13 CFR 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:
Terms Used In 13 CFR 126.612
- Contract: A legal written agreement that becomes binding when signed.
(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.