NuCrest Obtains SDVOSB Verification
NuCrest, LLC (NuCrest) has been officially verified as a Service-Disabled Veteran-Owned Small Business (SDVOSB) by the U.S. Department of Veterans Affairs (VA), the Center for Veterans Enterprise (CVE) in Washington DC. The company has been added to the verified veteran business database at www.VetBiz.gov and is now eligible to participate in the "Veterans First Contracting Program" with VA.
The United States Department of Veteran affairs (VA) is a body tasked with caring for our Veteran’s Benefits and Health Care. To acquire a Service-Disabled Veteran-Owned Small Business/Center for Veterans Enterprise (SDVOSB CVE) verification means that an organization has undergone the required in-depth assessment. The verification process involves multiple stages: Initiation, Examination, Evaluation, Determination, Reconsideration, and Final Determination. The goal of the CVE is to establish a strong veterans' movement by branding the company's status as a verified service-disabled veteran-owned small business, helping to better position the company for set-aside projects and non-competitive contracting opportunities under Public Law 109-461 that provides the Department of Veterans Affairs with unique buying authority. This verification gives SDVOSBs and veteran-owned small businesses (VOSBs) first and second priority, respectively, in satisfying VA’s acquisition requirements. It allows sole-source contracts over the Simplified Acquisition Procedures Threshold up to $5,000,000 (including options). It implements restricted competition via set-aside procedures for each category and allows additional credit evaluation factors for SDVOSB or VOSB status.
The program, based on Public Law 109‐461, went into effect on June 20, 2007, authorizing a unique “Veterans First” approach specific to the Department of Veterans Affairs (VA) contracting. The legislation:
Redefines priorities for contracting preferences within VA, placing Service‐Disabled Veteran‐Owned Small Businesses (SDVOSBs) and Veteran‐Owned Small Businesses (VOSBs) first and second, respectively, in satisfying VA’s acquisition requirements;
Allows sole source contracts over the Simplified Acquisition Threshold up to $5,000,000 (including options);
Implements restricted competition via Set‐Aside Procedures for each category of SDVOSBs and VOSBs;
Allows additional credit evaluation factors for SDVOSB or VOSB status;
Authorizes large VA prime contractors to obtain subcontracting credit for SDVOSBs
and VOSBs only when they subcontract with verified firms in the Vendor Information Pages (VIP).
Asked about why this qualification was important, Michael Adams, the President/CEO of NuCrest and a 20-year Air Force Veteran had this to say, “We are a company that are committed to those who have served and continue to serve…it is a symbol of the commitment we have for our Nation’s Heroes but more importantly, represents the commitment the government has to us as disabled Veterans.”