The federal government constantly struggles to achieve its 3 percent procurement goal for service-disabled, veteran-owned small businesses (SDVOSB). And some agencies, such as the Department of Agriculture, have established even higher targets (for example, 5 percent) for SDVOSB engagement. To address these challenging procurement objectives and provide a framework to sell IT solutions, the General Services Administration recently awarded a set-aside contract called the Veterans Technology Services (VETS) Government-Wide Acquisition Contract (GWAC).
The VETS GWAC is a small business set-aside contract for service-disabled veteran-owned small businesses. The result of Executive Order 13360, the contract is designed to strengthen federal contracting opportunities for SDVOSBs. The VETS GWAC is very broad in scope, covering most technology areas, and is available for use government-wide. The contract’s value is $5 billion over a five-year base period, with one five-year renewal option.
VETS GWAC Benefits
Assists agencies in meeting the 3 percent goal for contracting with SDVOSBs
Offers pre-competed, “pre-vetted” companies with strong qualifications
Provides short procurement lead times
Includes training and support from VETS GWAC acquisition team