Disaster zones to be HUBZones

HUBZone eligibility is to be expanded for areas hit by disaster or military base closures, according to language included in Section 866 of the national defense authorization law for fiscal 2016.

“Areas impacted by a base closure or qualified disaster will have expanded HUBZone eligibility for a minimum of 8 years. In addition, Native Hawaiian Organizations (NHOs) would qualify as HUBZone companies,” according to a statement distributed by the HUBZone Contractors National Council.

Closed military bases are to be considered HUBZones for eight years, up from five years, and areas that intersect or are contiguous to the base closure area also have expanded HUBZone eligibility for at least eight years, wrote Ryan Bradel and Jozel Przygrodzki, attorneys with Greenberg Traurig LLP, in a recent brief.

More information: HUBZone Council statement https://goo.gl/Tk9BMD
Greenberg Traurig LLP brief: http://goo.gl/OSkoNl

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Disaster zones to be HUBZones

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