The Small Business Administration is turning up the heat on fraudsters in the HUBZone small business program. SBA said it will take five steps as part of a renewed effort to root out fraud and reinforce the integrity of the contracting program. Among the new initiatives are soon-to-be-proposed revisions to the HUBZone regulations to further clarify and strengthen requirements for businesses which hire people who live in a HUBZone. SBA is also removing companies which claim to hire workers who live in a HUBZone, but do not, and will increase audits of companies in the program to make sure they are following the rules.
(SBA adds new safeguards to HUBZone program – SBA.gov)
Source: New Army chief of staff targets ‘the network’ as top modernization priority. BY Peter Musurlian, October 11, 2023. Federal News Network.
Not Yet a Premium Partner/Sponsor? Learn more about the OS AI Premium Corporate and Individual Plans here. Plans start at $295 annually.