[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR126.503]

[Page 458]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
                CHAPTER I--SMALL BUSINESS ADMINISTRATION
 
PART 126_HUBZONE PROGRAM--Table of Contents
 
                  Subpart E_Maintaining HUBZone Status
 
Sec.  126.503  What happens if SBA is unable to verify a qualified HUBZone 

SBC's eligibility or determines that the concern is no longer eligible for the 

program?

    If SBA is unable to verify a qualified HUBZone SBC's eligibility or 
determines it is not eligible for the program, SBA may propose 
decertification of the concern.
    (a) Proposing Decertification. Except as set forth in paragraph (c) 
of this section, the Deputy AA/HUB or designee will first notify the 
qualified HUBZone SBC in writing that SBA is proposing to decertify it, 
the reasons for the proposed de-certification, and that the SBC must 
rebut each of the reasons SBA sets forth. The qualified HUBZone SBC will 
have 30 calendar days from the date that it receives SBA's notification 
to respond, in writing, to the AA/HUB or designee.
    (b) SBA's Decision. The AA/HUB or designee will consider the reasons 
for proposed decertification and the qualified HUBZone SBC's response 
before making a written decision whether to decertify. The AA/HUB may 
draw an adverse inference where a qualified HUBZone SBC fails to 
cooperate with SBA or provide the information requested. The AA/HUB's 
decision is the final agency decision.
    (c) Decertifying Pursuant to a Protest. SBA will decertify a 
qualified HUBZone SBC and remove its name from the List without first 
proposing it for decertification if the AA/HUB upholds a protest 
pursuant to Sec.  126.803 and the AA/HUB's decision is not overturned 
pursuant to Sec.  126.805.

[69 FR 29424, May 24, 2004, as amended at 70 FR 51250, Aug. 30, 2005]