Generating Revenue Opportunities for Women-Owned Small Businesses Act of 2024

This bill raises the federal government's goal for contracts with women-owned small businesses from 5% to 7% of total procurement. It establishes a new exclusive contract vehicle for women-owned businesses, eliminates unnecessary restrictions on awarding contracts to them, and requires federal agencies to provide training to acquisition personnel on increasing contracts with these businesses. The bill also mandates reports on agency contracting practices and creates a list of women-owned businesses that haven't been awarded federal contracts. These provisions directly affect women-owned small businesses seeking federal contracts and federal procurement agencies responsible for implementing these changes.