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Search Tags: HUBZone
The Internal Revenue Service said Wednesday it is seeking to cut its business relationship with a firm that may have had inside access to the agency's procurement decisions. Lawmakers also questioned agency decisions to award the company special status as veteran-owned and serving economically-disadvantaged areas.
Federal agencies already have had a hard time meeting their goal to award 3 percent of contract dollars to small businesses located in Historically Underutilized Business Zones (HUBZone). But the 2010 Census wiped out more than 30 percent of the HUBZone companies certified by the Small Business Administration — leaving agencies searching for new firms and decertified firms trying to figure out what's next.
Tags: contracting , David Spinazzolo , Metropolitan Laboratories , Mark Crowley , HUBZone Contractors National Council , John Shoraka , SBA , set-asides , Jolie Lee , small business , Small Business Dilemma , Exclusive
SBA released data today that showed the amount of total dollars going to small firms is down as are the overall percentage of contracts small businesses won in 2011. Agencies made only one governmentwide goal for SDBs last year.
GAO say parity among 8(a), service disabled and HUBZone programs is no longer valid.
Agencies must give priority to businesses in economically depressed areas when setting aside contracts for small businesses.
As part of its latest undercover operation, the Government Accountability Office obtained certification in the Historically Underutilized Business Zone program for three phony firms. SBA's Joe Jordan tells us about changes being made to HUBZone as a result.