In 2000, President Bill Clinton signed into law the federal Women’s Equity in Contracting Act, known as the “8(m) Program”.
In 2007, the bi-partisan passed legislation still had not been implemented in federal procurement by any agency. From 2007 thru the current date, Farris Law Firm owner Denise Farris worked with the national organization of Women Impacting Public Policy (WIPP) to draft public comment, congressional testimony, and committee participation aimed at effective Small Business Administration rule implementation for the Act. This involvement included service on the Small Business Advisory Committees for the U.S. House of Representatives under Representative Nydia Velasquez, and the U.S. Senate for Senators Olympia Snowe and John Kerry.
On March 10, 2011, members of WIPP, the Obama Administration, Small Business Administration, and various governmental and private contracting entities met in Washington DC to celebrate the final rule implementation for the new 8m program.
The new program establishes a utilization goal of 5% for women owned businesses providing goods or services in 83 categories at the federal level. These can be located at http://www.sba.gov/sites/default/files/files/gc_wosb_naics_grids.pdf
The actual program began April 1, 2011 and features a strong emphasis on encouraging Joint Ventures and Mentor/Protégé agreements on federal procurements.
Detailed information can be found at www.sba.gov\wosb.
Denise Farris at the Give Me 5% Reception
March 10, 2011