Service-Disabled Veteran-Owned Small Business

The United States Government sets aside contract benefits for companies considered 'Service-Disabled Veteran-Owned Small Business (SDVOSB.)

The most notable of these contracts is the "VETS-GWAC" is the result of Executive Order 13360 that is designed to strengthen federal contracting opportunities for SDVO firms. The current VETS contract is for the period from 2 February 2007 through 1 February 2017 with a five-year option. This program has a ceiling of $5 billion. While this money is set aside by the Office of Federal Procurement it is up to the government agencies to provide the contracts, mainly the United States Department of Defense (DoD).

Criteria

A business hoping to be considered "Service-Disabled Veteran" must be at least 51% owned by an individual who can be considered by the government as a Service-Disabled Veteran. The terms "veteran" and "service-disabled veteran" are defined in 38 U.S.C 101(2) and (16). The following definitions are as stated in that code.