“The RISE Act allows SBA to give agencies double credit for contracting goaling purposes!”
In an October 13, 2017 bulletin, the Small Business Administration reminded the HUBZone community that, during the period of a presidentially declared major disaster, procuring agencies can provide contracting preferences for the small businesses located in the affected areas.
The Recovery Improvements for Small Entities After Disaster Act of 2015 (“RISE Act”) authorizes SBA to:
- establish contracting preferences for small businesses located in disaster areas, including HUBZone firms, and
- give agencies double credit for awards to these small businesses that are located in the presidentially declared major disaster areas.