A Service Disabled Veteran Owned Small Business (SDVOSB)
A new hierarchy for open market procurements places highest priority with SDVOSBs first, then VOSBs. They are followed by certified HUBZone firms, 8(a) participants, and certified Woman-Owned Small Businesses (in no particular order of precedence), all other small businesses, and finally, full and open competitions (unrestricted). This procurement authority, and its subsequent implementation, is a logical extension of VA’s mission to care for our Nation’s Veterans. VA refers to this program as the Veterans First Contracting Program. See VA Acquisition Regulation Part 808, Required Sources of Supplies and Services for priorities in purchasing and procurement.
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% of the total value of all prime contract and subcontract awards for participation by small business concerns owned and controlled by service-disabled veterans.
On December 16, 2003, the Veterans Benefits Act of 2003 (Public Law 108-183) was passed by Congress. Section 308 of the Act (Public Law 108-183) established a procurement program for Service-Disabled Veteran-Owned Small Business Concerns (SDVOSBC). This procurement program provides that federal contracting officers may restrict competition to SDVOSBCs and award a sole source or set-aside contract where certain criteria are met.