Veteran Owned - Service Disabled Veteran Owned Business

The United States Government sets aside contract for companies considered "Service-Disabled Veteran-Owned Small Business (SDVOSB.)"
The most notable of these contracts is the "VETS-GWAC" is the result of Executive Order 13360 that is designed to strengthen federal contracting opportunities for Service Disabled Veteran  firms.

Veteran or Service Disabled Veteran Owned Small Business are small business concerns with not less than 51 percent ownership by one or more service-disabled veterans or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more service-disabled veterans; and the management and daily business operations of which are controlled by one or more service-disabled veterans or, in the case of a veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran.

Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2) as, a person who served in the active military, naval, or air service, and who was discharged or released there from under conditions other than dishonorable with a disability that is service-connected, as defined in 38 U.S.C. 101(16) as, with respect to disability or death, that such disability was incurred or aggravated, or that the death resulted from a disability incurred or aggravated, in line of duty in the active military, naval, or air service.

OSDBU is the advocate that monitors theVeteran-Owned Small Business (VOSB) Program, with a special emphasis on SDVOSBs. Under the authority granted in Public Law 109-461, VA is authorized to set aside contracts and/or award sole source contracts, to SDVOSB and VOSB firms.

Far 19.1405 allows the Contracting Officer to set aside acquisitions exceeding the micro-purchase threshold for service-disabled veteran owned business concerns when the Contracting Officer has a reasonable expectation that Offers will be received from two or more service disabled veteran owned small business concerns; and Award will be made at a fair market price.

The Contracting Officer shall consider service-disabled veteran owned small business set-asides before considering service-disabled veteran owned small business sole source awards.

A Contracting Officer may award contracts to service-disabled veteran owned small business concerns on a sole source basis providing Only one service-disabled veteran owned small business can satisfy the requirement;

The anticipated award price of the contract (including options) will not exceed $5 million for a requirement within the NAICS codes for manufacturing; or $3 million for a requirement within any other NAICS code.

 

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