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GSA Allocates $355M in FY 2021 Contracting Opportunities for Women-Owned Firms

1 min read

The General Services Administration has set aside $354.9 million to contracting opportunities intended for women-owned small businesses in fiscal year 2021 and awarded more than $561.7 million in contracts to the WOSB community the previous year.

GSA’s Office of Small and Disadvantaged Business Utilization (OSDBU) said Tuesday 10.47 percent of the total FY 2020 contracting obligations for women-owned vendors were prime awards.

The federal government has aimed to award 5 percent of contracts to WOSBs over the past two decades, according to the office. OSDBU noted that the Small Business Administration gave GSA  an A+ grade for the latter agency's small business procurement efforts during FY 2019.

The office supports various activities meant to help smaller companies engage with contracting professionals, learn about the government acquisition process and gain access to the GSA Forecast of Contracting Opportunities Tool, the Federal Procurement Data System and training resources.

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