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....