SBA: WOSBs and EDWOSBs Can Receive Sole Source Contracts

Federal agencies may award sole source contracts to Women-Owned Small Businesses (WOSBs) and to Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs), according to a final rule published by the U.S. Small Business Administration last week.

Under the rule, a contracting officer may award a sole source contract to a WOSB or EDWOSB when:

  • The firm is a responsible contractor.
  • The contracting officer does not expect that two or more WOSBs and/or EDWOSBs will submit offers.
  • The award price will not exceed $6.5 million (manufacturing) or $4 million for all other contracts.
  • The award can be made at a fair and reasonable price.

This rule goes into effect on October 14, 2015.

Eligibility requirements to be certified as a Women-Owned Small Business (WOSB) include:

  • The firm must be at least 51 percent owned and controlled by one or more women, and primarily managed by one or more women.
  • The women must be U.S. citizens.
  • The firm must be “small” in its primary industry in accordance with SBA’s size standards for that industry.
  • In order for a WOSB to be deemed “economically disadvantaged,” its owners must demonstrate economic disadvantage in accordance with the SBA eligibility requirements.

US Federal Contractor Registration help register companies and businesses as a WOSB.

We will:

  • Submit paperwork that verifies your identity’
  • Complete joint venture applicable paperwork (if applicable)
  • Complete organization, corporation, or partnership agreements (if applicable)
  • File applicable license applications
  • Submit verification tax paperwork
  • Submit and keep on file copies of past contracts and proposals
  • Help you maintain a payroll distribution ledger summary
  • File and document any services and operating agreements
  • Help you complete applicable legal structure agreements

For more information, call us at 877-252-2700 ext. 1.

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