Business Owners – Increase Government and Regulated Companies and Utilities Business
Ten (10) Ways We Can Increase Your Government and Regulated Companies and Utilities Business
These ten (10) targeted bid advantages allow Stay Safe Solutions to help you increase your sales, revenue and profits in these significant marketplaces:
- Veterans First Advantage
Public Law 109-461 elevates SDVOSB’s to the top of the list for U.S. Department of Veterans Affairs’ (VA) procurement opportunities. This law also provides additional, competitive set-asides, improves sub-contracting partnerships, and allows sole sourcing up to $5 million dollars per contract. Micro-purchases (current $10,000 threshold) are also now subject to VETS First and the rule of Two. This prioritizes an additional 5 billion in annual procurements for SDVOSB.
- $3 Million Sole Source Advantage
Public Law 108-183 provides Service-Disabled Veteran-Owned Small Businesses (SDVOSB’s) with sole source opportunities up to $3 million per contract.
- $7.5 Billion Set-aside Advantage
Public Law 108-183 creates a set-aside provision for SDVOSB’s in federal contracting. Every federal agency must attempt to set-aside at least 3 percent of their annual contract awards to Service-Disabled Veteran-Owned Small Businesses. California law also mandates that State agencies award at least 3% of their contract awards to certified Disabled Veteran Business Enterprises (DVBEs). California regulated companies and utilities also have a legislated goal of 3% (currently 1.5%) for certified California DVBEs.
- Targeted Bid Advantage
California’s Proposition 209 ended all preferential public contracting incentives on the basis of race, sex, color, ethnicity or national origin. As a result, service-disabled veterans and small businesses are the only groups that currently receive targeted opportunities for California’s annual contract awards. In addition, most state agencies include a disabled veteran component in their bids exceeding $10,000 in order to meet their 3% legislated goal. For much of our product line, we are the only certified DVBE in California. As our supplier, you will benefit from that exclusivity.
- 5% Bid Advantage
California law (AB 1084) provides a 5% bid advantage to Small Businesses. When we bid contracts using your products, our quote will be very competitive and highly successful.
- 10% Stackable Bid Advantage
California Law (SB115) provides a 1%–5% stackable bid advantage to DVBE’s. Many of these opportunities do not contain any incentive caps. Combined with the 5% Small Business Advantage our bids will be very competitive and highly successful.
- Local California Agency Bid Advantage
AB 2762, Chapter 654, statutes of 2018, established special small business and disabled veteran business procurement policies for local agencies in 11 of California’s 58 counties (including Alameda, Contra Costa, Lake, Los Angeles, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma). AB 1533, signed by California Governor Newsom and Chaptered by the Secretary of State on July 1, 2019, expanded procurement preferences to San Joaquin County and increased the value of the existing preferences. Currently the enacted procurement preferences for small business and disabled veteran business participation include construction contracts, the procurement of goods, or the delivery of services. The maximum percentage of preference is 7% of the lowest responsible bidder meeting specifications, and the maximum value is $150,000 for any bid. If the local agency is allowing both the small business and disabled veteran business preference in a single bid, the maximum percentage of combined preferences is 15% of the lowest responsible bidder, and maximum combined financial value of all preferences is $200,000.
- Additional Bid Advantages
California Code of Regulations, Title 2, Subchapter 1896.6, allows a non-small business to claim a 5% small business preference if they commit to subcontract at least 25% of the net bid price with our certified small business company.
- Advocacy/Marketing Advantage
California law (AB 941) requires each state agency and department to appoint a DVBE Advocate to assist each certified DVBE firm in increasing their contract awards. In addition DVBE firms are notified electronically of all state contract opportunities. No cost ads can be placed on these electronic bid notifications advising prime contractors of our ability to provide subcontractor components. Our suppliers benefit from this substantial marketing advantage.
- Prompt Payment Advantage
California’s Prompt Payment Act substantially penalizes State agencies that do not pay certified small businesses within 45 days of receipt of the invoice. There is no exception, even if the State has not passed a Budget Act. California’s Prompt Payment Act ensures that we will be able to pay our suppliers within 45 days or less.