EPISODE · Jan 23, 2024 · 10 MIN
E12: Unlocking Small Business Opportunities with SB DVBE Contract Option in Gov Tech Today
from Gov Tech Today · host Russell Lowery
In this episode of Gov Tech Today, hosts Jennifer Saha and Russell Lowery discuss the SB DBVE option, a State-contracted vehicle designed to streamline the execution of small contracts under $250,000 with small businesses and disabled veteran businesses. It is deemed a 'secret weapon' for entities seeking to do business with the state, due to its flexibility, cost-effectiveness, and its ability to be executed quickly. Furthermore, this contract option helps the state in reaching business diversity goals. The hosts encourage small businesses and DVBEs to seize this opportunity and suggest that an inflation-adjusted increase in the cap will allow more small business participation. The certification process is managed by the Department of General Services, and the hosts recommend potential contractors investigate and establish a good fit with a state department before pursuing any opportunities. 00:06 Introduction to the Episode00:14 Recap of Previous Episode and Introduction to New Topic01:00 Exploring the SB DBBE Option for Small Businesses01:38 Comparing SB DBBE Option with Traditional Bidding02:40 Advantages of SB DBBE Option for Small Businesses02:52 Rationale Behind the Development of SB DBBE Option05:27 How to Suggest SB DBBE as a Contracting Vehicle06:44 Types of Contracts Suitable for SB DBBE Option07:43 Steps to Engage with the Opportunity as a Small Business08:40 How to Approach Agencies and Do Your Homework09:37 Conclusion and Call to Action for Policymakers
What this episode covers
In this episode of Gov Tech Today, hosts Jennifer Saha and Russell Lowery discuss the SB DBVE option, a State-contracted vehicle designed to streamline the execution of small contracts under $250,000 with small businesses and disabled veteran businesses. It is deemed a 'secret weapon' for entities seeking to do business with the state, due to its flexibility, cost-effectiveness, and its ability to be executed quickly. Furthermore, this contract option helps the state in reaching business diversity goals. The hosts encourage small businesses and DVBEs to seize this opportunity and suggest that an inflation-adjusted increase in the cap will allow more small business participation. The certification process is managed by the Department of General Services, and the hosts recommend potential contractors investigate and establish a good fit with a state department before pursuing any opportunities.
NOW PLAYING
E12: Unlocking Small Business Opportunities with SB DVBE Contract Option in Gov Tech Today
No transcript for this episode yet
Similar Episodes
Feb 1, 2025 ·168m
Aug 7, 2024 ·58m