If your firm no longer qualifies for HUBZone Certification, there may be other certifications it does qualify for. Browse the Federal Small Business Certification Options page if you want to learn more about other certifications and y our eligibility. Use the Small Business Calculator Tool below to see if your business qualifies for any Small Business Certification.
Day: January 18, 2024
What happens to employees who will no longer live in a HUBZone when the map is updated?
As of the July 2023 map update, employees who no longer reside in a HUBZone area would not be counted as HUBZone residents when determining the eligibility of a business. There is a requirement that 35% of fulltime employees must reside in a HUBZone. The HUBZone Map updates every 5 years, the next one being in 2028. If you are unsure of your eligibility, use the map and then click the button below to fill out the eligibility questionnaire.
What are the VA Subcontracting Goals?
VA Subcontracting Goals
The 2022 VA subcontracting goals are based upon total procurement dollars expended and are the suggested minimum goals for VA administered subcontracting plans. Below is a table of the exact percentage the VA spends on their federal contracting dollars and to who they award them to. You can also browse the VOSB Certification and Eligibility page to learn more.
What is the grace period for self certified VOSBs and SDVOSBs?
Grace Period for Self-Certified Firms
- The NDAA 2021 grants a one-year grace period for self-certified SDVOSBs until January 1, 2024. During the grace period, self-certified businesses have one year to file an application for SDVOSB certification and may continue to rely on their self-certification to compete for non-VA SDVOSB set-aside contracts.
- Self-certified SDVOSBs that apply before January 1, 2024, will maintain their eligibility through the expiration of the grace period until SBA issues a final eligibility decision.
- VOSBs and SDVOSBs seeking sole-source and set-aside opportunities with the VA must be certified – there is no grace period.
To check more of the benefits and your eligibility for a VOSB/SDVOSB Certification, click the button below
What is a Competitive Set-Aside Contract?
Competitive Set-Aside Contracts
When at least two small businesses could perform the work or provide the products being purchased, the government sets aside the contract exclusively for small businesses. With few exceptions, this happens automatically for all government contracts under $150,000.
Some set-asides are open to any small business, but some are open only to small businesses who participate in SBA contracting assistance programs.
To check more of the benefits and your eligibility for a Small Business Certification, click the button below
What is a Sole-Source Set-Aside Contract?
Sole-Source Set-Aside Contracts
Most contracts are competitive, but sometimes there are exceptions to this rule. Sole-source contracts are a kind of contract that can be issued without a competitive bidding process. This usually happens in situations where only a single business can fulfill the requirements of a contract.
To be considered for a sole-source contract, register your business with the System for Award Management (SAM) and participate in any contracting program you may qualify for.
In some cases, sole-source contracts must be published publicly, and will be marked with an intent to sole source. Potential vendors can still view and bid on these contracts. Once the bidding process begins, the intent to sole-source may be withdrawn.