Setting business aside

Key provisions of the set-aside for service-disabled veteran-owned

businesses:

Sets rules for the use of provisions in the Veterans Benefits Act of 2003 by amending the Federal Acquisition Regulation.

Allows contracting officers to restrict competitions to service-disabled veteran-owned businesses if there is a reasonable expectation that two or more will submit offers.

Allows a sole-source award if there is not a reasonable expectation of more than one bid and if the anticipated contract will not exceed $5 million for manufacturing or $3 million for other work.

To qualify, service-disabled veterans must own at least 51 percent of a private company or at least 51 percent of the stock of a public company. A service-disabled veteran must also control the management and daily operation of the business, or be the spouse or permanent caregiver of a severely disabled veteran.

Featured

  • Comment
    customer experience (garagestock/Shutterstock.com)

    Leveraging the TMF to improve customer experience

    Focusing on customer experience as part of the Technology Modernization Fund investment strategy will enable agencies to improve service and build trust in government.

  • FCW Perspectives
    zero trust network

    Why zero trust is having a moment

    Improved technologies and growing threats have agencies actively pursuing dynamic and context-driven security.

Stay Connected