2.101  Definitions.

2.  Amend section 2.101 in paragraph (b)(2) by--

a.  Adding, in alphabetical order, the definition "economically disadvantaged women-owned small business (EDWOSB) concern";

b.  Revising the definition "women-owned small business concern"; and

c.  Adding, in alphabetical order, the definition "Women-Owned Small Business (WOSB) Program".

The added and revised text reads as follows:

2.101  Definitions.

* * * * *

(b)  * * *

(2)  * * *

Economically disadvantaged women-owned small business (EDWOSB) concern--(see definition of Women-Owned Small Business (WOSB) Program in this section).

* * * * *

Women-owned small business concern means--

(1)  A small business concern--

(i)  That is at least 51 percent owned by one or more women; or, in the case of any publicly owned business, at least 51 percent of the stock of which is owned by one or more women; and

(ii)  Whose management and daily business operations are controlled by one or more women; or

(2)  A small business concern eligible under the Women-Owned Small Business Program in accordance with 13 CFR part 127 (see subpart 19.15).

Women-Owned Small Business (WOSB) Program.

(1)  Women-Owned Small Business Program (WOSB Program) means a program that authorizes contracting officers to limit competition to--

(i)  Eligible economically disadvantaged women-owned small business concerns for Federal contracts assigned a North American Industry Classification Systems (NAICS) code in an industry in which the Small Business Administration (SBA) has determined that WOSB concerns are underrepresented in Federal procurement; and

(ii)  Eligible WOSB concerns eligible under the WOSB Program for Federal contracts assigned a NAICS code in an industry in which SBA has determined that WOSB concerns are substantially underrepresented.

(2)  Economically disadvantaged women-owned small business (EDWOSB) concern means a small business concern that is at least 51 percent directly and unconditionally owned by, and the management and daily business operations of which are controlled by, one or more women who are citizens of the United States and who are economically disadvantaged in accordance with 13 CFR part 127. It automatically qualifies as a women-owned small business concern eligible under the WOSB Program.

(3)  Women-owned small business (WOSB) concern eligible under the WOSB Program (in accordance with 13 CFR part 127) means a small business concern that is at least 51 percent directly and unconditionally owned by, and the management and daily business operations of which are controlled by, one or more women who are citizens of the United States.

* * * * *