Rep. Celeste Maloy’s bill will help women-owned small businesses earn federal contracts

Posted under: SMB
Date: 2024-03-04
Rep. Celeste Maloy’s bill will help women-owned small businesses earn federal contracts

A Texas-based healthcare consulting company, QuarterLine Consulting, has agreed to pay $3.9 million to settle claims that it falsely presented itself as a women-owned small business to secure government contracts. The U.S. Small Business Administration (SBA) faces rampant fraud, including in the women-owned small business program. Utah Rep. Celeste Maloy introduced the bipartisan WOSB Integrity Act of 2024 to require applicants to verify their business size to receive federal contracts. The bill aims to ensure that competition for government contracting opportunities includes women and small business owners and is fair. Maloy believes the WOSB program should model the SBA's 8(a) program, geared toward awarding federal contracts to socially and economically disadvantaged businesses. Maloy suggests setting a percentage goal for women to be awarded as prime contractors to reduce barriers to women-owned businesses competing for federal contracts.

Read more at: www.deseret.com