Rule Change To Provide Vets More Contracting Opportunities
The Veterans Affairs Department wants to put companies owned by veterans at the top of the pecking order for agency contracting opportunities.
VA published a proposed rule change on Wednesday in the Federal Register that would establish a set-aside program for veteran-owned and service-disabled veteran-owned small businesses.
“Supporting service-disabled veterans who own businesses contributes significantly in restoring their quality of life while enhancing transition from active duty to civilian life,” the rule stated. “Such acquisitions maintain the socioeconomic well-being of the nation and carry out VA’s strategic goals.”
The proposed rule builds off a 2004 executive order issued by President Bush that mandated increased contracting and subcontracting opportunities for veteran-owned and service-disabled veteran-owned small businesses. More.
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