-
Notifications
You must be signed in to change notification settings - Fork 0
/
Copy path100103.htm
145 lines (141 loc) · 7.95 KB
/
100103.htm
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>News&Events at the Center for Economic&Business Development</title>
<link rel="shortcut icon" href="/favicon.ico" type="image/x-icon" />
<meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" />
<link rel="stylesheet" type="text/css" href="css/cebd.css" />
<script language="JavaScript1.2" type="text/javascript" src="inc/date.js" ></script>
<script src="/__utm.js" type="text/javascript"></script>
<script src="/__utm.js" type="text/javascript"></script>
</head>
<body>
<div class="hide"><a href="#content" title="Skip navigation." accesskey="2">Skip
navigation</a>.</div>
<div id="header">
<div id="topheader">
<div id="topheader2"> Center for Economic & Business Development </div>
</div>
<div id="subheader"><img src="images/mtn3a.jpg" alt="CEBD Logo" name="header1" border="0" id="header1" /><a href="http://www.swosu.edu"><img src="images/mtn3b.jpg" alt="SWOSU Home" name="header2" border="0" id="header2" /></a></div>
</div>
<div id="midbackground">
<div id="midbar">
<div id="crumbs"> <a href="index.htm">Home</a> » <a href="news.htm">News & Events</a> » Current
Story </div>
<div id="date">
<script language="JavaScript" type="text/javascript">
<!--
document.write(months[month] + " " + day + ", " + year);
//--></script>
</div>
</div>
</div>
<div id="container">
<div id="menu">
<div id="mainmenu">
<h2>Menu</h2> <ul>
<li><a href="remi.htm">Economic Impact Analysis</a></li>
<li class="altmenu"><a href="eda.htm">EDA University Center at SWOSU</a> </li>
<li><a href="osbdc.htm">Oklahoma Small Business Development Center</a></li>
<li class="altmenu"><a href="student-intern-program.htm">CEBD Student Intern Program</a></li>
<li ><a href="eng-program.htm">Oklahoma State University Applications Engineering Program</a></li>
<li class="altmenu"><a href="publications.htm">Publications</a></li>
<li ><a href="news.htm">News & Events</a></li>
<li class="altmenu"><a href="business-market.htm">Local Business and Labor Market</a></li>
<li ><a href="soic.htm">SOIC</a></li>
<li class="altmenu"><a href="soic-reg-econo.htm">SOIC Regional Economic Indicators</a></li>
<li><a href="soic-momentum.htm">Momentum Charts & Economic Statistics </a></li>
<li class="altmenu" ><a href="http://www.swosu.edu/news/releases/2009/2009-05-21a.asp">Honors</a></li>
<li ><a href="contact.htm">Contact Us</a></li>
<li class="altmenu"><a href="docs/cebd-mag.pdf">CEBD Magazine (PDF)</a></li>
<li ><a href="docs/western-ok-labor-force-study.pdf">Western Oklahoma Labor Force Study (PDF)</a></li>
<li class="altmenu"><a href="weatherford-communityvue.pdf">Weatherford CommunityVue (PDF)</a></li>
</ul>
</div>
<div id="addressmenu">
<h2>CEBD Contact Information:</h2>
<ul>
<li>100 Campus Drive</li>
<li>Weatherford, OK 73096</li>
<li>580.774.7095</li>
<li>fax: 580.774.7096</li>
<li><a href="mailto:[email protected]">E-Mail the CEBD</a></li>
</ul>
</div>
</div>
<div id="content">
<div id="story">
<h1>HUB Zone: Historically Underutilized Business Zone Program</h1>
<ul id="tagline">
<li>October, 2003</li>
<li>by: Lisa Rockett</li>
</ul>
<p>The HUB Zone program provides federal contracting assistance for qualified
small business concerns located in historically underutilized business
zones (HUB Zones). The law was created in an effort to increase employment
opportunities, investment, and economic development in those areas, long
neglected as potential business sites. The law requires that 3 percent
of all federal contract funding be directed towards a HUB Zone certified
business. Although the percentage seems small, this equals $6 billion
in set aside monies going toward HUB Zone Small Business.</p>
<p>The HUB Zone Empowerment Contracting program was enacted into law as
part of the Small Business Re-authorization Act of 1997. The program
falls under the auspices of the U.S. Small Business Administration. The
program encourages economic development in historically underutilized
business zones -'B Zones'- through the establishment of preferences.</p>
<p>SBA's HUB Zone program is in line with the efforts of both the Administration
and Congress to promote economic development and employment growth in
distressed areas by providing access to more Federal contracting opportunities.</p>
<p>To be eligible for the HUB Zone program and become a certified HUB Zone
small business, a company must be a small business owned and controlled
by U.S. citizens. The principal office must be located in a HUB Zone,
and at least 35 percent of its employees must live in a HUB Zone. To
be considered a resident of a HUB Zone, the employee must either have
registered to vote in the HUB Zone or lived there for at least 180 days.
The Small Business Administration (SBA) has decided that only full-time
employees who work at least 30 hours per week are eligible.</p>
<p>To become a HUB Zone small business, the owner(s) must apply to the
SBA for certification. If granted, the SBA will add the business to the
list of certified HUB Zone small businesses. The SBA maintains a listing
of qualified HUB Zone small businesses that Federal agencies can us to
locate vendors.</p>
<p>There are four types of HUB Zone contracting opportunities:</p>
<p>Competitive: Contracts can be set-aside for HUB Zone competition when
the contracting officer has a reasonable expectation that at least two
qualified HUB Zone small businesses will submit offers and that the contract
will be awarded at a fair market price.</p>
<p>Sole Source: HUB Zone contracts can be awarded if the contracting officer
determines that:</p>
<ul>
<li>only one qualified HUB Zone small business is responsible to perform
the contract,</li>
<li>two or more qualified HUB Zone small businesses are not likely to
submit offers and</li>
<li>the anticipated award price of the proposed contract will not exceed
$5 million for manufacturing requirements and $3 million for all other
requirements.</li>
</ul>
<p> Full & Open: Competitive contracts can be awarded with a price
evaluation preference. The offer of the HUB Zone small business must
not be 10 percent higher than the offer of a non-small business.</p>
<p> Subcontracting: All subcontracting plans for large business Federal
contractors must include a HUB Zone subcontracting goal.</p>
<p> To be awarded contracts under the program, your firm must first meet
HUB Zone eligibility requirements, be certified by the U.S. Small Business
Administration (SBA) as a qualified HUB Zone small business, and be listed
on SBA's 'List of Qualified HUB Zone Small Business Concerns' and in
SBA's PRO-Net database. For SBA to certify your firm, they must analyze
some factual information about it. They have developed an electronic
application form for you to use. You can access the electronic application
on their web-site www.sba.gov/hubzone.</p>
<p> Return next month for more detailed information regarding "Qualified
Economically Distressed Areas in Western Oklahoma". If you have any questions,
please contact me (Lisa Rockett) by phone (580.774.7017) or <a href="mailto:[email protected]">e-mail</a>.</p>
</div>
</div>
</div>
<div id="footer">
<div id="subfooter"> </div>
</div>
</body>
</html>