In some circles, the VA CVE application process for SDVOSB/VOSB certification has a reputation as being very cumbersome and time-consuming. But while applying for verification isn’t exactly fun, it doesn’t take an extraordinarily long time for most new applicants to be verified. In fact, according to the VA’s Office of Small and Disadvantaged Business Utilization, the average processing time is a mere 34 days.
In its Fall 2020 newsletter, the VA OSDBU writes that it has processed nearly 15,000 CVE verification applications for SDVOSBs and VOSBs. “The average processing time is 34 days,” the OSDBU writes. Additionally, “the newly-implemented CVE simplified reverification process averages five days.”
Thirty-four days isn’t the blink of an eye, but it’s pretty darn quick for a government socioeconomic application. For example, a recent report by the SBA Office of Inspector General found that 8(a) applications took an average of 138 days in Fiscal Year 2019,” or more than four times as long.
Average means average, so a particular application may take longer, or be processed quicker. But for those considering applying for verification, it’s good to know that you probably won’t be waiting forever.
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The post VA CVE Applications: Average Processing Time is 34 Days first appeared on SmallGovCon – Government Contracts Law Blog.
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