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87 FR 73412, Nov. 29, 2022, unless otherwise noted.
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(a) Any Participant seeking to remain certified must recertify its eligibility every 3 years. There is no limitation on the number of times a business may recertify. Participants may recertify within 90 calendar days prior to the termination of their eligibility period. If a concern fails to recertify, SBA will decertify the concern at the end of its eligibility period. However, if a concern is able to recertify its eligibility within 30 days of the end of its eligibility period, SBA will reinstate the concern as a certified VOSB or SDVOSB.
(b) The Participant must maintain its eligibility during its participation in the program and must inform SBA of any changes that may affect its eligibility within 30 calendar days in accordance with § 128.307.
(c) The Participant must respond to any program examination initiated by SBA to remain a certified VOSB or SDVOSB.
(d) At the discretion of the Administrator (or designee), a Participant's eligibility period may be extended by a period of up to one year.
[87 FR 73412, Nov. 29, 2022, as amended at 89 FR 102509, Dec. 17, 2024]