The women-owned test has two halves. Ownership: the concern is at least 51 percent owned by one or more women 1. Control: its management and daily business operations are controlled by one or more women 2.
The FAR's definition of the economically disadvantaged version, EDWOSB, goes further: the women owners must be economically disadvantaged under SBA's rules in 13 CFR part 127, and the concern must be certified by SBA or an approved third-party certifier 3.
An EDWOSB concern automatically qualifies as a WOSB concern eligible under the WOSB Program 4.
The NAICS code decides whether a set-aside is possible
WOSB Program set-asides depend on the industry and on market research. A contracting officer may restrict competition to WOSB concerns eligible under the program, including EDWOSB concerns, for requirements in NAICS codes designated by SBA as substantially underrepresented, if there is a reasonable expectation based on market research 5 that two or more such WOSB concerns will submit offers 6 and that contract award may be made at a fair and reasonable price 7.
EDWOSB-only competition has its own list: for requirements in NAICS codes designated by SBA as underrepresented, a contracting officer may restrict competition to EDWOSB concerns if market research gives a reasonable expectation 8 that two or more EDWOSB concerns will submit offers for the contract 9 and that contract award will be made at a fair and reasonable price 10.
Bids2Bank's SAM.gov search can filter notices for WOSB set-asides 11.
Worked example. Contractor L is 51 percent owned by its founder, who also runs it day to day, and it is certified under the WOSB Program. Its main NAICS code is not on SBA's list, so it watches small business set-asides there and keeps WOSB set-asides for a second code that is listed.
Filter SAM.gov notices for WOSB set-asides →
Indented paragraphs are invented worked examples. Tool links open Bids2Bank and need a free account.
Next lesson: Veteran-owned and service-disabled veteran-owned firms