Contracting opportunities offered to women-owned businesses - LimaOhio.com: Business

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Contracting opportunities offered to women-owned businesses

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Posted: Tuesday, January 22, 2013 12:01 pm

WASHINGTON, D.C. - Women-owned small businesses will have greater access to federal contracting opportunities as a result of changes included in the National Defense Authorization Act of 2013 to the U.S. Small Business Administration’s Women-Owned Small Business Federal Contract Program.

The NDAA removes the anticipated award price of the contract thresholds for women-owned small businesses (WOSB) and economically disadvantaged women-owned small businesses (EDWOSB) to allow them greater access to federal contracting opportunities without limitations to the size of the contract. Prior to the new law, the anticipated award price of the contract for women-owned and economically disadvantaged women-owned small businesses could not exceed $6.5 million for manufacturing contracts and $4 million for all other contracts.

The Women’s Federal Contract Program allows contracting officers to set aside specific contracts for certified WOSBs and EDWOSBs and will help federal agencies achieve the existing statutory goal of five percent of federal contracting dollars being awarded to WOSBs.

For information on the program or to access the instructions, applications or database,please visit www.sba.gov/wosb.

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