WOSB Sole Source Contracts: One Step Closer
Women-Owned Small Business sole source contracts have moved one step closer to becoming a reality.
Today, the SBA issued a proposed rule implementing the WOSB sole source authority contained in the 2015 National Defense Authorization Act. The relative speed with which the proposed rule was issued suggests that WOSBs could begin receiving sole source awards later this year.
The proposed rule provides that EDWOSBs may receive sole source awards in industries designated by the SBA as “underrepresented” by women. WOSBs may receive sole source awards in industries designated as “substantially underrepresented.” The industry-by-industry limitations are the same as those applicable to competitive EDWOSB and WOSB set-asides.
Under the proposed rule, an agency may make a sole source award in an appropriate industry where: (1) the contracting officer does not have a reasonable expectation that two or more EDWOSBs/WOSBs will submit offers; (2) The anticipated award price (including options) will not exceed $6.5 million for manufacturing contracts and $4 million for other contracts; (3) the EDWOSB/WOSB is responsible; and (4) in the estimation of the contracting officer, the award can be made at a fair and reasonable price.
Read the full article at: http://smallgovcon.com/women-owned-small-business-program/wosb-sole-source-contracts-one-step-closer/
Source: SmallGovCon.com, Article written by Steven Koprince, May 1, 2015
For help with government contracting in Alabama, contact your local procurement counselor today!