7VAC13-20-200: Criteria for revocation of certification

The department may revoke the certification of a business that it finds no longer qualifies as a small, women-owned, or minority-owned business. Grounds for revocation of certification may include the following:

1. The organization, structure, management, or control of the certified women-owned or minority-owned business has changed to the extent that it no longer satisfies the requirement of ownership, control, and active management of the business by women or minority individuals.

2. The number of employees or revenues exceeds the requirements for certification of a small business or the small business no longer satisfies the requirements to be independently owned and operated.

3. The business fails to submit the required documentation or to comply with a reasonable request from the department for records or information within the allotted time.

4. The business knowingly provides false or misleading information in support of its initial application or its application for recertification or in response to the department's request for records or information.

5. The business is based in a state that denies like certifications to Virginia-based small, women-owned, or minority-owned businesses or that provides a preference for small, women-owned, or minority-owned businesses that is not available to Virginia-based businesses.

6. Effective July 1, 2017, any out-of-state business applying for recertification in Virginia as a small, women-owned, or minority-owned business must have the equivalent certification in the state in which the business has its principal place of business. An out-of-state business which has its principle place of business in a state that does not have a small, women-owned, or minority-owned business certification program shall be exempt from the requirements of this provision.