The U.S. Small Business Administration today published Women-Owned Small Business Federal Contracting program regulations that will provide a free, online certification and eligibility application process for women-owned small businesses and economically-disadvantaged women-owned small businesses. The timeline for implementation of changes to SBA's WOSB program has been delayed to accommodate those affected by the current pandemic.
Starting July 15, 2020, SBA will begin to implement changes consistent with the Small Business Act as amended in the National Defense Authorization Act for Fiscal Year 2015. In addition to the certification requirement for firms seeking WOSB and EDWOSB set-aside contracts, the regulations detail certification options for applicants and require authorized third-party certifiers to notify applicants of their fees and the option to use SBA's free online certification process.
Below are some important timelines for firms to keep in mind:
The regulations detail important changes to the certification process, including the following:
The new WOSB Program regulations will make it easier and more efficient for contracting officers to set aside and make awards to firms certified as WOSBs and EDWOSBs and will better empower agencies to meet the 5% federal contracting goal for women-owned small businesses.
About the SBA's Women-Owned Small Business Program
To learn more about how the SBA supports women entrepreneurs, visit www.sba.gov/wosb.
About the U.S. Small Business Administration
Company Name | Contact Person | Contact Number | Email Id | Website | Address |
---|---|---|---|---|---|
SBA Issues New Regulations | 8006592955 | disastercustomerservice@sba.gov | https://www.sba.gov |
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