How long does HUBZone certification last?

CFR · 2024-01-01 · US · Title 13

(a) (1) A certified HUBZone small business concern that acquires, is acquired by, or merges with another business entity must notify SBA within 30 days of the transaction becoming final. The concern must then demonstrate to SBA that it continues to meet the HUBZone eligibility requirements in order for it to remain eligible as a certified HUBZone small business concern. (2) A certified HUBZone small business concern that is performing a HUBZone contract and fails to attempt to maintain the minimum employee HUBZone residency requirement ( (b) (c) (1) If SBA determines that the concern is no longer eligible at the time of its recertification, SBA will propose the HUBZone small business concern for decertification pursuant to § 126.503. (2) If SBA determines that the concern continues to be eligible, SBA will notify the concern of this determination. In such case, the concern will: (i) Continue to be designated as a certified HUBZone small business concern in DSBS (or successor system); and (ii) Be treated as an eligible HUBZone small business concern for all HUBZone contracts for which the concern qualifies as small for a period of one year from the date of the recertification. (d)

official document · source cfr-2024 · id 13:§ 126.501