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"We project that VA awarded ineligible businesses at least 1,400 VOSB and SDVOSB contracts valued at $500 million annually and that it will award about $2.5 billion in VOSB and SDVOSB contracts to ineligible businesses over the next 5 years if it does not strengthen oversight and verification procedures."
"Although VA reported awarding 23 and 20 percent of its total procurement dollars, respectively, to VOSBs and SDVOSBs in FY 2010, we projected that these figures were overstated by 3 to 17 percent because of awards made to ineligible businesses."
"OSDBU’s ineffective oversight of CVE contributed to the significant number of ineligible businesses that received VOSB and SDVOSB contracts. OSDBU did not ensure CVE had adequate VOSB and SDVOSB verification processes and that it adequately maintained the VetBiz VIP database."
The American Small Business Coalition, LLC PO Box 2786 Columbia MD 21045