Maui County is a step closer to seeing an extension to its
designation as an underutilized business zone, after a measure to extend the
federal program was passed in the Senate on Thursday.
The Historically Underutilized Business Zone Empowerment
Contracting program, known as the HUBZone program, aims to provide small
businesses with federal contracting opportunities, such as set-asides,
sole-source awards and price-evaluation preferences.
Maui County is set to lose its HUBZone status at the
beginning of next year.
“Maui County businesses who have benefitted from the HUBZone
program are facing uncertainty and currently must make the difficult decision
between moving to a HUBZone county or leave the program,” U.S. Sen. Mazie
Hirono, D-Hawaii, said in a statement.
Hirono and U.S. Sen. Ben Cardin’s HUBZone Investment
Protection Act would extend the HUBZone status for Maui County, as well as
other designated areas around the country, for four years.
“The looming January 31, 2018 deadline for Maui County
losing HUBZone status translated into lost jobs and opportunities,” Leslie
Wilkins, president and CEO of the Maui Economic Development Board, said in a
statement. “Thank you to Senator Hirono for her bipartisan leadership to get an
extension through the U.S. Senate. This gives Maui County small businesses
continued use of a key tool in competing for federal contracts.”