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HUBZone Program

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... to include base closure areas that has undergone final closure shall be treated ... Base Closure Area means lands within the external boundaries of a military ... – PowerPoint PPT presentation

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Title: HUBZone Program


1
HUBZone Program
  • Purpose
  • Create Job Opportunities in Economically
    Distressed Areas aka HUBZones
  • Mitigate Unemployment and Underemployment in
    HUBZones
  • Improve Security, Safety Quality of Life in
    HUBZones through Infrastructure Development

2
HUBZone Program
  • Created by
  • Section VI of Public Law 105-135 on December 2,
    1997
  • Provides for
  • HUBZone Set-Asides
  • Price Evaluation Preference in Full and Open
    Competition,
  • Except when the low bid or best offer is a small
    business
  • Sole Source Awards

3
HUBZone Program
  • Division K, Subtitle E, Section 152(a) of the
    Consolidated Appropriations Act of 2005 aka
    Public Law 108-447
  • Expansion of Qualified Areas to include base
    closure areas that has undergone final closure
    shall be treated as a HUBZone for a period of 5
    years

4
HUBZone Program
  • Base Closure Area means lands within the external
    boundaries of a military installation that were
    closed through a privatization process
  • Benefits of Section 152(a)
  • Improve value of BRAC properties
  • Lessen local opposition to the BRAC
  • Improve economic viability of installations
    closed through BRAC process

5
HUBZone Program
  • Section 152(b) expands HUBZone qualification
    based on unemployment to be a rate not less than
    140 of the average unemployment rate for the
    U.S. or for the State in which such county is
    located.

6
HUBZone Program
  • Section 154 amends the Small Business Act (15
    U.S.C. 657a(d)) by striking 2001 through 2003
    and inserting 2004 through 2006
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