The Wait Is Over for Women-Owned Small Businesses
Apr.11.2011
Women-owned small businesses (WOSBs) should now have greater access to federal contracts as a result of a long-awaited
interim rule, published April 1, 2011, which provides guidelines for the WOSB program and allows COs to set aside contracts for certified WOSBs and economically-disadvantaged WOSBs. However, despite the momentum from these new regulations and the SBA's intent to provide WOSBs "with the oxygen they need to take their business to the next level," until the SBA approves third-party certifiers, access to government contracts for non-8(a) WOSBs will be limited to a self-certifying entities and contingent upon the submission of a laundry list of corporate and other documentation for each procurement, thus imposing burdens on WOSBs and COs.
For more information, please contact the professional(s) listed below, or your regular Crowell & Moring contact.