Contracting departments of businesses need to be aware of the requirements that VOBs must fulfill, in addition to the numerous benefits that working with VOBs provides. In fact, VOBs and SDVOBs are increasingly being sought after by corporations that are seeking supplier diversity. As a result, there are currently 2.5 million VOBs in the country, and they generate more than $1 trillion in sales per year.
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The VOBRT supports the Vets First Verification Program. The program offers Verified firms owned and controlled by Veterans and Service-disabled Veterans the opportunity to compete for set asides by the Veteran Administration and other government agencies.