SBA Publishes Rule on Women-Owned Small Businesses
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The Small Business Administration (SBA) has published a proposed rule to set aside contracts for women-owned small businesses in four industries where these businesses are underrepresented in the federal procurement process.
Under the proposed rule, women-owned small businesses in the national security and international affairs; coating, engraving, heat treating and allied activities; household and institutional furniture and kitchen cabinet manufacturing; and certain motor vehicle dealers industries would be eligible for set-aside agency contracts of less than $3 million or $5 million for manufacturing contracts. The industries were selected based on a RAND Corporation study to determine the industries in which women-owned small businesses were underrepresented in federal contracting.
The rule was published in the Federal Register on January 2 and is open to public comment for 60 days.