We need your support for legislation that enables women business owners to achieve greater opportunities for their businesses. Bipartisan legislation has been introduced in the Senate aimed at dramatically improving the federal procurement process for women-owned small businesses. Passage of this bill will reduce two of the major obstacles facing women-owned small business contractors, allowing them to grow their companies and drive economic recovery. More importantly, this bipartisan bill will dramatically increase the number and size of contracts going to women business owners.
BACKGROUND:
Two major obstacles are currently hindering the success of the Women Owned Small Business (WOSB) Federal Procurement Program:
- One, the dollar limit on contract awards of $4 and 6.5 million results in a number of opportunities being pulled back because they exceed the dollar limit, and
- Two, the requirement to find two women owned businesses who can qualify for the work is cumbersome and puts the WOSB program unequal footing with other small business procurement programs.
This bill will not only assist the federal government to meet its 5% goal for contracting with women-owned businesses but also allow successful women owned companies to continue to grow their business and compete for larger contracts.
Let’s move the Senate to sign-on and co-sponsor this bill!
Print Page