Federal and State Contractors are required by law to engage Service Disabled Veteran Enterprise (SDVE) and Minority Business Enterprise (MBE) to meet “set-aside” supplier and vendor requirements. Which means a portion of any contract must be “set aside” for small or disadvantaged businesses.
There is an established annual contracting goal as a percentage of the contracts to be issued by US Government agencies; most agencies have not met these goals.
Companies doing business with State, County/District and Federal Government entities need to meet diversity requirements in order to be permitted to bid on various government contracting business opportunities.
Major corporations have implemented supplier diversity programs. These Corporations are looking for cost effective solutions to qualify and comply with federal diversity requirements.
Each VCC Client benefits from supporting our returning veterans and meeting diversity supplier requirements and targets.