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Programs for Women Entrepreneurs

Programs for Women Entrepreneurs

Why should your Small Business concern pursue a federal government Economically Disadvantaged Woman Owned Small Business (EDWOSB) program certification?

This federal program makes it easier for women-owned firms to compete for, win federal contracts, and ultimately grow. Under Federal Law (Public Law 106-554), this program provides federal agencies a tool to achieve WOSB contracting goals (5% of its prime contracting dollars must be awarded to WOSBs).

Programs for Women Entrepreneurs

Programs for Women Entrepreneurs

Why should your Small Business concern pursue a federal government Economically Disadvantaged Woman Owned Small Business (EDWOSB) program certification?

This federal program makes it easier for women-owned firms to compete for, win federal contracts, and ultimately grow. Under Federal Law (Public Law 106-554), this program provides federal agencies a tool to achieve WOSB contracting goals (5% of its prime contracting dollars must be awarded to WOSBs).

Set Aside Contracts for Women

The WOSB Federal Contract Program allows Contracting Officers (COs) to set aside contracts for WOSBs or EDWOSBs under certain conditions.

  1. Industries:
    1. WOSB: NAICS code assigned to contract solicitation is in an industry in which WOSBs are substantially underrepresented (92 Industry Groups – 365 NAICS Codes).
    2. EDWOSB: NAICS code assigned to contract solicitation is in an industry in which WOSBs are underrepresented (21 Industry Groups – 80 NAICS Codes).
  2. “Rule of Two”: Contracting officer has reasonable expectation that 2 or more WOSBs will submit an offer.
  3. Award Price: Contract must be awarded at fair market price.

Sole Source Contracts for Women

Per the SBA, as of December 2015, the program also allows Contracting Officers (COs) to grant contracts to WOSBs and EDWOSBs under Sole-Source Authority:

  1. Is the contract in a WOSB/EDWOSB eligible NAICS code?
  2. Is the contract (including options) valued at $6.5 million or less for manufacturing contracts or $4 million or less for all other contracts?
  3. Can the contract be awarded to the WOSB/EDWOSB at a fair and reasonable price?
  4. In the determination of the contracting officer, is there a reasonable expectation that there is only one WOSB/EDWOSB that can perform?

In March 2016, the eligible Industries were revised and expanded to 113 based on the new Department of Commerce Study. A total of 36 new industries added to Program, 6 industries removed from Program, and 27 industries had designation changed (between WOSB and EDWOSB).

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iStock_000058796998_Medium-1024x682

Sole Source Contracts for Women

Per the SBA, as of December 2015, the program also allows Contracting Officers (COs) to grant contracts to WOSBs and EDWOSBs under Sole-Source Authority:

  1. Is the contract in a WOSB/EDWOSB eligible NAICS code?
  2. Is the contract (including options) valued at $6.5 million or less for manufacturing contracts or $4 million or less for all other contracts?
  3. Can the contract be awarded to the WOSB/EDWOSB at a fair and reasonable price?
  4. In the determination of the contracting officer, is there a reasonable expectation that there is only one WOSB/EDWOSB that can perform?

In March 2016, the eligible Industries were revised and expanded to 113 based on the new Department of Commerce Study. A total of 36 new industries added to Program, 6 industries removed from Program, and 27 industries had designation changed (between WOSB and EDWOSB).

Initial Consultation - Free of Charge

The certification process for women-owned businesses is laborious. Fortunately, Rafael Marrero & Company saves you the headaches of applying.

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