The Small Business Act authorizes contracting officers to specifically limit, or set aside, certain requirements for competition solely among women-owned small businesses (WOSBs)(8m) or economically disadvantaged women owned small businesses (EDWOSBs). This is referred to as the WOSB(8m) Program.
WOSB Self Certify Support: $650
WOSB Expedited Service : $1500
EDWOSB Expedited service : $2250
These procurement mechanisms are meant to increase federal contracting opportunities for WOSBs and to assist agencies in achieving their women?owned small business goals. These procedures are implemented in the SBA's regulations, which can be found at 13 C.F.R. part 127. Although the SBA has issued a final rule on the WOSB program, the rule will not be effective for several months. In the interim, the SBA can work with the Federal Acquisition Regulatory Council and others in implementing the rule in the Federal Acquisition Regulations (FAR) and contracting systems.
Economically Disadvantaged Women-Owned Small Business
An Economically Disadvantaged Women-Owned Small Business (EDWOSB) is a small business concern that is at least 51 percent directly and unconditionally owned and controlled by one or more women who are citizens (born or naturalized) of the United States and who are economically disadvantaged. The EDWOSB automatically qualifies as a women-owned small business eligible for the WOSB Program.
A woman is presumed economically disadvantaged if she has a personal net worth of less than $750,000, her adjusted gross yearly income averaged over the three years preceding the certification does not exceed $350,000, and the fair market value of all her assets (including her primary residence and the value of the business concern) does not exceed $6 million.
A Women-Owned Small Business (WOSB) is a small business concern that is at least 51 percent directly and unconditionally owned and controlled by one or more women who are citizens (born or naturalized) of the United States.
CALL S.B.G.A. (202) 417-7142 FOR FREE CONSULTATION AND PREQUALIFICATION