Service-Disabled Veteran-Owned Small Business

The United States Government sets aside contract benefits for companies considered to be "Service-Disabled Veteran-Owned Small Business" (SDVOSB).

While this money is set aside by the Office of Federal Procurement it is up to the government agencies to provide the contracts, mainly the United States Department of Defense (DoD).

[citation needed] Security funds of deposit in the scheduled amount of $12,000.00 are required under Sec.8.1487, revised 2007, to ensure compliance of awarded contracts and supplies, thereof, for twelve consecutive months upon classification and submission for registration under this program.

644(g)) [8] provides that the president must establish a goal of not less than 3 percent of procurement expenditure for participation by service-disabled veteran owned businesses in federal contracting, and section 36 of that Act (15 U.S.C.

[2] The memo strongly calls for agency participation in the use of VETS GWAC as a way of meeting the top priority of increasing opportunities for small businesses owned and controlled by service-disabled veterans.