What Does Owning an SDVOSB (Service-Disabled Veteran-Owned Small Business) Do for Me?
If you are service-disabled owner of a small business (“SDVOSB”), you may have unique contracting opportunities with the federal government. According to Executive Order 13360, at least 3% of all federal agencies’ contracting dollars must go toward businesses that are service-disabled veteran-owned small businesses.
Federal Agencies Search for SDVOSBs
In the past, the federal agencies were often unable to meet this 3% goal; the General Services Administration (“GSA”) attributed these failures largely to the agencies’ inability to find SDVOSBs in the marketplace. Fortunately, this leaves SDVOSBs in a favorable position. Federal agencies are very actively seeking SDVOSBs in order to meet their 3% goals.
As a SDVOSB, you have access to certain federal contract set-asides. A contract set-aside refers to the agencies’ reservation of a percentage of the total contracts that will be awarded in a given year. Federal business opportunities are posted here. Through the website, you can access all federal government procurement opportunities valued at greater than $25,000.
Technology Companies in Particularly High Demand
Two months ago, the Veterans Technology Services Governmentwide Acquisition Contract’s (“VETS GWAC”) prime contractors awards were finalized. Although the federal government has already selected its prime contractors, there are still opportunities for service-disabled veteran-owned subcontractors to bid and acquire contracts. If you are interested in contracting opportunities under VETS GWAC, the prime contractors are listed here.
The official VETS GWAC website provides a host of additional information and can be accessed here.
GSA is an Example of an Agency Meeting Goals
The GSA is one of the few federal agencies that has exceeded its 3% contracting goal. Its success is due, in large part, to its advocacy, outreach, and training program (which it calls its “21 Gun Salute” strategy). As part of its training program, GSA’s Office of Small Business Utilization (“OSBU”) offers on-site and online training for small business. The programs teach small business owners techniques to market their business better, ways to make the business more sustainable, and strategies geared towards creating partnership relationships.
Vendors looking to bid on GSA contracts can find opportunities with any of the GSA’s offices. Click here for a list of the GSA’s offices.
Learn More About Contracting Opportunities
Although federal agencies are currently starving for SDVOSBs, the process can prove convoluted for those inexperienced in federal procurement contracting. Moreover, there is a certification process that SDVOSBs must go through before becoming eligible for contracting advantages. The process is full of hurdles for the unwary or inexperienced.
Thus, if own a service-disabled veteran-owned small business and you think a federal government procurement contract may be right for you and your small business, contact Whitcomb Law, P.C. today. Our firm’s experienced attorneys can guide you through the process and make sure you take advantage of every (well-deserved) advantage that you have.