PNWC's Government Contracting Update

Ownership Rules Relaxed on HUBZone Businesses

in Blog by

The Small Business Administration (SBA) amended its regulations recently to incorporate provisions in the 2018 NDAA (National Defense Authorization Act). Among those provisions is a rule that takes effect next month relating to ownership requirements of HUBZone (Historically Underutilized Business Zone) businesses. The new regulations will allow indirect ownership by United States citizens.

Source: PNWC’s Government Contracting Update: Ownership Rules Relaxed on HUBZone Businesses

Leave a Reply

Latest from Blog

Go to Top