What is a WOSB?
We have heard a lot of buzz about WOSB and the new regulations just passed. So what is a WOSB exactly? It’s the Woman-Owned Small Business (WOSB) Federal Contract Program, helping women entrepreneurs access the federal market. The program, officially launched in 2011 and recently in 2014, now has a provision authorizing sole-source contracts within the program. That’s great news!
Over the past years, only 1% of women-owned-small-businesses contracts came from WOSB set-asides. This was the main reason why small companies owned by women found the government contracting industry disheartening despite the fact the newly reformed WOSB set-aside program.
Well in 2015, the government has extremely high hopes of reaching the 5% goal of awarded contracts to women-owned-small-businesses (WOSBs), in which had undoubtedly failed since the authorization of WOSB set-asides in 2000.
To meet and exceed its expectations the government points to the 2015 National Defense Authorization Act (NDAA) which included a provision that authorizes the sole-source contracts of up to $4 million for other industries and up to $6.5 million for manufacturing for both women-owned-small-businesses (WOSBs) and economically-disadvantaged-women-owned-small-businesses (EDWOSBs). Out of $52.6 billion government contracting dollar, imagine the opportunities within the scope of the 5% contracts for WOSBs. That’s roughly $2.6 billion. Now, how can you be part of it?
As a company under the women-owned-small-businesses (WOSBs) umbrella, you can successfully be awarded the elusive government contract/s by either becoming a prime contractor or a subcontractor of larger companies. Either way, you must be familiar with these steps required to participate in the WOSB program.
Additionally, knowing the government agencies that are friendly to women-owned-small-businesses is a great way to understand the competition and get in the game.
Here are the industries eligible for WOSB set-aside government contracts listed by the first 4 digits of their respective NAICS code:
|2213||Water, Sewage and Other systems||5417||Scientific Research and Development Services|
|2372||Land Subdivision||4885||Freight Transportation Arrangement|
|2361||Residential Building Construction||5418||Advertising, Public Relations, and Related Services|
|3152||Cut and Sew Apparel Manufacturing||5121||Motion Picture and Video Industries|
|2371||Utility System Construction||5615||Travel Arrangement and Reservation Services|
|3231||Printing and Related Support Activities||5311||Lessors of Real Estate|
|2381||Foundation, Structure, and Building Exterior Contractors||5619||Other Support Services|
|3259||Other Chemical Product and Preparation Manufacturing||5413||Architectural, Engineering, and Related Services|
|2382||Building Equipment Contractors||5621||Waste Collection|
|3328||Coating, Engraving, Heat Treating, and Allied Activities||5414||Specialized Design Services|
|2383||Building Finishing Contractors||5622||Waste Treatment and Disposal|
|3329||Other Fabricated Metal Product Manufacturing||5415||Computer Systems Design and Related Services|
|2389||Other Specialty Trade Contractors||6114||Business Schools and Computer and Management Training|
|3371||Household & Institutional Furniture & Kitchen Cabinet Manufacturing||5416||Management, Scientific, and Technical Consulting Services|
|3149||Other Textile Product Mills||6115||Technical and Trade Schools|
|3372||Office Furniture (including Fixtures) Manufacturing||5419||Other Professional, Scientific, and Technical Services|
|3159||Apparel Accessories and Other Apparel Manufacturing||6117||Educational Support Services|
|3391||Medical Equipment and Supplies Manufacturing||5611||Office Administrative Services|
|3219||Other Wood Product Manufacturing||6242||Community Food and Housing, and Emergency & Other Relief Services|
|4841||General Freight Trucking||5612||Facilities Support Services|
|3222||Converted Paper Product Manufacturing||6243||Vocational Rehabilitation Services|
|4889||Other Support Activities for Transportation||5614||Business Support Services|
|3321||Forging and Stamping||7211||Traveler Accommodation|
|4931||Warehousing and Storage||5616||Investigation and Security Services|
|3323||Architectural and Structural Metals Manufacturing||8112||Electronic and Precision Equipment Repair and Maintenance|
|5111||Newspaper, Periodical, Book, and Directory Publishers||5617||Services to Buildings and Dwellings|
|3324||Boiler, Tank, and Shipping Container Manufacturing||8129||Other Personal Services|
|5112||Software Publishers||6116||Other Schools and Instruction|
|3333||Commercial and Service Industry Machinery Manufacturing||8139||Business, Professional, Labor, Political, and Similar Organizations|
|5171||Wired Telecommunications Carriers||6214||Outpatient Care Centers|
|3342||Communications Equipment Manufacturing||6219||Other Ambulatory Health Care Services|
|5172||Wireless Telecommunications Carriers (except Satellite)||7115||Independent Artists, Writers, and Performers|
|3345||Navigational, Measuring, Electromedical, & Control Instruments Manufacturing||7223||Special Food Services|
|5179||Other Telecommunications||8111||Automotive Repair and Maintenance|
|3346||Manufacturing and Reproducing Magnetic and Optical Media||8113||Commercial & Industrial Machinery & Equipment (except Automotive and Electronic) Repair & Maintenance|
|5182||Data Processing, Hosting, and Related Services||8114||Personal and Household Goods Repair and Maintenance|
|3353||Electrical Equipment Manufacturing||3369||Other Transportation Equipment Manufacturing|
|5191||Other Information Services||5324||Commercial & Industrial Machinery & Equipment Rental & Leasing|
|3359||Other Electrical Equipment and Component Manufacturing||4842||Specialized Freight Trucking|
|5312||Offices of Real Estate Agents and Brokers||5411||Legal Services|
|5412||Accounting, Tax Preparation, Bookkeeping, & Payroll Services||4881||Support Activities for Air Transportation|
|4884||Support Activities for Road Transportation|
Women-owned-small-businesses (WOSBs) that are really serious about doing business with the government now have a better chance at succeeding with the new regulations in place.