What is a Service Disabled Veteran Owned Small Business (SDVOSB) ?
A SDVOSB is a business with the size that meets the standards of the Small Business Administration.
When was the SDVOSB Program Established ?
The SDVOSB Program was established by President George W. Bush in Executive Order 13360 on Oct. 20th 2004. This outlined both the responsibilities and possible opportunities of Federal Contracting and Subcontracting to SDVOSBs.
What are SDVOSB Set Aside Solicitations ?
Set Aside Solicitations state that funds can be set aside for SDVOSB's if the contracting officer has a reasonable expectation that two or more qualified SDVOSB's with submit offers, and the contract will be awarded at a fair market price. There is no dollar limit on SDVOSB set asides. If only one offer is received, then the contracting officer will receive an award at a fair market price.
What are SDVOSB Sole Source Awards ?
Sole-source awards can be allocated if the contracting officer determines that a qualified SDVOSB is available to perform the contract, and the anticipated award value of the proposed contract, including options, will not exceed certain prices: $5 million for a requirement within the North American Classification System (NAICS) for manufacturing or $3 million for a requirement within all other NAICS codes.
What are the Federal Requirements for SDVOSB Certification ?
There is no Federal SDVOSB certification program. The service disabled veteran business owner self represents his/her small business status in contract representations and certifications. However, the Department of Veterans Affairs (VA) has a formal process for certifying that a small business meets all the requirements under the Service Disabled Owned Small Business Program.
What are the limitations on Subcontractors by Prime SDVOOSBs? 50% of direct labor services and 30% of cost of manufacturing.