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Veterans federal procurement opportunities

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Presentation on theme: "Veterans federal procurement opportunities"— Presentation transcript:

1 Veterans federal procurement opportunities
Element 28 Pg. 161

2 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

3 Common Terms VOSB Vs. SDVOSB

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

5 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

6 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)

7 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

8 Federal Business Opportunities

9 Resources University of Central Florida Procurement Technical Assistance Center in Cocoa, FL (321) Space Coast SCORE in Melbourne, FL (321) Patrick AFB Airman & Family Readiness at Patrick AFB, FL (321)


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