13 C.F.R. § 126.612

Current through October 31, 2024
Section 126.612 - When may a CO award sole source contracts to HUBZone small business concerns?

A contracting officer may award a sole source contract to a HUBZone small business concern only when the contracting officer determines that:

(a) None of the provisions of §§ 126.605 or 126.607 apply;
(b) The anticipated award price of the contract, including options, will not exceed:
(1) $7,000,000 for a contract assigned a manufacturing NAICS code, or
(2) $4,500,000 for all other contracts.
(c) Two or more HUBZone small business concerns are not likely to submit offers;
(d) A HUBZone small business concern is a responsible contractor able to perform the contract; and
(e) In the estimation of the CO, contract award can be made at a fair and reasonable price.

13 C.F.R. §126.612

63 FR 31908, June 11, 1998, as amended at 69 FR 29425 , May 24, 2004; 74 FR 46887 , Sept. 14, 2009; 83 FR 12852 , Mar. 26, 2018; 84 FR 65248 , Nov. 26, 2019; 86 FR 61673 , Nov. 8, 2021
83 FR 12852 , 5/25/2018; 84 FR 65248 , 12/26/2019; 86 FR 61670 , 2/7/2022