Special Report: 2006 Federal Contracting Data Grossly Overstates Spending With Women-Owned Firms
Contracting Data Reported by the Small Business Administration in 2006 Overstates Spending with Women-Owned Firms by Billions
USWCC | Report to Congress: Federal data grossly overstates contracting with women-owned firms (Includes 2007 update)
The U.S. Women’s Chamber of Commerce delivered this report to Congress to shine the light on the challenges women-owned firms face in the federal contracting arena. For more than a decade the federal government has not met the paltry five-percent goal for contracting with women-owned small businesses (WOSB).
This report uncovers potentially billions of dollars that have been incorrectly attributed to federal spending with women-owned firms. These are not just anomalies. We have identified dozens of firms that continue to be counted as women-owned when they are headed by male CEOs. The SBA does little to assure the veracity that a firm is women-owned, and Congress has done little to force the SBA to support the very small businesses they are tasked with championing.
>>Read the report (PDF)
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