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56: Veteran-Owned Small Business Certification Changes and Contracting Implications
The Department of Veterans Affairs has stopped accepting applications for the certification or re-verification of veteran-owned small businesses, effective October 24, 2022. Starting on January 1, 2023, the Small Business Administration (SBA) will take over all verification processes.
Firms that are already verified do not need to take any action except for Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) and VOSBs, whose verification expires before the transfer date. They must have applied for re-verification later than October 24, 2022.
Self-certified firms must apply through the SBA to maintain their status as veteran-owned small businesses or service-disabled veteran-owned small businesses. Tracking solicitations on SAM shows that most pre-solicitations that meet a socioeconomic designation are falling under the category of veteran-owned small businesses. Tune in to this episode to learn more!
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By Govcon Giants NetworkThe Department of Veterans Affairs has stopped accepting applications for the certification or re-verification of veteran-owned small businesses, effective October 24, 2022. Starting on January 1, 2023, the Small Business Administration (SBA) will take over all verification processes.
Firms that are already verified do not need to take any action except for Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) and VOSBs, whose verification expires before the transfer date. They must have applied for re-verification later than October 24, 2022.
Self-certified firms must apply through the SBA to maintain their status as veteran-owned small businesses or service-disabled veteran-owned small businesses. Tracking solicitations on SAM shows that most pre-solicitations that meet a socioeconomic designation are falling under the category of veteran-owned small businesses. Tune in to this episode to learn more!