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The WOSB federal contracting program has become susceptible to abuse and fraud due to a self-certification loophole. Since women- owned small businesses do not have to verify that they are both women-owned and small, large companies are able to self-certify as small businesses to take advantage of the program. Additionally, the federal government has a goal of awarding 5% of federal contracting dollars to women-owned small businesses each year. With the increased transparency of the WOSB contracting program, more women-owned small businesses can benefit from federal contracts and without any extra burden placed upon them,” said Ann Marie Wallace, state director for the Women’s Business Center of Utah. This bipartisan bill is designed to ensure federal contracting dollars intended for women-owned small businesses (WOSBs) are awarded to those firms that meet the U.S.
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Whatever you choose, you’ll find nothing but the best from top-quality brands like Alfred Dunner, Arizona, Berne, and many more. “This piece of legislation is not about adding red tape or about the government picking winners and losers. The WOSB Integrity Act will simply ensure that competition for government contracting opportunities includes women small business owners and is fair.
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These entrepreneurs drive our economy forward, and when we support them, innovation thrives and the country prospers,” said Rep. Maloy.
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House Passes WOSB Integrity Act to Ensure Women Small Business Owners Have Fair Access to Federal Contracts
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