Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 7. Economic Development |
Agency 13. Department of Small Business and Supplier Diversity |
Chapter 20. Regulations to Govern the Certification of Small, Women-Owned, Andminority-Owned Businesses |
Section 140. Procedures for initial certification of businesses previously certified by other qualifying local, state, private sector, or federal certification...
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A. A business certified by the department under this section shall be certified for a period of up to three years unless:
1. The certification is revoked by the department or the program issuing the original certification;
2. The business is no longer in business; or
3. The business is no longer eligible as a small, women-owned, or minority-owned business.
B. A business certified under this section is responsible for notifying the department of any change in legal structure, ownership, control, management, or status of the business or its certification within 30 calendar days of such change. Failure to do so may be grounds for revocation of certification.
C. It shall be the responsibility of the certified business to notify the department of any change of name, address, or contact information and to keep the department informed of its current address and contact information. Changes of name and address must be reported to the department in writing within 30 calendar days of such change. Failure to do so may be grounds for revocation of certification. The department shall not be liable or responsible if a certified business fails to receive notices, communications, or correspondence based upon the certified business's failure to notify the department of any change of address or to provide correct address and contact information.
Historical Notes
Derived from Volume 32, Issue 25, eff. August 8, 2016.
Statutory Authority
§ 2.2-1606 of the Code of Virginia.