DVBE & SDVOSB Overview
The Disabled Veteran Business Enterprise (DVBE) program was created to honor the service and sacrifices of California’s disabled veterans in a meaningful and impactful way. In partnership with federal initiatives, the program provides unique opportunities and competitive advantages to DVBEs and Service-Disabled Veteran-Owned Small Businesses (SDVOSBs). Additionally, businesses that strategically partner with a certified DVBE or SDVOSB can also benefit from a wide range of incentives, fostering mutually rewarding collaborations.
Beyond meeting compliance standards, engaging with the DVBE or SDVOSB program also contributes to strengthening local communities and empowering veterans to thrive in the business sector. By supporting veteran-owned enterprises, companies play a vital role in creating job opportunities, fostering economic growth, and recognizing the invaluable skills and leadership that veterans bring to the table. This collective effort not only drives business success but also reinforces a culture of gratitude and respect for those who have served our country.
Partnering with Anchorpoint to fulfill your DVBE or SDVOSB requirements means working with a company built on the principles and values of a proud United States Navy Veteran. With a deep-rooted commitment to excellence and a legacy of selfless service to our nation, Anchorpoint delivers unwavering dedication to your success.
DVBE | SDVOSB Participation Opportunities
Explore Pre-Bid Opportunities
DIRECT PROCUREMENT:
Whether you're a self-perform contractor or rely on subcontractors, Anchorpoint is your trusted supplier. We ensure prompt material delivery, helping contractors distribute them efficiently. Anchorpoint offers a wide range of high-quality materials to meet the unique demands of any project. From essentials to specialized components, our extensive trusted vendor partner list saves time and simplifies procurement. With our focus on quality and availability, you can confidently handle projects of any size or complexity.
PROCUREMENT THROUGH SUBCONTRACTORS:
Materials often account for about one-third of construction costs. Choosing the lowest qualified subcontractor bid and sourcing materials through Anchorpoint lets you fulfill DVBE or SDVOSB requirements solely via procurement. Anchorpoint ensures cost savings, compliance, and efficient logistics, delivering materials on time and in excellent condition. Our dependable supply chain minimizes delays, prevents downtime, and keeps your project on track, efficiently and within budget.
Explore Post-Bid Opportunities
Fullfill Preference Point Commitments Before Time Runs Out:
Should your subcontractors neither qualify as DVBEs nor SDVOSBs, and their original bids fail to incorporate considerations for DVBE or SDVOSB suppliers, there exists a considerable risk of non-compliance with preferential point requirements. Such a lapse may lead to an adverse performance evaluation by the project owner, thereby jeopardizing the potential for future partnership opportunities with their organization.
Let Anchorpoint Help You Meet Your Preference Point Goals:
Anchorpoint provides comprehensive support to help you surpass expectations in meeting your DVBE or SDVOSB obligations, ensuring you secure an exceptional rating during your final project evaluation. By facilitating the procurement of construction materials for your subcontractors through Supply Patriot, you can seamlessly fulfill preferential point requirements for DVBE and SDVOSB participation, all while enabling your subcontractors to retain their original profit margins – a mutually beneficial solution for all parties involved.
Our Advantages Explained
Set Asides
Leveraging the DVBE program creates competitive advantages, opens doors to exclusive contracts, and showcases social responsibility. Partnering through this program helps meet state requirements while building strong relationships with reliable veteran-owned businesses. Whether fulfilling procurement goals, enhancing your reputation, or supporting a meaningful cause, the DVBE Set Aside program is a win-win for everyone involved.
Bidding
California law grants Disabled Veteran Business Entities a stackable bid advantage of 1-5%, giving contractors a competitive edge. By partnering with Anchorpoint, you can position your bids for success and significantly increase your chances of securing government agency contracts. Our team is here to support you every step of the way—from managing essential documentation to simplifying complex application processes.
Market Intelligence
The state retains the services of Disabled Veteran Advocates to systematically notify certified Disabled Veteran Business Enterprises (DVBEs) regarding all state contracting opportunities. Through a strategic collaboration with Anchorpoint, contractors are positioned to secure a competitive advantage, ensuring they remain well-prepared during pre-bid processes.
Financial Stability
Anchorpoint partners are eligible to benefit from the provisions of the Prompt Payment Act, which mandates prompt financial reimbursement for all Disabled Veteran Business Enterprises (DVBEs). Under this legislation, state agencies are obligated to process payments within 45 days of receiving a valid invoice. This program serves as a crucial support mechanism for contractors, facilitating the maintenance of stable and reliable cash flow.
Ready to build excellence together?
Contact us today to discuss your construction needs and how we can help you achieve your project goals.