SDVOB CONTRACTING ASSISTANCE PROGRAM OVERVIEW:
Kevin Terrell, founder and owner of KT CONSULTING, is a Service Disabled
Veteran and active member of the Service Disabled Veteran Business Community, having served as the Chairperson for the California Disabled Veterans Enterprises “Keeping the Promise” Conference. He has also held various leadership positions within the Silicon Valley DVBE Network. The Small Business Administration actively promotes veteran’s business development opportunities in the Federal marketplace. SBA provides assistance to small business concerns that are owned and controlled by veterans and service-disabled veterans. It also works to increase the share of Federal procurement dollars awarded to these businesses.
The Veterans Entrepreneurship and Small Business Development Act of 1999 (P.L. 106-50) approved August 17, 1999, expanded the eligibility for certain small business assistance programs to include veterans, and directed certain Federal departments and agencies to take actions that enhance assistance to veterans. It also amended the Small Business Act (15 U.S.C. 631 et seq.) to include veterans and veterans with serviceconnected disabilities in its programs. The Act also requires that Federal contracting agencies establish and achieve a participation goal of 3% of the total value of all prime contract and sub-contract awards for each fiscal year for small businesses owned and controlled by veterans with serviceconnected disabilities.
The SBA works to establish aggressive goals with the Federal agencies and to develop sources of information to assist veterans in developing their small businesses.
Benefits of the Program
- Set-aside awards
- Sole source awards up to $3 Million
- Awards through full and open competition after application of a price preference in favor of the SDVOB SBC’s
Point of Contact
Kevin Terrell, Principal