The Service Disabled Veteran-Owned Business Act signed into law by Governor Andrew M. Cuomo on May 12, 2014, allows eligible Veteran business owners to become certified as a New York State Service-Disabled Veteran-Owned Business (SDVOB) in order to increase participation in New York State's contracting opportunities.
Article 17-B of the Executive Law authorizes State agencies to set aside procurements in whole or in part for Service-Disabled Veteran-Owned Businesses (SDVOBs) and sets a Statewide participation goal of 6% for SDVOBs on all contracts for commodities, services, and technology valued over $25,000 and for all construction contracts valued over $100,000.
The Act creates the new Division of Service Disabled Veterans' Business Development (DSDVBD) within the New York State Office of General Services for the establishment of a statewide certification program. The Division will be responsible for certifying eligible SDVOB's, and assist and promote the compliance of SDVOB participation in the state's procurement activities.
