process to make sure this process happens error-free and compliantly.
Set-asides give small businesses a major advantage when it comes to winning contracts. If it wasn't for these distinctions, small businesses would have a much more difficult time getting established in government contracting. HUBZone certification is one of the more confusing set-asides to attain and that's why we'll dedicate this podcast episode to understanding it more.
Federal contracting is a highly competitive sector. Getting your foot in the door is a whole feat of its own. However, a true indicator of a contractor’s prowess and quality of work is when Uncle Sam chooses to build a working relationship with their business. Such is the case with RTG Building Services Inc. (which has held previous contracts under LP Custodial) winning their rebid on a janitorial contract with the U.S. Army Corps of Engineers. After a 10 year contract, the Army has once again solidified their trust in RTG Building Services Inc. with this recent award.
HUBZone regulation changes, approved by the U.S. Small Business Administration (SBA) earlier this year, take effect on August 24, 2016. They represent a significant expansion of opportunities for HUBZone small businesses–but also represent compliance challenges, especially in ensuring that joint venture agreements met all of the requirements of the new rule.
By revising 13 C.F.R. § 126.306, the SBA makes available new information about how it processes HUBZone applications. The regulation now reads:
A Canton, Ohio man was sentenced to one year in prison and ordered to repay $6.7 million for making false representations about the company’s office location so it could obtain a HUBZone certification and qualify for federal contracts, said Steven M. Dettelbach, United States Attorney for the Northern District of Ohio.
Do you know what the terms “set-aside” and “simplified acquisition” means in terms of government contracting? If you don’t, you’re not alone. Many of our clients see these terms in solicitations and ask us to better explain what the terms mean and if their company even qualifies.