Why Choose a Service-Disabled Veteran Owned Small Business?
The wording in FAR 6.2 is particularly important in that it indicates there is no justification required for setting aside and acquisition for SDVOSB’s. This means that the previously difficult process of justifying a set-aside no longer applies for SDVOSB set-asides. In fact, immediately following a 15-day Notice of Contract Action for Intent to Award synopsis; a SDVOSB sole-source award can be made if no other SDVOSB claimed an interest and ability to meet the requirement.
- Executive Order 13360, October 20, 2004, “Providing Opportunities for Service-Disabled Veteran Businesses to Increase Their Federal Contracting and Subcontracting”
- The Small Business Act (15 U.S.C. 632(q)) and Title 13 CFR part 125.8 define a qualifying SDVOSB as being a small business concern with 51% ownership and which has daily business operations management controlled by one or more service disabled veteran(s).
- 15 U.S.C. Section 308 and FAR Subpart 19.1406 define the procedures for contracting officers to award sole-source contracts.
- FAR Subpart 19.1405 establishes the procedures for SDVOSB set-asides where contracting officer has a reasonable expectation that not less than two small business concerns owned and controlled by service-disabled veterans will submit offers and that the award can be made at a fair market price.