SBA Seeks Comments on Proposed Updates to the HUBZone Program, and Clarifications to Other Small Business Programs

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On August 23, 2024, the Small Business Administration (SBA) published a proposed rule that would make changes to its regulations for the Historically Underutilized Business Zone (HUBZone) Program to clarify certain policies. In 2019, SBA made significant revisions to these regulations to enhance the program’s efficiency and effectiveness. The proposed rule aims to further clarify and refine some of these changes, particularly by requiring that any certified HUBZone small business to be eligible as of the date of offer for any HUBZone contract. Additionally, the rule proposes several amendments to SBA’s size and 8(a) Business Development (BD) regulations, along with technical adjustments to the Women-Owned Small Business (WOSB) and Veteran Small Business Certification (VetCert) programs.Top of FormBottom of Form Public comments on SBA’s proposals are currently due by October 7, 2024. Government contractors that participate in any of SBA’s small business programs should take note of the proposed changes and consider whether to address them through public comment.

 

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