To qualify for a VOSB certification, you first have to prove your veteran status with the Department of Defense Form 214 (DD214), which is received when you are honorably retired, separated, or discharged from the military. You must also directly own at least 51% of your business and manage it strategically and in day-to-day operations.
Qualified Team Partners of a Veteran Owned Small Business shares the VOSB Status as well. VOSB status provides unique access to small businesses “set aside” contracting opportunities. This status allows small and large companies an opportunity to partner with another small company like Bertotti, Frank that meets the federal requirements for the small business set aside contracting market.
VOSB Status ensures Priority Access to Opportunities (at least 3% of prime contract dollars annually)
Veteran-Owned Small Business a.k.a. VOSB
Sole-source set-aside contracts Most contracts are competitive, but sometimes there are exceptions to this rule. Sole-source contracts are a kind of contract that can be issued without a competitive bidding process. This usually happens in situations where only a single business can fulfill the requirements of a contract. CFR#891.7007
Concerning the VA, SDVOSBs, and VOSBs are first and foremost in consideration for contract opportunities.
Summary of the Supreme Court Ruling (Court Ruling)
(at least 3% of prime contract dollars annually)
The Rule of Two requires the VA to set aside procurements for veteran-owned small businesses (VOSBs) or service-disabled veteran-owned small businesses (SDVOSBs) when market research indicates that two or more such entities would submit offers, assuming the award can be made at a fair and reasonable price.
Bertotti, Frank acting as a VOSB Reseller, facilitates the sale of products and services on behalf of the Team or JV partner. Each Federal agency has a directive that dictates what types of set aside contracts have priority status within that agency. Priority is then established within each agency to determine which set aside status gets the most priority and the greatest number of set aside contracts are then assigned to that status.
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