Candidate Notes on 02-S1994

02-S1994 on Mar 6, 2002

Amends the Small Business Act to require a Federal procurement contract awarded as a best value contract by competition to an eligible small business owned and controlled by socially and economically disadvantaged individuals to include an evaluation factor for a bidding participant that is also a qualified HUBZone (historically underutilized business zone) small business. Prohibits such factor from exceeding ten percent of the best value factor assigned to price as an evaluation factor.

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