What does SDVOSB stand for?

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Study for the ACG Certified Commissioning Authority (CxA) Exam. Prepare with flashcards and multiple choice questions, each comes with hints and explanations. Ace your exam!

Multiple Choice

What does SDVOSB stand for?

Explanation:
SDVOSB stands for Service Disabled Veteran Owned Small Business. This designation flags a small business in which one or more service-connected disabled veterans own and control at least 51% of the company, and the business meets SBA size standards. The disability must be connected to military service, as recognized by the VA or DoD, and this status provides access to specific federal contracting opportunities and preferences. The other options don’t fit because they alter the meaning (for example, “Small Disadvantaged” implies a different program) or refer to unrelated concepts.

SDVOSB stands for Service Disabled Veteran Owned Small Business. This designation flags a small business in which one or more service-connected disabled veterans own and control at least 51% of the company, and the business meets SBA size standards. The disability must be connected to military service, as recognized by the VA or DoD, and this status provides access to specific federal contracting opportunities and preferences. The other options don’t fit because they alter the meaning (for example, “Small Disadvantaged” implies a different program) or refer to unrelated concepts.

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