H&W Global Receives HUBZone Certification
Lenora Leasure
PTAC Program Manager
Congratulations to H&W Global on their recent HUBZone certification. Due to designation updates in July 2017, H&W was able to take advantage of the Historically Underutilized Business Zones (HUBZone) program. The program helps urban and rural small businesses gain additional access to federal procurement opportunities. Benefits of being HUBZone certified include competitive contracting, a 10% price evaluation preference, and even sole sourcing. The federal government has a goal of awarding 3% of prime contracts to HUBZone certified small business and prime contractors also have a 3% subcontracting goal.
Although there are several
eligibility requirements
including the business be physically located in a HUBZone, companies often have trouble meeting the employee residence requirement. A minimum of 35% of a company’s employees must live in a HUBZone in order for a business to be eligible to apply for HUBZone certification. Prior to July 2017, only a few census tracts within area counties were eligible. Now, both Indiana and Somerset counties in their entirety are eligible.
Congratulations again to H&W Global, longtime JARI and JARI PTAC supportor. If you would like to learn more about the HUBZone or have any government contracting assistance needs, please contact the JARI PTAC at (814) 254-4022 or (814) 254-4023 or via email at
jariptac@jari.com
.
