SDVOSB Status
As a verified SDVOSB, IRON SWORD is able to compete under the Veteran's First Program through which a percentage of federal procurements are set aside solely for verified SDVOSBs.
These federal procurements run the gamut of the federal agencies, i.e., Department of Veterans Affairs, Department of Defense, Department of Homeland Security, Department of Energy, etc. Federal agencies are required as a matter of public law to set aside a minimum of 3% of their total procurements for SDVOSBs.
In addition to SDVOSB set-asides, by virtue of its verified designation, Iron Sword also is able to compete for Total Small Business set-asides and accordingly has even greater access to the restricted competition represented in this set-aside market.
Additionally, on May 12, 2014, NYS Governor Andrew Cuomo signed the NYS Service-Disabled Veteran-Owned Business Act which creates a state-wide program for certifying and contracting to New York SDVOSBs the minimum of 6% of state procurements--twice the federal requirement.
Related News:
NYS Governor's Office - NYS Service-Disabled Veteran-Owned Business Act