Legislation will send six percent of state contracts to service-disabled veteran-owned small businesses
May 13, 2014 – Albany, N.Y. – Governor Andrew Cuomo yesterday fulfilled a key portion of his 2014 agenda: signing legislation that will send six percent of state contracts to service-disabled, veteran-owned small businesses (SDVOSB). The Service Disabled Veteran-Owned Business Act, which is the product of an agreement brokered by Sen. Greg Ball and Assem. Felix Ortiz, will create a Division of Service-Disabled Veterans’ Business Development within the state’s Office of General Services (OGS) to co-ordinate the distribution of select state contracts to SDVOSB’s.
The “Service-Disabled Veteran-Owned Business Act” (S6865/A9135) will open the door for hundreds of small businesses that may have otherwise been shut out of the state contracting process. It is also likely to bring down the chronically high unemployment rate among veterans. The latest figures released by the U.S. Bureau of Labor Statistics show the unemployment rate for New York State veterans now stands at 8.2%, with 33,000 out of work.
“New York State spends billions each year on goods and services. This six percent set-aside will make sure that money stays right here in the empire state, supporting service disabled veterans and encouraging investment in small businesses,” said Tully Rinckey PLLC Managing Partner Greg T. Rinckey, Esq. “It will open up additional opportunities that were previously just out of reach for Tully Rinckey PLLC and other SDVOSB’s like us. Other states, as well as those at the federal level, should take a hard look at what New York State is doing for veterans and small businesses.”
As a statewide SDVOSB, a longstanding member of the National Veteran-Owned Small Business Administration (NaVoba), and an employer that represents every branch of the United States Military among almost 120 employees throughout its six offices, Tully Rinckey PLLC has been actively supporting the enactment of this legislation alongside Sen. Greg Ball. The firm’s founding partner, Mathew B. Tully, Esq., sustained debilitating injuries while serving as an Army combat arms officer in Afghanistan in 2012. He was awarded the Purple Heart for the actions he took that led to his injuries, on what was the fifth deployment of his military career. Greg T. Rinckey, Esq., Tully Rinckey PLLC’s managing partner, also sustained service-connected injuries prior to being honorably discharged from the Army Judge Advocate General’s (JAG) Corps in 2004.
To speak with Greg T. Rinckey Esq. or for more information please contact Brandon Adamczyk at (518) 218-4700 or email@example.com.