What is a SDVOB?
To empower Service-Disabled Veteran-Owned Businesses (SDVOB), the US Small Businesses Administration has established the Service-Disabled Veteran-Owned Small Business Concern Program. This program seeks to give a particular set of criteria to be utilized in government contracting that determines the service-disabled veteran status, set-aside procurement opportunities, business ownership and control requirements, and appeal and protest procedures for Service-Disabled Veteran-Owned Small Businesses Concern procurements.
If you’re thinking of building a service-disabled veteran-owned business, then it is of utmost importance that you know the basics of the Service-Disabled Veteran-Owned Small Business Concern (SDVOSBC) Program.
Eligibility for Service-Disabled Veteran-Owned Business (SDVOB) Status
The goal of this program is to be able to set particular acquisitions aside for businesses with SDVOB status. With the Service-Disabled Veteran-Owned Small Business Concern Program, government contracting officers will be given the power to restrict competition to businesses with SDVOB status only and set-aside contract as long as certain criteria are met. To be eligible for SDVOB status, businesses must meet the following criteria:
· The Service-Disabled Veteran (SDV) must have a disability that was incurred or has been worsened in the line of duty, whether in the military, air, or naval service. The disability must be certified by the Department of Defense or the Department of Veterans Affairs.
- The SDV must own at least 51% of the SDVOB unconditionally.
- The SDVOB must be considered small by the North American Industry Classification Systems code assigned to the procurement.
- The SDV must hold the highest position in the SDVOB.
- The SDV must control the daily operations and management of the SDVOB.
Service-Disabled Veteran-Owned Business (SDVOB) Set-Aside Requirements
A contracting officer is allowed to set-aside requirements for a government contracting project if:
- The government contracting award is given at a fair market price
- There are at least two responsible SDVOB that will submit offers
- The requirement is not exempted from SDVO contracting
A contracting activity may not be exempted and make a requirement available for a SDVO contract if:
- The SBA has accepted that requirement for performance or if the requirement is being performed by an 8(a) participant.
- The requirement is going to be fulfilled through the award of Javits-Wagner-O’Day Act-participating non-profit agencies for the blind and severely disabled or Federal Prison Industries, Inc.
Be Informed on the Service-Disabled Veteran-Owned Small Business Concern Program
The eligibility and set-aside requirements listed above are just some of the things that you must know before building a Service-Disabled Veteran-Owned Business (SDVOB). To help you with certain specifics when entering the field of government contracting as an SDVOB, it would be wise to seek assistance from companies such as ARCHER JORDAN.
Prevailing wage contractors, small to big business contractors, and service-disabled and veteran-owned businesses rely on us when it comes to questions about providing fringe benefits to government contractors and hourly hires in compliance with prevailing wage determinations, among others. Be informed now and contact ARCHER JORDAN by calling +1 888-745-0754