Booz Allen Far Exceeds Subcontracting Goals To Service-Disabled Veteran-Owned and Veteran-Owned Small Businesses
Firm more than doubled the recently established federal goal for subcontracting to service-disabled veteran-owned small businesses.
McLean, Virginia (December 5, 2006) — In government fiscal year 2006, Booz Allen Hamilton, Inc. successfully subcontracted 6.2% to service-disabled veteran-owned small businesses, more than double the recently established federal goal of 3%, and 10.4% to veteran-owned small businesses.
These percentages demonstrate that Booz Allen makes every effort to establish realistic and challenging goals on every subcontracting plan in order to provide meaningful opportunities for small businesses. Veteran-owned and service-disabled veteran-owned subcontractors are no exception. Booz Allen firmly believes that those who have served and protected our country are crucial to our nation’s lasting viability and that they deserve the maximum practicable opportunity to do business with prime contractors and the federal government alike.
Veteran-owned and service-disabled veteran-owned businesses have repeatedly contributed to Booz Allen’s successful client engagements, bringing new ideas, innovations, capabilities and diversity to our clients as well as to Booz Allen. Through relationships with businesses of diverse backgrounds, Booz Allen has increased its competitive advantage, offered more services to clients, improved processes, and has ultimately fulfilled the firm’s promise to help clients succeed.
In order to maintain a competitive advantage, Booz Allen teams with best-in-class large and small businesses to complement our service strategy and to offer clients comprehensive, innovative solutions. Booz Allen is committed to creating a diverse environment that actively fosters respect, inclusion, and opportunity for people and businesses of all backgrounds. Booz Allen’s subcontracting activities are no exception. To emphasize the firm’s dedication to supplier diversity, Booz Allen has a distinct program office which serves as an internal small-business liaison under the auspices of the Small Business Office (SBO).
The SBO is dedicated to promoting companies offering diverse backgrounds on every client engagement, particularly small businesses. Not only is it mandated by the US federal government that prime contractors provide subcontracting opportunities to small businesses, but it is also the right thing to do as a strong corporate citizen. Therefore, policies have been issued from the highest levels of the firm to ensure that Booz Allen involves small businesses of every socioeconomic category, including veteran-owned and service-disabled veteran-owned businesses, to the maximum extent possible.
While Booz Allen does not select subcontractors based solely on socioeconomic category, the firm constantly seeks out companies with diverse backgrounds in addition to complementary service offerings and sound business ethics. For each procurement, Booz Allen reviews and considers its own capabilities in addition to small business goals and capabilities, government contracting requirements, and client knowledge. This approach produces specific, small business subcontracting opportunities tailored to each procurement.
Lynn Livengood, Booz Allen’s Small Business Liaison Officer said, “It’s exciting to see how well Booz Allen has responded to the government by increasing its emphasis on the value of veteran-owned and service-disabled veteran-owned businesses as demonstrated by our fiscal year 2006 subcontracting performance. In government fiscal year 2005, Booz Allen reported 2.5% to SDVOSBs. We nearly tripled those dollars in government fiscal year 2006, which is a clear indication of our commitment to the small business community.”
“As a new start up service-disabled veteran-owned small business, Booz Allen has been an invaluable corporate partner that has taken the extra effort to work with a SDVOSB.” Kevin N. Jennings, CEO/President, Millennium Corporation.
“Booz Allen has been a tremendous resource in standing up and operating a service-disabled veteran-owned small business. MBK Consultants, Inc. would not be in business today if it were not for Booz Allen Hamilton and the firm’s tremendous small business advocacy.” Bruce Mathers, President, MBK Consultants, Inc.
Companies interested in doing business with Booz Allen should visit http://doingbusiness.bah.com for more information.
