June 4, 2020  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Articles for Entrepreneurs

 

Veteran Entrepreneurs

 

Government Contracts for Service-Disabled Veteran-Owned Small Businesses

Did you know the federal government prioritizes the contracting of small businesses that are owned by disabled vets? If you are a service-disabled veteran who owns a business, you may be able to leverage Public Law 108-183 to get government contracts.

Veteran small business owners have access to a variety of federally sponsored small business programs.
(article continues below)

But thanks to recent legislation, service-disabled veteran entrepreneurs have a special advantage in the federal contract marketplace.

The Veterans Benefit Act of 2003 (Public Law 108-183) established a special procurement program for small businesses (or "small business concerns") owned by service-disabled veterans. In simple English, this means that disabled veteran entrepreneurs now have a competitive advantage in the awarding of federal contracts. Under certain conditions, federal agencies have the authority to move service-disabled veteran-owned companies to the top of the queue and to award them larger contracts.

What are the requirements?

Government contracts for service-disabled veteran-owned small businesses aren't automatic. There are certain requirements you'll have to meet to qualify for the program. For starters, your company must be a small business concern that is at least 51% owned by service-disabled veterans. Management and daily operations must also be controlled by at least one qualified disabled US veteran.

How does the government define a "small business concern"?

The Veterans Benefit Act is very specific about ensuring that Public Law 108–183 is applied exclusively to small business concerns. But just because you consider your company a small business doesn't mean that it meets the government's requirements. Instead, federal regulations clearly define small business concerns according to the standard size of small businesses in your industry. Since this program is implemented by the Social Security Administration, you can find information about your industry's small business concern limitations at their website: www.ssa.gov/oag/sdvosb.

Who qualifies as a "service-disabled veteran"?

To qualify as a service-disabled veteran you need to have been a member of the Armed Forces (Army, Navy, Air Force, Marines, Coast Guard) who suffered a disability as part of active duty. Individuals who suffered disabilities after their term of service or who received a dishonorable discharge do not qualify for this program.

Is there a certification process?

There is no certification process for the program. Service-disabled veterans "self-represent" their status during the contract procurement process – but the SBA, contract officers, or any interested party can contest a service-disabled veteran-owned business status.

Related Articles

Want to learn more about this topic? If so, you will enjoy these articles:

Veterans Starting a Business
Veteran Affairs Business Resources
Ten Great Resources for Veteran Entrepreneurs
Veteran Entrepreneur Grants
Veteran Entrepreneur Bootcamps


Conversation Board

We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.

Tonya 7/26/2010

I am a disabled vet and I have registered every where that I was suppose to register in order to get a government contract. i.e. CCR, vetbiz where do I go from there??? I am trying to get a government contract ASAP.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

 

 

Additional Resources for Entrepreneurs

Search Engine Marketing

Social Marketing Optimization

Business Forms

Business in the Jungle - Business in Fiction - Negotiating

Radio Ad Costs

Newspaper Advertising Rates

City-Specific Resources for Entrepreneurs

Small Business Insurance

Global Entrepreneurship

China & Entrepreneurs