› › Small Business Administration Additional Actions Are Needed To Certify And Monitor Hubzone Business And Assess Program Results

Small Business Administration: Additional Actions are Needed to Certify and Monitor HUBZone Business and Assess Program Results

Author : William B. Shear

Publisher : DIANE Publishing

Page : 23 pages

File Size : 16,60 MB

Release : 2009

Category : Business & Economics

ISBN : 143790808X

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Book Description

The Small Business Admin¿s. (SBA) Historically Underutilized Business Zone (HUBZone) program provides fed. contracting assistance to small firms located in economically distressed areas, with the intent of stimulating economic dev¿t. Questions have been raised about whether the program is targeting the locations and businesses that Congress intended to assist. This testimony focuses on: (1) the criteria and process that SBA uses to identify and map HUBZone areas; (2) the mechanisms SBA uses to ensure that only eligible small businesses participate in the program; and (3) the actions SBA has taken to assess the results of the program and the extent to which fed. agencies have met HUBZone contracting goals. Includes recommend. Illus.





Small Business Administration

Author : William B. Shear

Publisher : DIANE Publishing

Page : 73 pages

File Size : 25,62 MB

Release : 2009

Category : Business & Economics

ISBN : 1437908128

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Book Description

The SBA Historically Underutilized Business Zone (HUBZone) program provides fed. contracting assistance to small firms located in economically distressed areas, with the intent of stimulating economic dev¿t. Questions have been raised about whether the program is targeting the locations and bus. that Congress intended to assist. This report examines: (1) the criteria and processes that SBA uses to identify and map HUBZone areas and the economic characteristics of such areas; (2) the mechanisms SBA uses to ensure that only eligible small bus. participate in the program; and (3) the actions SBA has taken to assess the results of the program and the extent to which fed. agencies have met their HUBZone contracting goals. Tables.



HUBZone Program

Author : Gregory Kutz

Publisher : DIANE Publishing

Page : 38 pages

File Size : 24,52 MB

Release : 2010

Category : Business & Economics

ISBN : 1437915035

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Book Description

The Small Bus. Admin.'s (SBA) Historically Underutilized Bus. Zone (HUBZone) program provides fed. contracting assistance to small firms located in economically distressed areas, in order to stimulate economic dev¿t. In July 2008, substantial vulnerabilities were identified in SBA's application and monitoring process that demonstrated the HUBZone program is vulnerable to fraud and abuse. Also, 10 HUBZone firms in the Wash., D.C., area misrepresented their eligibility. This report determines: (1) whether additional cases of fraud and abuse exist outside of the Wash., D.C., area; (2) what actions, if any, SBA has taken to establish an effective fraud prevention program for the HUBZone program; and (3) what actions, if any, SBA took against the 10 firms. Illus.



Small Business Administration (SBA)

Author : Robert Jay Dilger

Publisher : DIANE Publishing

Page : 29 pages

File Size : 38,23 MB

Release : 2011-05

Category : Business & Economics

ISBN : 1437942512

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Book Description

The SBA administers several programs to support small bus. (SB), incl. the Historically Underutilized Bus. Zone Empowerment Contracting (HUBZone) program. The HUBZone program is a SB fed. contracting assist. program ¿whose objective is job creation and increasing capital investment in distressed communities.¿ It provides SB located in areas with low income, high poverty rates, or high unemploy. rates with contracting opportunities in the form of ¿setasides,¿ sole-source awards, and price-eval. preferences. Contents of this report: The HUBZone Program; Targeting Assist. to Geographic Areas; HUBZone Areas Defined; HUBZone Bus. Defined; HUBZone Fed. Contracting Goals: Program Admin.; Performance Measures. Illus. This is a print on demand report.



Small Business Programs

Author : William B. Shear

Publisher : DIANE Publishing

Page : 23 pages

File Size : 37,16 MB

Release : 2011

Category : Business & Economics

ISBN : 1437987699

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Book Description

Economic development programs can contribute to the well-being of the economy at the least cost to taxpayers. Such programs can encompass small business (SB) development and contracting. To encourage such contracting, Congress created programs -- such as the Historically Underutilized Bus. Zone, service-disabled vet.-owned SB, and 8(a) Bus. Development programs -- that give contracting preferences to some SB: in economically distressed communities; to those owned by service-disabled vets; and to those with eligible socially and economically disadvantaged owners. This testimony addresses: (1) potential duplication in economic development programs; and (2) internal controls weaknesses in 3 SB programs. Illus. A print on demand report.







Department of Veterans Affairs: Preliminary Observations on Issues Related to Contracting Opportunities for Veteran-Owned Small Businesses

Author : William B. Shear

Publisher : DIANE Publishing

Page : 20 pages

File Size : 49,23 MB

Release : 2010-11

Category : Business & Economics

ISBN : 1437933599

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Book Description

The Veterans Benefits, Health Care, and Information Technology Act of 2006 (the 2006 Act) requires the Dept. of Veterans Affairs (VA) to give priority to veteran-owned and service-disabled veteran-owned small businesses (VOSB and SDVOSB) when awarding contracts to small businesses. This testimony discusses preliminary views on: (1) the extent to which VA met its prime contracting goals for SDVOSBs and VOSBs in FY 2007-2009; and (2) VA¿s progress in implementing procedures to verify the ownership, control, and veteran status of firms in its mandated database. The auditor obtained and analyzed data on VA¿s contracting activities, and reviewed a sample of verified businesses to assess VA¿s verification program. Illustrations.