Set-Aside Alert releases in-depth report on U.S. Veteran Small Business Contracting with The U.S. Government
By Alice Lipowicz, editor, Set-Aside Alert
The U.S. government has several programs to encourage federal contracting with small businesses owned by U.S. veterans, primarily service-disabled veterans.
Set-Aside Alert conducted independent research on these programs and is now releasing its in-depth report. See the full report at http://www.setasidealertnews.com.
Here are the major findings of Set-Aside Alert's report:
- Service-disabled veteran small business owners have experienced a sharp rise in federal contracting in recent years.
Federal contract awards to service-disabled veteran-owned small businesses have more than tripled in value in the last eight years, from $3.8 billion in fiscal 2007, to $13.5 billion in fiscal 2014, according to Small Business Administration data. By contrast, small business federal contracting overall only rose 10% in value during the same period.
- Service-disabled veteran small business owners have been awarded the majority of Veterans Affairs Dept. construction contracts in recent years.
For five years in a row, service-disabled veteran-owned small businesses have won VA set-aside contracts for construction valued at 57% to 66% of all VA construction contract spending, according to federal awards data. In fiscal 2014, for example, VA set-asides for construction work by service-disabled veterans totaled $1.36 billion, which was 66% of the VA's construction contract spending of $2.06 billion.
- U.S. veteran small business owners who are not service-disabled have seen a drop in their federal contracting in recent years.
While federal contracting for small firms owned by service-disabled veterans is up sharply, the trend for small firms owned by veterans without service-connected disabilities was downward, decreasing by 22%, from $7.1 billion down to $5.5 billion, from fiscal 2007 to fiscal 2014.
In addition, featured in Set-Aside Alert's report are:
* Top 125 Set-Aside Opportunities for Service-Disabled Veteran-Owned Small Businesses in 2016 and 2017
* Best and Worst States for Federal Contracting for Service-Disabled Veteran-Owned Small Businesses
* Top 20 Federal Agencies for Contracting with Service-Disabled Veteran-Owned Small Businesses
* Top industries for federal set-aside contracts with service-disabled veterans
[Set-Aside Alert previously published the findings of this report on veteran small business federal contracting in a series of articles for Set-Aside Alert subscribers in the fall of 2015.]
To review the series, and for other recent leading stories...click here