A company learned the hard way that just because their business is majority owned by a woman, it doesn’t mean they are a Women-Owned Small Business (WOSB) in the eyes of the SBA. The question is one of both ownership and control.
Let’s face it: most people won’t look back on 2020 with anything remotely approaching nostalgia. Here at Koprince Law LLC, we are eager to turn the page and move on with 2021, too.
But small businesses shouldn’t forget 2020 completely. The year brought many important developments, including major changes to some key government contracting rules that our readers should remember. So here, in a nutshell, are the most important 2020 government contracting changes and legal developments for small businesses.
The DoD has issued a new class deviation, effective immediately, which implements the SBA’s requirement that women-owned small businesses be formally certified to receive WOSB set-aside contracts. The class deviation contains a “priority review” procedure to allow companies with pending WOSB or EDWOSB certification applications to be considered for award.
There have been a few changes recently to the WOSB and EDWOSB certification process–so now is as good a time as any to walk through the requirements for EDWOSB (or Economically-Disadvantaged Woman-Owned Small Business) status. In this video, I provide an overview of the benefits of and requirements for EDWOSB status:
If you have questions, we are happy to help! You can reach us here.
With changes coming next week to the WOSB program certification process for women-owned small businesses (which we have discussed recently here and here), we thought we’d take a step back to look at the basics of program benefits and eligibility requirements. In this video, I lay out the reasons why women-owned businesses should consider participating in the program and discuss the three primary eligibility requirements:
Need assistance determining whether you’re eligible? Call us!
Joint ventures and small business subcontracting are two issues near and dear to the hearts of many small business federal contractors. Well, the Federal Acquisition Regulation will soon be updated with respect to both of these topics. The new rules will align with SBA’s rules and remove any inconsistencies. Let’s dive in!
On July 15th, big changes are coming to the SBA’s Women-Owned Small Business program certification process! We’ve discussed the changes in depth here, here, and here, but if you’re looking for the highlight reel, this video is for you:
If you have questions about WOSB certification, please give us a call at 785-200-8919.