The program is designed to help more women owned small businesses to win federal contracts by providing a level playing field for WOSBs to compete. It is also intended to help federal agencies to meet contracting goals for women owned small businesses.
That is, in accordance with legislatively established government-wide contracting goals, federal agencies are supposed to award at least 5% of all prime contract dollars awarded each year to women-owned small businesses. This program helps agencies achieve the women’s contracting goal.
ChemTrack is designated as an Economically Disadvantaged Woman Owned Small Business (EDWOSB).
8(a) Sole Source eliminates time consuming process of RFP development, waiting for contractor responses, evaluation all submission, and mitigates potential protests.
ChemTrack, as an 8(a) EDWOSB, can receive sole source awards up to $4.5 Million, per project.