The Veterans Benefit Act of 2003 (15 U.S.C. 657f) created a procurement program for small business concerns owned and controlled by Service-Disabled Veterans (SDVO) with the express purpose of providing Federal contracting assistance to SDVO small businesses.
- Astraeos’ Interest
As an SDVO, Astraeos can participate in many of the sole-source and set-aside procurement opportunities offered by the Federal government. In addition, we can help our teaming partners to obtain financial incentives while assisting the Contracting Office in meeting its small business goals.
- Partner’s Interest
Companies engaged in the federal market can benefit by teaming with Astraeos to pursue SDVO set-asides for which they would not normally qualify. In addition, most Federal prime contractors must include a subcontracting plan with their proposals identifying small business procurement goals; the program provides evaluation credits for prime contractors who achieve their subcontracting targets.
- Contracting Officer’s Interest
Set-aside acquisitions that exceed the micro-purchase threshold for competition restricted to service-disabled veteran-owned small business concerns can be made when there is an expectation that offers will be received from two or more service-disabled veteran-owned small business concerns; and that an award can be made at a fair market price.
Sole-source awards can be made to service-disabled veteran-owned small business concerns (Subparts 19.501(d) and 6.302-5), provided only one service-disabled veteran-owned small business concern can satisfy the requirement; and the anticipated award price of the contract (including options) will not exceed $3 million for a requirement within any other NAICS code; and award can be made at a fair and reasonable price.
