For veterans of the U.S. military, the veteran-owned small business programs-one run by the U.S. Department of Veterans Affairs, the other by the U.S Small Business Administration-can provide important set-aside and subcontracting opportunities. Under certain circumstances, service-disabled veterans are also eligible for sole source set-asides.
Within the Department of Veterans Affairs (VA), the procurement hierarchy for open market acquisitions places the highest priority on SDVOSBs, followed by VOSBs, putting Veteran-owned businesses ahead of 8(a), HUBZone, Woman-owned and other small businesses. This is the only program that gives first-priority to veterans and the only program that provides a preference for veteran business owners who are not service-disabled. The VA is one of the largest federal procurement organizations, awarding over $3 billion to Veteran-owned small businesses.
Unfortunately, the SDVOSB programs also involve complex and confusing requirements. If your company needs a Veteran focused attorney, our firm can help you make sense of the regulations, as well as avoid adverse eligibility protests and other pitfalls.