Update from our local PDX SBA office regarding SBA taking over the SDVOSB/VOSB program:
I know there has been a lot of questions and concerns related to the transfer of CVE verification to SBA. Up to this point, we haven’t received any guidance or updates at the District Office level – until today. Here are a few highlight bullet points with respect to the transfer. At this point, this is all the information I have, but I would expect for information to start coming out over the course of the year. I’ll keep you posted with additional updates as I get them.
Current updates:
In order to streamline the verification process with all other small business certification programs, the National Defense Authorization Act (NDAA) of 2021 officially requested that CVE’s responsibilities be transferred to the SBA by January 1, 2023.Scope of CVE Transfer
- VOSBs or SDVOSBs previously verified by the VA, will not lose their status at the time of program transfer.
- Self-certified SDVOSBs will now be required to apply for SBA verification. Starting January 1, 2023, there will be a one-year grace period to apply with the SBA.
- During the grace period, the company can continue to use its self-certification for non-VA contracts until an SBA determination is made.
Next Steps
- There is no immediate action required for veteran small business owners at this time.
- The VA and the SBA are committed to being transparent and providing a seamless transition with minimal impact to veteran small business participants.
- Both agencies will keep all stakeholders, including VOSBs and SDVOSBs, updated on the new CVE processes.
- Regular briefings will be provided to VA and SBA leadership throughout the transition process.
- Additional guidance for self-certified SDVOSBs will be provided.
Thanks!
Joe Smetak
Business Opportunity Specialist
Portland District Office
U.S. Small Business Administration
Office: (503) 326-6692
Mobile: (503) 484-0866
Joseph.smetak@sba.gov