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 January 17, 2013 12:00:00 am


POLICY CHANGE TO AID WOMEN-OWNED FIRMS

By Ken Amundson

WASHINGTON — Women-owned small businesses will have greater access to federal
contracting opportunities as a result of changes to a federal law.

The new law, included in the National Defense Authorization Act of 2013, affects
the Small Business Administration’s Women-Owned Small Business Federal Contract
Program.

The act removes the limit on the monetary amount of a federal contract that
women-owned and economically disadvantaged women-owned small businesses can bid
on.

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Regional Summit for Child Care – Be Part of the Solution
Unless you have truly been able to unplug the last few years (and good for you
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and neighbors are struggling more than ever to cover child care costs.

Prior to the new law, the anticipated award price of a contract for women-owned
and economically disadvantaged women-owned small businesses could not exceed
$6.5 million for manufacturing contracts and $4 million for all other contracts.

The Women’s Federal Contract Program allows contracting officers to set aside
specific contracts for certified women-owned small businesses and will help
federal agencies achieve the existing statutory goal of 5 percent of federal
contracting dollars being awarded.



The law also requires the SBA to conduct another study to identify and report
industries underrepresented by women-owned small businesses. As a result, more
eligible women-owned businesses may be able to participate in SBA’s Women’s
Federal Contract Program and compete for federal contracts.

To qualify as a women-owned small business, a 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 and the firm must be considered small
according to SBA-size standards. To be deemed “economically disadvantaged,” a
firm’s owners must meet specific financial requirements set forth in the program
regulations.

For more information on the Women-Owned Small Business Program or to access the
instructions, applications or database, please visit www.sba.gov/wosb.




WASHINGTON — Women-owned small businesses will have greater access to federal
contracting opportunities as a result of changes to a federal law.

The new law, included in the National Defense Authorization Act of 2013, affects
the Small Business Administration’s Women-Owned Small Business Federal Contract
Program.

The act removes the limit on the monetary amount of a federal contract that
women-owned and economically disadvantaged women-owned small businesses can bid
on.

Prior to the new law, the anticipated award price of a contract for women-owned
and economically disadvantaged women-owned small businesses could not exceed
$6.5 million for manufacturing contracts and $4 million for all other…

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KEN AMUNDSON

Ken Amundson is managing editor of BizWest. He has lived in Loveland and
reported on issues in the region since 1987. Prior to Colorado, he reported and
edited for news organizations in Minnesota and Iowa. He's a parent of two and
grandparent of four, all of whom make their homes on the Front Range. A news
junkie at heart, he also enjoys competitive sports, especially the Rapids.
Categories: Today's News


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