Service-Disabled Veteran-Owned Small Business Concern

From Knowledge base

Service-disabled veteran-owned small business concern”—

(1) Means a small business concern—

  • (i) Not less than 51 percent of which is owned by one or more service-disabled veterans or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more service-disabled veterans; and
  • (ii) The management and daily business operations of which are controlled by one or more service-disabled veterans or, in the case of a service-disabled veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran.

(2) Service-disabled veteran means a veteran, as defined in 38 U.S.C. 101(2), with a disability that is service-connected, as defined in 38 U.S.C. 101(16).

“Servicing agency” means the agency that will conduct an assisted acquisition on behalf of the requesting agency.[1][2]

“Shall” means the imperative.

A small business concern owned and controlled by service-disabled veterans as defined in Section 8(d)(3) of the Small Business Act (15 U.S.C. 637(d)(3)).

Related Pages

See FAR 52.219-8 Utilization of Small Business Concerns

References and Notes

  1. FAR 2.1
  2. FAR 52.219-8 Utilization of Small Business Concerns

Appendix I to 48 CFR Chapter 2 implements the Pilot Mentor-Protege Program (hereafter referred to as the “Program”) established under Section 831 of Pub. L. 101-510, the National Defense Authorization Act for Fiscal Year 1991 (10 U.S.C. 2302 note).