What are the possible outcomes of a program examination and when will SBA make its determination?

CFR · 2024-01-01 · US · Title 13

(a) (b) (1) And the D/HUB (or designee) determines that the concern is eligible, SBA will send a written notice to the HUBZone small business concern and continue to designate the concern as a certified HUBZone small business concern in DSBS (or successor system). (2) And the D/HUB (or designee) determines that the concern is not eligible, the concern will have 30 days to submit documentation showing that it is eligible. During the 30-day period, such concern may not compete for or be awarded a HUBZone contract. If such concern fails to demonstrate its eligibility by the last day of the 30-day period, the concern will be decertified. (c) (1) And the D/HUB (or designee) determines that the concern is eligible, SBA will send a written certification notice to the concern and designate the concern as a certified HUBZone small business concern in DSBS (or successor system). (2) And the D/HUB (or designee) determines that the concern is ineligible, SBA will send a written decline notice to the concern.

official document · source cfr-2024 · id 13:§ 126.404