What is SDVOSB?
Service-Disabled Veteran-Owned Small Business (SDVOSB) is a small business certification for firms owned and controlled by veterans with service-connected disabilities, as defined in 13 CFR Part 125. SDVOSBs can compete for set-aside and sole-source contracts, promoting veteran-owned business development. This certification is crucial for contractors seeking to leverage their veteran status in federal contracting opportunities.
How It Works in Practice
Illustratively, a tech firm owned by a disabled Army veteran certifies as an SDVOSB. The firm develops secure communication software and bids on a federal contract set aside for SDVOSBs. The contract is awarded to the firm based on its competitive proposal and certification status.
Why It Matters for Contractors
Obtaining SDVOSB certification opens doors to federal contracts set aside exclusively for service-disabled veterans. This status can provide a competitive edge in bidding processes. Contractors should ensure they meet ownership and control requirements and maintain proper documentation.
Key Facts
- SDVOSBs must be small businesses as per SBA size standards.
- Ownership and control must be by one or more service-disabled veterans.
- Service disability must be verified by the Department of Veterans Affairs (VA).
- The SBA certifies SDVOSBs through the VA's Vets First Verification Program.
- SDVOSBs can compete for set-aside and sole-source contracts.
Related Terms
- Set-Aside — Contracts reserved exclusively for specific small business categories including SDVOSBs.
- Sole Source — Contracts awarded without competition to a single certified SDVOSB.
- SAM.gov — The System for Award Management, where SDVOSBs register to bid on federal contracts.
- 13 CFR Part 125 — Regulation defining SDVOSB eligibility and certification requirements.