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New Kentucky law helps SDVOBs land state contracts

Published on 04/12/2017

Kentucky Governor Matt Bevin has signed into law House Bill 161, which will help promote service-disabled veteran-owned business (SDVOB) participation on contracts awarded by executive branch agencies.

Under the measure, these agencies will be required to solicit at least one quote from a certified SDVOB for contracts valued between $1,000 and $20,000. Moreover, the agencies are required to document their efforts to notify of SDVOBs of eligible contracting opportunities.

The new law comes nearly a year after the State of Kentucky launched its service-disabled veteran business program. Through the initiative, the Kentucky Finance and Administration Cabinet certifies companies service-disabled status.

For more information about Kentucky's SDVOB program, visit vetbiz.ky.gov.

To read House Bill 161, visit http://www.lrc.ky.gov/recorddocuments/bill/17RS/HB161/bill.pdf.

 



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