Colorful Dots, LLC is a Service Disabled Veteran Owned Small Business (SDVOSB) company that works with the Federal Government.
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The United States Government sets aside contract benefits for companies considered to be "Service-Disabled Veteran-Owned Small Business" (SDVOSB). The most notable of these contracts are the Veterans Government-wide Acquisition Contracts (VETS-GWAC) issued in accordance with Executive Order 13360, which is designed to strengthen federal contracting opportunities for SDVO firms. The current VETS contract (VETS 2) runs from 23 February 2018 to 22 February 2028. This program has a ceiling of $5 billion. While this money is set aside by the Office of Federal Procurement it is up to the government agencies to provide the contracts, mainly the United States Department of Defense (DoD).
A business hoping to be considered "Service-Disabled Veteran" must be at least 51% owned by an individual who is considered, by the government, a Service-Disabled Veteran, or for a publicly quoted business at least 51% of the stock is owned by one or more service-disabled veterans and the management and daily business operations are controlled by one or more service-disabled veterans.
The terms "veteran" and "service-disabled veteran" are defined in 38 U.S.C 101(2) and (16). The following definitions are as stated in that code:
Veteran: The term veteran means "a person who served in the active military, naval, or air service, and who was discharged or released under conditions other than dishonorable".
Service Disabled: With respect to disability, that such disability was incurred or aggravated in line of duty in the active military, naval, or air service. An injury or disease incurred during military service will be deemed to have been incurred in the line of duty unless the disability was caused by the veteran’s own misconduct or abuse of alcohol or other drugs, or was incurred while absent without permission or while confined by military or civilian authorities for serious crimes. Such disability does not require a minimum rating to be considered. A veteran with a 0 to 100% disability rating is eligible to self-represent as a Service-Disabled Veteran for Federal contracting purposes.
Security funds of deposit in the scheduled amount of $12,000.00 are required under Sec.8.1487, revised 2007, to ensure compliance of awarded contracts and supplies, thereof, for twelve consecutive months upon classification and submission for registration under this program. This is in compliance with (15 U.S.C 644(g)) for program institution to the SDVOSB and authorized Veteran Applicant. Upon satisfactory performance of awarded contracts, services and or supply facilitation by the SDVOSB, subject depository funds will be issued back to the performing SDVOSB at the end of the 12-month calendar performance period at 0% interest in favor of the U.S Government.
Below is our company details that are often requested and required for Government Contracting
System For Award Management (SAM)
Dun & Bradstreet (DUNS)
Commercial and Government Entity Program (CAGE)
Standard Industrial Classification (SIC)
North American Industry Classification System (NAICS)
NYS Vendor ID
Colorful Dots, LLC is a Subcontracting SDVOB on the following contracts