Be the First to Win Women Owned Small Business (WOSB) Set-aside Contracts Date/Location: Thursday, September 9, 2010 in Bethesda, MD Time: 8:30 a.m. - 9:00 a.m. Refreshments, Coffee, Bagels, Juice Course: 9:00 a.m. to 12:00 p.m. EST Cost: $350 per person Speaker: Angela Pak >>  REGISTER HERE

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Start Early on Your 8(m) Certification

Many of the nation’s fastest-growing woman-led businesses attribute their growth to federal government contracts; women owned businesses can record multi-million dollar increases in revenue by focusing on federal business and the opportunities will only increase when the new women-owned set-aside program is implemented by the Small Business Administration (SBA). SBA recently published proposed rules for a small business set-aside program that would give small women business-owners more opportunities in federal contracting.

The new program will provide set-asides for procurements in 83 industries defined by North American Industry Classification System (NAICS) codes; industries where Women-Owned Small Businesses (WOSBs) are "under-represented" or "substantially under-represented" in federal contracting.  Economically Disadvantaged Women Owned Small Businesses (EDWOSBs) will have access to set-asides in both the under-represented and substantially under-represented categories while WOSB will have access to set-asides in just the substantially under represented category.

As proposed, WOSBs would self certify that they are small and 51% owned by women. EDWOSBs would also have to certify that they are economically disadvantaged. Self certification would be verified by (1) a lengthy, complex certification at the federal ORCA Web site and (2) a set of ownership and financial document s must be submitted and filed in an online “document repository” to be maintained by the SBA.

The new women owned preference program will be referred as the 8(m) Program because it is patterned after the 8(a) Program for small disadvantaged businesses.

This seminar expands on the Seminar of April 15, 2010 summarizing current 8(m) program status and providing how to information on being one of the first to win 8(m) contract dollars.

Get the details and learn how you can be one of the first women owned businesses to benefit from the new proposal.

Seminar topics include:

Summary of proposed Small Business Administration (SBA) rules

• Ownership & outside control requirements
• Economically disadvantaged certification requirements for EDWOSB.

New Program Information; the latest on program status from SBA

• Option year treatment of set-aside dollar limits
• Final regulations timeline
• Self certification document repository time line
• ORCA certification web site update timeline

Certification Procedures

• Approved certification agencies
• Requirements for WOSBs currently certified as 8(a)
• Recommended corporate document file formatting procedures for self certifying WOSBs
• Critical aspects of certification for WOSBs, including “Document Lists” meeting anticipated verification criteria 
• Requirements to prove economic disadvantage, including “Document Lists” meeting anticipated verification criteria

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Selling under the 8(m) Program:

Fedmarket will also be offering the following service immediately upon publication of the final 8(m) regulations by the Small Business Administration.

Past experience indicates that the federal database will not be ready for receipt of the self certification document set when final rules are published. In that event, the proposed regulations say that the document set must be submitted to the Contracting Officer when a specific procurement is designated as an 8(m) set-aside.

WOSB Certification Service

Fedmarket will assist WOSBs and EDWOSBS to prepare their corporate documents for submittal to Contracting Officers using How to Guidelines for preparing required documents, Fedmarket.com software, and online and telephone consulting assistance.

Pricing:
WOSBs: $ 1,200
EDWOSBs: $ 2,900

Qualification Requirements

All Women Owned Small Businesses (WOSB) and Economically Disadvantaged Women Owned Small Businesess (EDWOSB)

Critical requirements from the ORCA Requirements in the Proposed Rule (subjective issues requiring assistance)

• 51% owned by women
• Control requirements
• Etc.

Proof of Citizenship, Birth Certificate, Naturalization Papers, or Passport

Type of Organization Requirements

Corporations

• Shareholder Agreements & Amendments
• By-laws & Amendments
• Joint Venture Agreements & Amendments

Limited Liability Company (LLC)

• Articles of Organization & Amendments
• Operating Agreements & Amendments
• Joint Venture Agreements & Amendments

Partnership

• An original and amended partnership agreement

Economically Disadvantaged Women Owned Small Business (EDWOSB)

Form 413, Personal Financial Statement (subjective issues requiring assistance)

• Critical requirements from the ORCA Requirements in the Proposed Rule
• Affect of spouse, retirement accounts, etc.
• Etc.

Seminar Cancellations & Rescheduling

Cancellation notifications must be received one week prior to the seminar date. Upon notification, your registration fee will be refunded less a $100 non-refundable processing fee. Any cancellations beyond the one week period are non-refundable. You may reschedule at anytime; if you reschedule to attend another seminar, we will apply your payment toward your new registration fee. Personnel substitutions may be made at any time. Payment must be received prior to the seminar date. No-shows are liable for the full seminar fee.