White House outlines veteran-owned business plan

Agencies have until Feb. 7 to give the White House their plans for how they will use small businesses owned by service-disabled veterans.

Agencies must reserve contracts for this type of business as well as encourage the companies to participate. The plans, which go to the Office of Federal Procurement Policy, also must show how the agencies will encourage other contractors to use these businesses as subcontractors.

In October, President Bush signed an executive order requiring agencies to devise such plans. The Office of Management and Budget recently released a memo outlining what the plans should include.

The White House wants each agency to designate a senior official to oversee strategy and annually report progress to the Small Business Administratiaon.

The goal is for agencies to spend 3 percent of their prime and subcontracting dollars with these businesses.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.