98-9809. HUBZone Empowerment Contracting Program; Correction

[Federal Register Volume 63, Number 71 (Tuesday, April 14, 1998)]
[Proposed Rules]
[Pages 18150-18151]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-9809]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

13 CFR Parts 121, 125, and 126


HUBZone Empowerment Contracting Program; Correction

AGENCY: Small Business Administration.

ACTION: Proposed rule; correction.

-----------------------------------------------------------------------

SUMMARY: This document corrects the preamble and the text of a proposed 
rule published in the Federal Register of April 2, 1998, regarding the 
HUBZone Empowerment Contracting Program (hereinafter the HUBZone 
program). This correction amends the preamble and proposed Sec. 126.616 
by including language inadvertently omitted from the proposal.

FOR FURTHER INFORMATION CONTACT: Michael McHale, [phone].

Correction

    In proposed rule, FR Doc. 98-8585, beginning on page 16148 in the 
Federal Register of April 2, 1998, make the following corrections:
    1. In the Supplementary Information section, on page 16152 in the 
third column, replace the first paragraph with the following:
    ``Proposed Sec. 126.616(b) explains the size standards applicable 
to such joint ventures. A joint venture of at least one qualified 
HUBZone SBC and another qualified HUBZone SBC, an 8(a) participant, or 
a woman-owned small business concern may submit an offer for a HUBZone 
procurement so long as each concern is small under the size standard 
corresponding to the SIC code assigned to the contract, provided: (1) 
for a procurement with a revenue-based size standard, the procurement 
exceeds half the size standard corresponding to the SIC code assigned 
to the contract; and (2) for a procurement having an employee-based 
size standard, the procurement exceeds $10 million. On August 14, 1997, 
SBA proposed a similar rule for the 8(a) program. Although the final 
rule for the 8(a) program has yet to be published, SBA anticipates that 
the final rule will be the same on this issue. To achieve consistency 
within its program, SBA modeled this section of the proposed rule after 
Sec. 124.512 of the 8(a) program proposed rule.''
    2. On page 16161 in the third column Sec. 126.616(b) is corrected 
to read as follows:
* * * * *
    (b) Size of concerns. A joint venture of at least one qualified 
HUBzone SBC and an 8(a) participant or a woman-owned small business 
concern may submit an offer for a HUBZone procurement so long as each 
concern is small under the size standard corresponding to the SIC code 
assigned to the contract, provided:
    (1) For a procurement having a revenue-based size standard, the 
procurement exceeds half the size standard corresponding to the SIC 
code assigned to the contract; and
    (2) For a procurement having an employee-based size standard, the 
procurement exceeds $10 million.


[[Page 18151]]


    Dated: April 8, 1998.
David R. Kohler,
Acting General Counsel.
[FR Doc. 98-9809 Filed 4-13-98; 8:45 am]
BILLING CODE 8025-01-P