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Glossary

Set-aside

A set-aside is a solicitation reserved for a class of business, most often small businesses in general or a socioeconomic program such as 8(a), HUBZone, WOSB or SDVOSB, so only eligible firms may compete.

HUBZone

HUBZone is an SBA certification for small businesses whose principal office is in a Historically Underutilized Business Zone and whose employees largely live in HUBZones, giving them access to HUBZone set-asides and a price evaluation preference.

Subcontracting plan

A subcontracting plan is the document a large business must submit with a proposal above a threshold in FAR 19.702, committing to goals for subcontracting with small, small disadvantaged, WOSB, HUBZone, veteran-owned and SDVOSB firms and describing how it will meet them.

5 results for "HUBZone"