Tuesday, July 7, 2015

What’s changing for WOSBs

Woman Owned Small Business are going to be granted the same privileges as 8(a) businesses when it comes to set aside a rules. The SBA is planning on amending the WOSB and EDWOSB set aside, allowing contracting officers award sole source contracts and setting the procurement goal at 5% of all small business.
The SBA was looking for input on the proposed program changes are the responses have been positive. Here’s some great highlights.
·         “Fast tracking” the Sole Source Authority for WOSBs will promote Women Owned Small Businesses to contracting officers who have found the business they want to work with. There won’t be a need for the long and drawn out RFQ/RFP process under the value thresholds of $6.5 million for manufacturing contracts and $4 million for all others.
·         Setting the procurement goal at 5% on par with 8(a) programs will create the “level playing field” that WOSB have long desired. This will have the great effect of promoting WOSB to the government in not only “underrepresented” industries but across the board.
·         Efforts to meet the new deadline for January 2, 2016 to determine “underrepresented” industries within the WOSB is a great approach to determining where WOSBs are needed
But what will change for Women Owned Small Business? Most importantly, self-certification will be a thing of the past.
If you’re interested in taking a look at the proposed rules, check out the Federal Register document here: http://www.gpo.gov/fdsys/pkg/FR-2015-05-01/pdf/2015-10331.pdf. The document also give you the chance to cross reference some FAR and CFR regulation on Women Owned Small Business programs that will be changes once this proposed rule goes into effect.


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