Loading...
Get Consultation
  • <Last Update:
Story Details
news-details
Aspiring 8a

What are the Best Agencies for SDVOSB Firms?

In order to determine which agencies SDVOSB firms perform best with, it’s best to make a comparison of federal agencies’ spending with SDVOSB firms to small business spending overall.

The Veterans Administration hands down provides the greatest percentage of small business sales to SDVOSB firms at 77.2%. Because of the massive preference the VA gives SDVOSB firms, I generally tell SDVOSB clients that they should look at opportunities at the VA first before pursuing all other agencies.

DOJ utilizes SDVOSB firms to the second greatest extent. The DOJ was at 21.8% of small business sales to SDVOSB firms. This could be due to many of the specialized applicable skills ex-military personnel have that are helpful in their agency’s mission.

US Military and Department of State place a high value on utilizing SDVOSB firms. They average between 14-19% of small business sales. Similar to the rationale for DOJ SDVOSB sales, these agencies like working with SDVOSB firms for the specialized skills and knowledge these firms possess.

You can see the breakdown of the other major spending agencies to see where they fall below:

 

 

SDVOSB

Small Business

SDVOSB Market Share

 

2020

2020

 

Department of Defense

12,223,251,457

82,347,950,207

14.8%

-Air Force

2,950,681,217

15,410,183,480

19.1%

-Navy

2,801,150,948

18,117,771,375

15.5%

-Army

3,747,620,711

25,894,137,803

14.5%

       
 

SDVOSB

Small Business

SDVOSB Market Share

Non-DoD Major Spending Agencies

2020

2020

 

Veterans Affairs

7,491,179,235

9,704,635,005

77.2%

DOJ

612,395,195

2,806,563,479

21.8%

Department of State

497,132,497

3,113,586,076

16.0%

Department of Labor

144,440,279

908,113,716

15.9%

DHS

1,185,000,119

7,539,272,820

15.7%

Department of Transportation

278,701,707

2,631,075,716

10.6%

Department of the Interior

256,624,965

2,601,455,231

9.9%

Department of Commerce

245,272,006

2,592,993,901

9.5%

Department of Energy

193,434,056

2,297,495,704

8.4%

Department of the Treasury

221,934,185

3,062,531,549

7.2%

Department of Health and Human Services

757,704,071

11,041,352,430

6.9%

Department of Education

29,569,293

712,817,716

4.1%

Department of Agriculture

248,917,139

6,957,815,216

3.6%


An SDVOSB is a very well-respected Verification within the Federal government. Many SDVOSB firms would gain more agency market access by adding a GSA Schedule or 8(a) Certification with their SDVOSB as well.

The robust growth for SDVOSB firms makes this verification more valuable than ever to holders. If you would like to go over the qualifications for becoming SDVOSB, or how to market an existing SDVOSB, I always recommend contacting an industry expert such as ez8a or Advance 8a. Neither charge a fee for an initial phone consultation.

Comment

Comments submitted, will be published soon.
The 8a Experts