New Rule on Certification of WOSB Government Contractors to be Out Soon

Government Contracting News for Women Owned Small Businesses

The work of WOSB government contractors and contracting officers is expected to become lighter. According to the director of the SBA Government Contracting Office, Sean Crean, new rules will be released soon.

The rules dwell on two matters: WOSB certification and sole-source contract opportunities.

1.    Certification for women-owned small business

A certification program for a WOSB similar to the HUBzone and 8(a) program will be developed. Once implemented, government contracting officers don’t need to use an electronic filing cabinet. They can now work knowing that some of the government contractors listed in the SBA are already certified. Their decision-making process is now simpler.

At present, the SBA has a women-owned small business repository. Once the requirements for government contracting have already been submitted, the WOSB is put into a repository. Four approved 3rd party certifiers have been enlisted to do the work of assessing whether a small business is eligible for a contract or not.

Unfortunately, the certification is only applicable to some industries like professional services and construction.

2.    Sole-source contract opportunities for WOSB

The federal government has achieved its target for giving out contracts to small businesses. However, it is still behind in terms of government contracting with WOSB.

In 2016, only 4.79% of the budget was spent for women-owned small businesses. There is still a wide margin from the 5% goal that was set in 1996. The planned certification program for women-owned small business will make it more acceptable to allow sole-source contracting authority for WOSB. This move will also make SBA’s statutory authorization more consistent.

Grab Government Contracting Opportunities for WOSB with ARCHER JORDAN

The certification program for women-owned small businesses is a major improvement. This will make the government contracting process more efficient thereby increasing the chances of WOSBs to be awarded with contracts. With this, government contractors can give more focus to compliance once they win a contract.

Our team in ARCHER JORDAN is eager to help you out in this in terms of benefits and compensation given to employees. Contact us and let’s discuss how you can maintain your good status as a government contractor.

5-Easy Steps to Fringe Benefit Compliance

In this FREE guide we’ll show you how to create a fringe benefit plan that secures your business

   
           
   

Categories

ACA
AD & D
Affordable Care Act
AHCA
AK Prevailing Wage
AL Prevailing Wage
AR Prevailing Wage
AZ Prevailing Wage
CA Prevailing Wag
CA Prevailing Wage
CA Prevailing Wage 401k
Call Centers
CO Prevailing Wage
COBRA
Compliance Tips
Critical Illness
CT Prevailing Wage
Davis Bacon Act
DE Prevailing Wage
Department of Labor
Disability Insurance
Education
Employee Benefits
Employee Training
Employer Tips
ERISA
Farm Labor Plan
Fixed Indemnity
FL Prevailing Wage
Fringe Benefits
GA Prevailing Wage
Government Contracting
Government Contractors
Health and Welfare Wrap
Healthcare Benefits
HI Prevailing Wage
Hospitality
Hospitality Benefits
Hourly Seasonal Workers
Hourly Workforce
Human Resources
ID Prevailing Wage
IL Prevailing Wage
IN Prevailing Wage
IO Prevailing Wage
IRS
KS Prevailing Wage
KY Prevailing Wage
LA Prevailing Wage
Limited Medical
MA Prevailing Wage
Major Medical Insurance
McNamara-O’Hara Act
MD Prevailing Wage
ME Prevailing Wage
MEC
MEC and MVP
MEC MVP
MI Prevailing Wage
MN Prevailing Wage
MO Prevailing Wage
MS Prevailing Wage
MT Prevailing Wage
MVP
NC Prevailing Wage
ND Prevailing Wage
NE Prevailing Wage
NH Prevailing Wage
NJ Prevailing Wage
NM Prevailing Wage
NSRMCA Members
NV Prevailing Wage
NY prevailing wage
OH Prevailing Wage
OK Prevailing Wage
OR Prevailing Wage
OSHA
PA Prevailing Wage
Part Time Employees
Podcast Guest Appearances
Prevailing Wage
Prevailing Wage Workers
Restaurant Group Benefits
Retirement Plans
RI Prevailing Wage
SC Prevailing Wage
SCA Audits
SCA Compliance
SD Prevailing Wage
SDVOB
SDVOSB
Seasonal Workers
Service Contract Act
Small Business
Staffing
State Prevailing Wage
SUB Plan
Supplemental Benefits
Supplemental Unemployment
Third Party Administrator
TN Prevailing Wage
Trust Services
TX prevailing wage
Uncategorized
UT Prevailing Wage
VA Prevailing Wage
Violations – SCA
Voluntary Benefits
WA Prevailing Wage
Wellness
WI Prevailing Wage
Workplace Health
Workplace Safety
WV Prevailing Wage
WY Prevailing Wage