$1000 on application, $1500 to begin verification, $2000 on final submission
Certification entitles holders to be a part of the 3% set aside in the federal budget of $500 billion for businesses in this category. This also entitles you to a 10% price evaluation preference, which means qualifying business can bid for contracts 10% higher than are marked by the contract.
Basic Requirements:
- Business must hold an active SAM registration.
- Business must be at least 51% held by one or more US citizens
- Business must be located in a Historically Underutilized Business Zone
- At least 35% of the staff must be resident in the HUBZone
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