WASHINGTON, D.C. (PRWEB) September 11, 2012
The Disabled Veterans National Foundation is joining other veteran groups in lobbying for passage of legislation that would ease restrictions on disabled veteran business owners who are competing for contract work from the Veterans Affairs Department.
The VA requires disabled veterans to own 100% of their business, preventing many majority owners – those who have 51 percent to 99 percent ownership – from qualifying for contracts in the VA’s set-aside program. Some lawmakers and veterans groups believe the rule prevents some qualified veterans from receiving contracts.
The existing regulations are “driving people out of business who are legitimate," according to Ohio Congressman Bill Johnson, of the Veterans Affairs Subcommittee on Oversight and Investigations, who is crafting the legislation. The bill also has been endorsed by Vietnam Veterans of America, according to Veterans Affairs News.
The VA started requiring 100 percent ownership as a way to prevent ineligible companies from fraudulently winning government contracts that are reserved for business owners who are disabled veterans.
“However, the end result is that many disabled veterans who are the majority owners in their companies are being overlooked or turned away simply because they don’t match that 100 percent criteria,” said Raegen Rivers, Chief Adminsitrative Officer of the DVNF. “We applaud and support all veterans who own a businesses, and we will do whatever we can to help them succeed. Being able to win contracts from the VA for which they are qualified is a great opportunity and contributes to their success.”
The VA is the only federal agency required by law to verify the status of service-disabled veteran-owned businesses. The department conducts audits of businesses through its Center for Veterans Enterprise (CVE).
About Disabled Veterans National Foundation: The Disabled Veterans National Foundation exists to change the lives of men and women who came home wounded or sick after serving our country. A nonprofit 501c3, DVNF was founded in the fall of 2007 by six women veterans to provide disabled men and women of the military with help obtaining housing, medical care, counseling and meaningful jobs. For more information, visit http://www.dvnf.org.