VETERAN OWN SMALL BUSINESS (Prime)

VETERAN OWN SMALL BUSINESS (Prime)2019-05-20T01:02:42+00:00

The Department’s of Veteran Affairs and Small Business Programs implement the requirements to aid, counsel, assist, and protect the interests of Veteran and Small Business concerns to ensure that a fair proportion of total purchases, contracts, and subcontracts for property and services for VA are placed with Veteran and Small Businesses. 

The Department of Veterans Affairs (VA) promotes the maximum utilization of Veteran Owned Small Business (VOSB) as practicable. VA is the only agency which sets a goal and which tracks participation of VOSBs.

VA promotes the involvement of small businesses at the subcontract level  and requires that any contractor receiving a contract for more than $10,000 shall agree that small business concerns have the maximum practicable opportunity to participate in contracts awarded by the Department.  Furthermore, all prime contracts not awarded to small businesses, in excess of $1,500,000 for construction and $650,000 for all others, which offer subcontracting opportunities, must contain a subcontracting plan.  Each subcontracting plan must contain percentage goals for the maximum practicable utilization of small business concerns, small disadvantaged business concerns, and women owned small business concerns.