SBA Authorizes WOSB Sole-Source Awards

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The Small Business Administration (SBA) has issued its eagerly-awaited Final Rule implementing the new sole source award authority for Women-Owned Small Businesses (WOSBs). The Final Rule essentially adopts and follows the Proposed Rule, previously discussed here. Most importantly, the Final Rule authorizes sole source awards in industries identified by SBA in which WOSBs are underrepresented or substantially underrepresented where, based on market research, the contracting officer determines that (1) there is one responsible WOSB, but does not have a reasonable expectation that two or more qualifying WOSBs will submit offers in the case of an industry …read more

Read more here:: Government Contracting

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