Veterans federal procurement opportunities

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Presentation transcript:

Veterans federal procurement opportunities Element 28 Pg. 161

Topic Learning Objectives Discuss terms used in Federal Procurement Discuss the requirements to be eligible for the program Discuss the Federal Government’s responsibilities Learn where you can get local help

Common Terms VOSB Vs. SDVOSB

The “Rule of Two” General: At least two reasonable offers will be made Contract can be awarded at ‘fair market price’

The “Rule of Two” Per 38 USCA § 8127, contract bids shall be restricted to VOSBs when: At least two VOSB/SDVOSB will submit offers Offers will be made at fair and reasonable market price

Business Requirements To be considered an SDVOSB: Business must be ‘small’ according to the SBA A veteran must own 51% of the business The owning veteran must have a service related disability The veteran must control management/daily operation The veteran must hold the highest officer position (CEO)

Federal Government's Responsibilities The Federal Government MUST award a total of 3% of all contracts to a SDVOSB Must ensure that SDVOSB contracts cannot exceed: $5 million for manufacturing requirements $3 million for all other requirements

Federal Business Opportunities https://www.fbo.gov/ https://www.va.gov/osdbu/

Resources University of Central Florida Procurement Technical Assistance Center in Cocoa, FL (321)433-7386 Space Coast SCORE in Melbourne, FL (321)254-2288 Patrick AFB Airman & Family Readiness at Patrick AFB, FL (321)494-5676