Why Partner With Us

We offer customized solutions and leverage to help meet your DVBE and SDVOSB requirements.

What is an SDVOSB?

A Service-Disabled Veteran Owned Small Business (SDVOSB) is a small business that is 51% unconditionally owned and controlled by a service disabled Veteran. Service-Disabled Veteran-Owned Small Businesses (SDVOSB) like Versatile Consulting LTD are a part of a federal set-aside category that make them a priority distributor to government agencies. By law, government agencies must attribute a certain percentage of their purchasing from federal set-asides. Agencies are also incentivized to buy from set-asides by a rating system.

In short, partnering with an SDVOSB:

SDVOSB’s are part of a federal set-side category for government agencies/contracts. This is due to the Executive Order 13360 that was issued by President Bush in October of 2004. The executive order was issued to strengthen/increase opportunities in federal contracting and subcontracting for Service-Disabled Veteran Owned Businesses. This was followed by Public Law 106-50 which states that federal agencies must award 3% of their contracts to SDVOSBs.

Benefits for the state of California

Inclusion in the state’s goal to spend 25 percent of all contract dollars with Small Businesses and 3 percent with DVBEs
Eligible for a 5 percent bid preference for Small Businesses on applicable state solicitations
Eligible for up to a 5 percent incentive for DVBEs on applicable state solicitations
Access contract opportunities exclusively available to certified businesses
Leverage the benefits included in the Prompt Payment Act
Leverage your certification with other California government entities – Reciprocity Partners
Prime contractors get the benefits of your certification when they subcontract with your business

Versatile Consulting LTD is certified by the State of California as a Disabled Veteran Business Enterprise (DVBE) and a Small Business Enterprise (SBE). These certifications run concurrent and count towards both DVBE and SMALL BUSINESS participation requirements.

DVBE certification entitles the certified business to participate in the State’s DVBE Participation Program, which establishes a goal of at least 3% of total overall annual State contracting dollars to be awarded to DVBE’s. Comparatively, SBs participation goal is set at 25%. SB certification also entitles the certified business to a five percent (5%) bid preference on applicable State contracts and procurements.

Benefits Of Partnering With Federal Set-aside

Contracts

Sole source contracts with no competition, and reduced administrative and contracting time for faster awards

Bids

Stackable and targeted bids are allowed

Exposure

Expands your exposure to additional sources of revenue

Incentives

Corporate tax incentives reduce tax liabilities for companies partnering with SDVOSBs, which supply labor or services to a project funded with federal or state grants or loans