Martin County Hub Zone
The HUBZone program stimulates economic development by providing federal contracting preferences to small businesses. These preferences go to small businesses that meet all of the neccesary requirements to obtain HUBZone certification.
Click Here to see a map of the Martin County HUB Zones
Federal Contract Benefits
HUBZone contract opportunities:
Competitive: Contracts can be set aside for HUBZone competition when the contracting officer has a reasonable expectation that at least two qualified HUBZone small business concerns (SBCs) will submit offers, and that the contract will be awarded at a fair market price.
Sole-source: HUBZone contracts can be awarded if the contracting officer determines that:
Only one qualified HUBZone SBC is responsible to perform the contract.
Two or more qualified HUBZone SBCs are not likely to submit offers.
The anticipated award price of the proposed contract, including options, will not exceed:- $5 million for a requirement within the North American Industry Classification System (NAICS) code for manufacturing- $3 million for a requirement within all other NAICS codes
Full and open competitive contracts can be awarded with a price evaluation preference. The offer of the HUBZone small business must not be 10 percent higher than the offer of a non-small business.
Subcontracting: All subcontracting plans for large business federal contractors must include a HUBZone subcontracting goal.
For more information call us at 772-221-1380.