Illinois Compiled Statutes 30 ILCS 500/45-95 – HUBZone business contracts
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(a) For the purposes of this Section:
“HUBZone business” means a business that operates and employs people in Historically Underutilized Business Zones (HUBZone) as designated by the federal HUBZone Empowerment Act.
“Qualified HUBZone small business concern” means a business that qualifies under the HUBZone program administered by the United States Small Business Administration.
(b) Each chief procurement officer shall establish rules, in consultation with the procuring agency, related to the eligibility of qualified HUBZone small business concerns to receive preference under this Section, and shall verify the accuracy of any information submitted by a qualified HUBZone small business concern with respect to a contract awarded under this Section.
(c) The provisions of this Section shall not apply to: (1) construction procurements; (2) construction-related services procurements; or (3) the selection of construction-related professional services.
“HUBZone business” means a business that operates and employs people in Historically Underutilized Business Zones (HUBZone) as designated by the federal HUBZone Empowerment Act.
Terms Used In Illinois Compiled Statutes 30 ILCS 500/45-95
- Contract: A legal written agreement that becomes binding when signed.
- United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
“Qualified HUBZone small business concern” means a business that qualifies under the HUBZone program administered by the United States Small Business Administration.
(b) Each chief procurement officer shall establish rules, in consultation with the procuring agency, related to the eligibility of qualified HUBZone small business concerns to receive preference under this Section, and shall verify the accuracy of any information submitted by a qualified HUBZone small business concern with respect to a contract awarded under this Section.
(c) The provisions of this Section shall not apply to: (1) construction procurements; (2) construction-related services procurements; or (3) the selection of construction-related professional services.