H.R. 865: Service-Disabled Veteran Opportunities in Small Business Act

This bill, titled the Service-Disabled Veteran Opportunities in Small Business Act, aims to support small businesses that are owned and controlled by service-disabled veterans by enhancing their opportunities to win federal contracts. Here are the main features of the legislation:

Training Requirements

The bill mandates the following:

• The Administrator of the Small Business Administration (SBA), in collaboration with the Office of Veterans Business Development, must provide training to staff at federal agencies that have not met established contracting goals for service-disabled veteran-owned small businesses.

Goals and Guidance

Within 180 days after the law takes effect, the Administrator must create and distribute guidance to federal agencies. This guidance will include:

• Best practices on increasing the number of federal contracts awarded to small businesses owned by service-disabled veterans.

Reporting Requirements

Additionally, the bill requires the Administrator to submit an annual report to Congress that includes:

• A list of federal agencies that did not meet the contracting goals for service-disabled veteran-owned small businesses.
• The number of training sessions conducted for those agencies, and
• An overview of what content was covered in the training sessions.

Overall Purpose

The overarching goal of this bill is to improve the accessibility and success rate of federal contracts awarded to small businesses owned by service-disabled veterans, thereby fostering their growth and inclusion in federal procurement processes.

Relevant Companies

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