Governor Mike Pence Signs SEA 564 Expanding Veteran Owned Small Business Opportunities In Indiana
Kudos goes out to Indiana Governor Mike Pence for recently signing (starts July 1, 2013) a new Executive Order requiring state to procure “at least” 3% of state contracts with Veteran Owned Businesses!
Governor Mike Pence signed SEA 564 (PDF) on April 25, 2013, expanding veteran-owned small business opportunities in Indiana. The law is effective July 1, 2013
SEA 564 codifies Governor Pence’s Executive Order 13-04, requiring the Indiana Department of Administration (IDOA) to procure at least 3 percent of state contracts with veteran-owned small businesses (VOSBs). It also requires IDOA to adopt rules, develop policies and set forth guidelines regarding contracting opportunities for VOSBs. IDOA must report annually the percentage of state contracts with Hoosier VOSBs. Finally, SEA 564 allows the Indiana Economic Development Corporation to assist in various aspects of the VOSB initiative, including maintaining a list of Indiana VOSBs, assisting VOSBs with bidding procedures and compliance, and simplifying specifications and contract terms to increase opportunities for VOSB participation.
Future updates will be posted to the Veterans’ Affairs, and on the web pages of the following IDOA Divisions: Minority and Women’s Business Enterprises and Procurement. Veteran-owned small businesses should check for updates July 1. In the meantime, please get a head start by becoming an Indiana vendor though the IDOA procurement web site
View a list of Indiana Veteran Owned Businesses and Service Disabled Veteran Owned Businesses.
This Veteran Owned Business Government Public Service Announcement (PSA) was brought to you by Veteran Owned Business. Veteran Owned Business is in no way affiliated with the above organization(s). We do not in any way endorse the above business/organization or guarantee any offers made above. VeteranOwnedBusiness.com and the Veteran Owned Business Directory are simply providing information we feel is of interest to veterans, active duty military, reservists, service disabled veterans, veteran owned businesses, service disabled veteran owned businesses, families of veterans, families of our armed forces and any other person or persons directly or indirectly involved with the United States military.
If your business is (or you know of another business) owned by a veteran (VOB), active duty military, reservist, service disabled veteran (SDVOSB) or military spouse of the United States, Army, Air Force, Marines, Navy, Coast Guard or National Guard, please be sure to visit the VeteranOwnedBusiness.com sign up page to get your free listing.
The objective of our FREE Veteran Owned Business Directory is to continue to offer a growing list of products and services that are unique in the fact that they are all owned by, sold by and/or serviced by past and present military members.