TexAmericas Center has announced the extension of its Small Business Administration (SBA) Historically Underutilized Business Zone (HUBZone) designation until June 30, 2023.
TexAmericas Center Announces Extension of its SBA HUBZone Designation 1017hotfm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1017hotfm.com Daily Mail and Mail on Sunday newspapers.
SBA Extends the HUBZone Map Freeze to June 30, 2023, May 5, 2021, Jon Williams and Anna Wright
Today, the Small Business Administration (SBA) issued a direct final rule extending the HUBZone map freeze from December 31, 2021, to June 30, 2023. The direct final rule (available here) takes effect on June 21, 2021. This is the latest in a series of developments for the HUBZone Program in 2021. Read more here.
COFC Denies DOJ/Microsoft Motion to Dismiss Amazon JEDI Protest, May 5, 2021, Lauren Brier
On April 28, 2021, the U.S. Court of Federal Claims issued a sealed decision denying the Department of Justice’s (DOJ) and Microsoft’s motions to dismiss Amazon Web Services’ (Amazon) bid protest of the Pentagon’s $10 billion Joint Enterprise Defense Infrastructure (JEDI) cloud contract. Amazon claims repeated prejudicial errors against Amazon Web Services due to influence from then-President Donald Trump and other high-level government officials aiming to harm Amazon. D
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Today, the Small Business Administration (SBA) issued a direct final rule extending the HUBZone map freeze from December 31, 2021, to June 30, 2023. The direct final rule (available here) takes effect on June 21, 2021. This is the latest in a series of developments for the HUBZone Program in 2021; read PilieroMazza’s previous coverage on the developments impacting the HUBZone Program here and here.
Several years ago, SBA froze the HUBZone maps until December 31, 2021, to ensure that firms would have enough time to plan after seeing how the results of the 2020 Census would impact the HUBZone maps. However, due to the pandemic, the 2020 Census results are behind schedule and SBA does not expect to have the data it needs until December 2022. Therefore, to ensure HUBZone firms have enough time to plan around the new HUBZone maps based on the 2020 Census data, SBA’s direct final rule will keep the HUBZone maps �
On February 10, 2021, the Small Business Administration (SBA) announced new policy changes to the Paycheck Protection Program (PPP) meant to address an ongoing issue loan applicants face regarding validation error codes. These error codes serve as validation checks to combat fraud and prevent improper loans from being issued to ineligible businesses. However, many eligible businesses have received such error codes during the application and forgiveness process, delaying necessary economic relief.
SBA’s new changes grant additional authorities to lenders for borrowers experiencing validation error code challenges. Read more here.
The First 100 Days: President Biden’s Buy American Executive Order, What Government Contractors Need to Know, February 11, 2021, Jackie Unger and Anna Sullivan