The SBA’s Service-Disabled, Veteran-Owned Small Business (SDVOSB) program allows contracting officers to restrict competition in a procurement to eligible SDVOSB firms, and in some cases award a sole-source contract directly to an SDVOSB firm.
The federal government has a agency-wide goal to award at least 23% of its contracting dollars to small businesses, with a 3% goal for awards to SDVOSBs. The SDVOSB program has specific requirements as to how the participant company is to be structured and operated. To be eligible as an SDVOSB, the subject company to be at least 51% owned by one or more Service-Disabled Veterans (SDV), an SDV must control the management and daily operations of the company, and an SDV must hold the highest officer position in the company.
General Counsel, P.C. will help you determine if you meet the qualifications of entry into the SDVOSB program. While there is no formal application process into the SDVOSB program, it is essential that a company wishing to self-certify as an SDVOSB concern structure the company in a way to ensure eligibility. We will help you compile and review the necessary corporate documents to properly establish your company as an SDVOSB. Once certified as a SDVOSB small business, we will assist you with program-specific requirements, including subcontracts, teaming agreements, and joint ventures that build on your certification.