Representation of Small Businesses, Small Disadvantaged Businesses (SDBS), Women-Owned Small Businesses (WOSBS), Service Disabled Veteran-Owned Small Businesses (SDVOSBS)
Small business owners who are looking to take the next step in their company’s development may turn to the opportunities presented by government contracts. However, in relation to private-sector contracts, there are key differences in the procurement and handling of government-awarded contracts. Furthermore certain small businesses owned and controlled by one or more disadvantaged owners, women owners, or service-disabled veterans can be granted special opportunities. However, businesses must certify themselves as meeting the requirements for each of these classifications before the company can benefit.
The attorneys of Meredith & Narine are experienced and dedicated to helping small business owners develop their government contracting business. Whether you are a disadvantaged small business, a women-owned small business, or a service disabled veteran-owned business our legal team can help.
What Businesses Qualify as a Small Disadvantaged Businesses (SDBs)?
Small Disadvantaged Businesses (SDBs) can receive certain benefits by establishing its status as such. Since 2008, SDBs have been permitted to self-certify that they qualify provided that:
- The business is considered small for its industry.
- The person or person claiming disadvantage must be disadvantaged in a social or economic sense.
- The business must be owned (51 percent or greater) and controlled by at least one disadvantaged person.
Businesses that self-certify may also become eligible for an array of other benefits provided by the Small Business Administration (SBA) to SDBs. These programs include the 8(a) Business Development Program, HUBZone Program, the Woman-Owned Small Business Federal Contract Program, and the Service-Disabled Veteran-Owned Small Business Concern Procurement Program.
What Businesses Qualify as a Women- Owned Small Businesses (WOSBs)
The U.S. government has recognized the Woman-Owned Small Business (WOSBs) as a type of business that the government should support and foster. As such, the Woman-Owned Small Business Federal Contracting Program permits a contracting officer discretion regarding the award of certain contracts. Through the program the officer may designate or set aside certain federal contracts for
- Economically Disadvantaged Women-Owned Small Businesses (EDWOSBs)
For a business to be considered under these criteria, it must be controlled by one or more female owner and run by one or more female manager. Each of the individuals must be a U.S. citizen. For purposes of government contracting procurement, “controls” means the business is, at least, 51 percent owned or controlled by women.
Furthermore, the firm or business must be considered “small.” What is considered “small” in one industry may not be considered as such in another industry. To determine whether the business qualifies as small in its industry, interested parties should consult the Small Business Administration’s sizer standards for that particular industry. If the business wishes to qualify as a small disadvantaged business it must show appropriate and sufficient levels of economic disadvantage. Aside from the agency itself, the SBA has authorized four third-party organizations to serves as certifiers for the WOSB Program. However, WOSBs and EDWOSBs are also permitted to self-certify by using the SBA’s General Login System (GLS).
What Businesses Qualify as a Service Disabled Veteran-Owned Small Businesses (SDVOSBs)
Similar to the programs already discussed above, there can also be significant advantages in having one’s small business recognized as being Service Disabled Veteran-Owned. For instance, under the veterans Entrepreneurship & Small Business Development Act of 1999 set a government-wide goal that a minimum of 3 percent of the total value of all prime and subcontracting awards will go to businesses owned and controlled by service-disabled veterans. Additionally the Veterans Benefit Act of 2003 established a procurement program that allows contracting officers to set aside certain contracts for SDVOSBs.
Rely on A Government Contracts Attorney at Meredith & Narine
If your small business is looking to take the next step and develop or expand its government contracting process, the dedicated government contract attorneys of Meredith & Narine can help. Whether you are a disadvantaged small business, a women-owned small business, or a service disabled veteran-owned business our legal team works to assess your situation and develops a strategy likely to achieve your goals. We can help with establishing disadvantaged business status or with the procurement of government contracts thereafter. To schedule a private legal consultation with experienced government contracting attorneys call 215-995-2769 or contact us online today.