The RISE Act allows SBA to give agencies double credit for contracting goaling purposes!

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SBA HUBZone Program

Hello HUBZone Community,

During the period of a Presidentially declared major disaster, procuring agencies can provide contracting preferences for the small businesses that located these areas.

The Recovery Improvements for Small Entities After Disaster Act of 2015 (RISE Act) authorizes SBA to:

  • establish contracting preferences for small businesses located in disaster areas, including HUBZone firms, and 
  • give agencies double credit for awards to these small businesses that are located in the Presidentially declared major disaster areas.

Example:

  • Army Corps of Engineers enters into FPDS a $15,000,00 HUBZone set-aside award and identifies it as a local area set aside
  • SBA provides the extra credit through the agency Goaling Scorecard process
  • Results in the Army Corps of Engineers getting a credit for 
               $30,000,000 towards their HUBZone goals, and
               $30,000,000 towards their small business goals.

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