Bush approves set-asides for veterans
- By Michael Hardy
- Jan 11, 2004
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."