# WOSB Program Transparency Act: What You Need to Know

This bill requires the federal government to start publishing detailed annual reports about women-owned small businesses and how they're doing with government contracts. Right now, there's no comprehensive public tracking of this information, so this bill aims to shine a light on what's actually happening in the women-owned small business program.

Here's what the government will have to report each year: how many women-owned businesses are officially certified, how much it costs to get that certification, how many federal contracts go to these businesses, and how much money those contracts are worth. The reports will also track whether women-owned businesses are being unfairly rejected or kicked out of the program, and whether federal agencies are properly trained on the rules. Essentially, it's creating a public scoreboard so Congress and the public can see if the program is working as intended or if there are problems that need fixing.

For women business owners, this could mean more transparency about whether the certification process is fair and whether they're getting a fair shot at federal contracts. For taxpayers and Congress, it means better information to evaluate whether government money is actually reaching women entrepreneurs as the program intends. The bill doesn't change any rules about who qualifies or how contracts are awarded—it just requires the Small Business Administration to collect and report data that should help identify where improvements might be needed. The first report would be due by May 2023, and then annually after that.

WOSB Program Transparency Act

Women-Owned Small Business Program Transparency Act or the WOSB Program Transparency Act This bill requires the Small Business Administration to report information about the number and total dollar amount of contracts awarded under the Women-Owned Small Business Federal Contracting program.