My Profile   |   Contact Us   |   Sign In   |   Register
News & Press: WIPP in the News

WIPP Executive Director Quoted on The Business Journal

Friday, September 18, 2015  
Share |

 

Click here to view the article online. 

 

New rule will help women-owned businesses get more federal contracts

Sep 14, 2015, 12:48pm EDT
INDUSTRIES & TAGS
 
Politics, 
 
Small Business, 
 
Demographics, 
 
Bizwomen

Federal contracting officials now have the power to award sole-source contracts to women-owned businesses, a tool that should help the government finally achieve its goal of awarding 5 percent of its procurement dollars to women.  

Under a rule published Monday by the Small Business Administration, agencies can negotiate a contract with a single women-owned small business without putting the work out for bid, provided there is only one woman-owned business that can perform the work. Plus, the contract must be below $4 million (or $6.5 million for manufacturers.) The rule implements a law passed by Congress in December. It becomes effective Oct. 14. 

Contracting officials previously have been able to award sole-source contracts to small businesses owned by minorities or service-disabled veterans, or small companies located in low-income areas known as Hubzones. The new rule puts the government’s contracting set-aside program for women, which was passed by Congress in 2000 but not implemented until 2011, on par with these other procurement programs. 

“This parity means women entrepreneurs face fewer barriers when entering the federal market,” said Kristie Arslan, executive director of Women Impacting Public Policy. 

SBA Administrator Maria Contreras-Sweet called the new rule “a major step forward in leveling the playing field.”

“Women-owned businesses are growing three times faster than their counterparts, yet the federal government has not achieved its goal of awarding 5 percent of federal contracts to women,” she said.

“If we want a more diverse supply chain, Uncle Sam needs to lead by example.”

Last year, the federal government awarded 4.7 percent of its contracting dollars to women-owned businesses, up from 4.3 percent in 2013.

 

 

 


more Calendar

12/6/2016
WIPP Procurement Committee Meeting

12/6/2016
2016 PG&E Boots to Business Workshop

12/8/2016
ChallengeHER Dallas/Ft.Worth Metro

12/14/2016
ChallengeHER Washington D.C.

12/14/2016
Give Me 5: GSA Special Unit - Demystifying the Price Reduction Clause

Featured Members
Janice HamiltonNational Partner of the Month: December 2016. Read about Janice's business bit.ly/2fTPwBF

Privacy Policy / Disclaimer    |    © WIPP  |    888-488-WIPP

Association Management Software Powered by YourMembership  ::  Legal