
Why contract with a Service-Disabled Veteran-Owned Small Business (SDVOSB)? Expanding business opportunities is one important way to honor the men and women who, throughout history, have served proudly and courageously in our Armed Forces, placing their personal safety and ambitions second to protecting our country, preserving American ideals, and fighting the enemies of freedom. Working with SDVOSB's has become faster and more streamlined as a result of the Veterans Benefits Act of 2003, which was passed by Congress on December 16, 2003. Section 308 of the Act (Public Law 108-183), established a procurement program for Service-Disabled Veteran-Owned Small Business Concerns (SDVOSBC). This procurement program provides that Federal contracting officers may restrict competition to SDVOSBCs and award a sole source or set-aside contract where certain criteria are met. On October 20th, 2004, the President signed Executive Order 13360 calling for an increase in federal contracting and subcontracting opportunities for service-disabled veteran-owned businesses. On December 12th, 2004, the Executive Office of the President issued a memorandum to all Federal agencies on the implementation of the Executive Order to develop a strategy to significantly increase its contracting and subcontracting with small businesses owned and controlled by service-disabled veterans. An annual contracting goal of 3% has been established for all Government agencies; however, most do not and have not met that goal. Our status as a Service-Disabled Veteran-Owned Small Business allows Government agencies to obtain our services in an expeditious manner and can help them meet their annual SDVOSB contracting goal. The Veterans Benefit Act recognizes the service and sacrifice made by veterans suffering from a service-connected disability by providing assistance with federal contracting opportunities. Public Law (P. L.) 108-183 was created as a program in part to address concerns and criticism directed at P. L. 106-50, The Veterans Entrepreneurship and Small Business Development Act of 1999. Some thought that the lack of a specific procurement mechanism under P.L. 106-50 to encourage government activities to award contracts to SDVOSBs limited their ability to do so. P. L. 108-183, the Veterans Benefit Act of 2003, provided the solution. The four main objectives of the Veterans Benefit Act are to:
While this program is a significant opportunity for veterans, it is not "easy money" nor a guarantee of success for SDVOSBs. The Contracting Officer may award a sole source contract to a SDVOSB if
The Contracting Officer MAY set-aside contracts for SDVOSB if:
The Contracting Officer MAY NOT set-aside contracts if:
Many State Governments have initiated programs that support Service Disabled Veteran Owned Businesses. They established these programs to acknowledge disabled veterans for their service and to further their ability to participate in state contracting, promote competition and encourage greater economic opportunity. Federal and State Contractors are required by law to engage Service-Disabled, Veteran-Owned Small Businesses (SDVOSBs) to meet set aside supplier requirements on various contracts that have been awarded. By honoring these business leaders, we also acknowledge the sacrifices they have made while defending our nation in uniform. Many businesses wish to promote, develop, and encourage the use of minority, women-owned, and disabled veteran businesses (MWDVBEs) while maintaining best in class supply chain practices of obtaining goods and services |
| LEGAL |
TERMS OF USE | 508 COMPLIANCE | PRIVACY |