19.1401
General
FAR 19.1401 establishes the SDVOSB Program to increase federal contracting opportunities for service-disabled veteran-owned small businesses.
Overview
- FAR 19.1401 establishes the foundation for the Service-Disabled Veteran-Owned Small Business (SDVOSB) Program, as authorized by the Veterans Benefit Act of 2003. This section outlines the program's creation and its primary purpose: to provide federal contracting assistance to small businesses owned and controlled by service-disabled veterans. The SDVOSB Program is a key initiative to increase federal contracting opportunities for this group, supporting both veteran entrepreneurship and federal small business goals.
Key Rules
- Establishment of SDVOSB Program
- The SDVOSB Program was created under the Veterans Benefit Act of 2003 to support service-disabled veteran-owned small businesses in federal contracting.
- Purpose of the Program
- The program's main goal is to provide contracting assistance, helping eligible businesses compete for and win federal contracts.
Responsibilities
- Contracting Officers: Must be aware of the SDVOSB Program and consider its requirements when planning and awarding contracts.
- Contractors: Service-disabled veteran-owned small businesses must meet eligibility criteria to participate and benefit from the program.
- Agencies: Should implement policies and procedures to ensure SDVOSB participation in federal contracting opportunities.
Practical Implications
- This section sets the stage for subsequent regulations detailing eligibility, procedures, and set-aside requirements for SDVOSBs.
- It highlights the federal government's commitment to supporting service-disabled veterans through contracting opportunities.
- Contractors should understand this program as a potential avenue for increased federal business, while agencies must ensure compliance with SDVOSB contracting goals.