The U.S. Small Business Administration (SBA) has advised GET, LLC that it is now Certified in the Historically Underutilized Business Zone (HUBZone) Program. The news comes after GET, LLC completed the extensive certification process that began back in August of 2013.
"GET, LLC is excited to be a part of the HUBZone Program," said GET, LLC Managing Partner Tricia J.S. Gumataotao. "We join 181 companies in Guam who are participating in this program and proud of the fact that we are the 75th Women Owned Business in Guam to take this important step in growing our business."
The Historically Underutilized Business Zones (HUBZone) program was enacted into law as part of the Small Business Reauthorization Act of 1997. The program falls under the auspices of the U.S. Small Business Administration. The program encourages economic development in historically underutilized business zones - "HUBZones" - through the establishment of preferences. SBA's HUBZone program is in line with the efforts of both the Administration and Congress to promote economic development and employment growth in distressed areas by providing access to more federal contracting opportunities.
"The program’s benefits for HUBZone-certified companies like GET, LLC include competitive and sole source contracting, a 10% price evaluation preference in full and open contract competitions, and subcontracting opportunities," said Gumataotao.
GET, LLC serves both federal and local government agencies and commercial businesses of Guam and the Western Pacific in business-to-business consulting services and construction materials and equipment sales.