Service Disabled Veteran-Owned Small Business (SDVOSB) is a small business that it owned at least 51% by a disabled veteran as deemed by the Veterans Administration. These business owners have access to certain federal contract sets-asides. The Small Business Act states that the President of the United States must set aside 3% of all federal contracts to these businesses. The terms veteran and service-disabled veteran are defined in 38 U.S.C. 101(2) and (16) respectively, the Department of Veterans Affairs, United States Code.

Presidential Executive Order 13360
Calls for a significant increase in federal contracting and subcontracting opportunities for service-disabled veteran-owned businesses. The central feature of the Executive Order calls for all Federal agencies to develop a strategic plan to significantly increase it’s contracting and subcontracting with small businesses owned and controlled by service-disabled veterans. The Department of Defense has put a bold and aggressive plan in place in response to Presidential Executive Order 13360.

Posted on April 20th, 2020

Click here to see original article.

Refund Policy