The Women-Owned Small Business (WOSB) federal contract program is designed to provide greater access to federal contracting opportunities by allowing contracting officers to set aside specific contracts for certified women-owned firms. The goal is to award 5% of federal contracting dollars to women-owned small businesses, including those deemed economically disadvantaged.
The U.S. Small Business Administration defines an Economically Disadvantaged Women-Owned Small Business (EDWOSB) as, “a small business that is at least 51% directly and unconditionally owned and controlled by one or more women who are citizens (born or naturalized) of the U.S. and who are economically disadvantaged.” The EDWOSB automatically qualifies as an eligible small business for the Women-Owned Small Business (WOSB) program.
Despite the increase in women-owned businesses, the 5% goal is not often met. Is your agency meeting your WOSB set-aside goals or are you continually falling short each year?
As a highly experienced government vendor, Contemporaries can help your agency meet your WOSB and EDWOSB goals for 2020. Call us at 301-565-0445 and let us help!
