According to American Express OPEN, “For the first time in history, the U.S. government has awarded 5 percent of federal government contracting dollars to women-owned small businesses—a big achievement for both the government and the approximately 9.4 million women-owned small businesses across the country.” On Thursday, March 17, I have the honor of presenting “The
The Small Business Administration (SBA) issued a final rule on September 14, 2015, expanding contracting officers’ authority to issue sole source awards to Women-Owned Small Businesses (WOSBs) and Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs). This rule takes effect on October 14, 2015 (the “New Rule”).
Prior to the issuance of the New Rule, the WOSB program was the only SBA small business contracting program without a sole source option. The New Rule will put WOSBs on equal footing with SBA’s other socioeconomic small business programs with respect to a sole source award option.Continue Reading New Rule Possible Boon to WOSB/EDWOSB Contracting Opportunities