The Veterans Benefits Act of 2003 (Public Law 108-83) established a procurement program for SDVOSB Concerns
(SDVOSBC) For set aside contracts, the guidelines enabling contracting officers to restrict competition
to service-disabled veteran-owned companies require that:
A minimum of two small business concerns
owned and controlled by service-disabled veterans will submit bids
The expected award price
of the contract (including options) will not exceed $3 million for non-manufacturing SIC code contracts
In the estimation of the contracting officer, the contract can be made at a fair and reasonable price
The President of the United States issued Executive Order 13360 on October 20, 2004, which strengthened opportunities
in Federal contracting for Service-Disabled Veteran-Owned Small Business Concerns.
Joint venture and Mentor-Protégé
agreements are permitted within the SDVOSBC program.
The objective of this procurement program
is to assist agencies in achieving the statutorily mandated 3% government-wide goal for procurement from Service-Disabled
Veteran-Owned Small Business Concerns.