New SBA rules to give women-owned businesses more leverage
Under new rules that the Small Business Administration is set to adopt, women-owned small businesses would be given the same preferences in bidding for federal contracts that are available to businesses considered to be disadvantaged. The rules would apply to contracts worth less than $3 million and would allow agencies to restrict competition for such contracts to businesses owned primarily by women.
Source: American City Business Journals/Washington (7/20)
Gillian Parrillo
The Sacramento Executive
