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Jul 6 2018    Next issue: Jul 20 2018

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OIG finds 89% of WOSB sole-source contracts not compliant

      Nearly 90% of the sole-source federal contracts awarded under the government’s Women-Owned Small Business (WOSB) contracting program failed to comply with regulations, a recent audit found.

      The audit by the Small Business Administration’s Office of Inspector General reported that 50 out of 56 sole-source WOSB contracts reviewed were non-compliant. Those 50 improper contracts--representing 89% of those audited--totaled $52 million. They were awarded from Jan. 1, 2016 to April 30, 2017.

      Furthermore, the WOSBs that received those 50 sole-source awards did not follow the government’s self-certification rules...more....

     

OIG finds 89% of WOSB sole-source contracts not compliant

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