SOLE SOURCE AWARDS TO SDVOSB
- Under the SDVOSB vehicle Contracting Officers can issue sole source solicitations to qualified Service-Disabled Veteran-Owned Small Businesses.
- Maximum award including options is $3 million for services. (13 C.F.R. 125.20 and FAR 19.14)
- Helps individual commands, DoN, and DoD meet SDVOSB contracting goals set by The Veterans Entrepreneurship and Small Business Development Act of 1999 (Public Law 106-50) and Executive Order 13360.
- The Veterans Entrepreneurship and Small Business Development Act of 1999 (Public Law 106-50) established an annual Government-wide goal of not less than 3 percent of the total value of all prime contract and subcontract awards for participation by small business concerns owned and controlled by service-disabled veterans.
- The Veterans Benefits Act (VBA) of 2003 (Public Law 108-183) Section 308 established a sole source and set-aside procurement program for service-disabled veteran-owned small business concerns.
- Executive Order 13360 reinforces Public Law 106-50 and 108-183 by directing federal agencies to develop strategies in order to implement the SDVOSB policy.
- FAR 19.14 describes in detail the SDVOSB procurement program.