[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR126.602]

[Page 365]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 126--HUBZONE PROGRAM--Table of Contents
 
                    Subpart F--Contractual Assistance
 
Sec. 126.602  Must a qualified HUBZone SBC maintain the employee residency percentage during contract performance?

    The qualified HUBZone SBC must attempt to maintain the required 
percentage of employees who reside in a HUBZone during the performance 
of any contract awarded to the concern on the basis of HUBZone status. 
``Attempt to maintain'' means making substantive and documented efforts 
to maintain that percentage such as written offers of employment, 
published advertisements seeking employees, and attendance at job fairs. 
HUBZone contracts are described more fully in Sec. 126.600. Enforcement 
of this paragraph will be the responsibility of SBA, which will monitor 
the requirement in accordance with Secs. 126.400 through 126.405.