Bush approves set-asides for veterans

President Bush has signed a bill that creates a new small-business set-aside category for companies owned by veterans who were disabled during military service.

The Veterans Benefits Act of 2003 elevates such businesses to the same status as 8(a) or woman-owned firms, according to advocates. It allows agencies to provide sole-source contracts of up to $5 million to manufacturing businesses and up to

$3 million for other procurements. Contracting officers can also conduct competitions limited to such companies.

Now comes the harder part, said John Moliere, president of Standard Communications Inc. and a Vietnam War veteran. "All we need is for our brethren in the government to use it. I think they will."

Reader comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above