### Question
Can you define what small business concern owned and controlled by veterans means?


### Answer
**Small business concern owned and controlled by veterans** is defined as the following in *38 U.S.C. § 8127*:

> a small business concern—


(A)(i) not less than 51 percent of which is owned by one or more veterans or, in the case of a publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans

#### Citation:
  - *38 U.S.C. § 8127*
  - Heading: **PART VI-ACQUISITION AND DISPOSITION OF PROPERTY > CHAPTER 81-ACQUISITION AND OPERATION OF HOSPITAL AND DOMICILIARY FACILITIES; PROCUREMENT AND SUPPLY; ENHANCED-USE LEASES OF REAL PROPERTY > SUBCHAPTER II-PROCUREMENT AND SUPPLY**

