Vetbiz Program Overview
As a federal agency that contracts a significant amount of its budget with Veteran Owned and Service Disabled Veteran Owned Small Businesses, the VA has implemented the Vetbiz application and certification process to thoroughly screen and verify that contractors who compete for these contracting opportunities truly qualify for the certification.
Who Recognizes The Vetbiz Certification?Only the VA recognizes the Veteran Owned Small Business and the Service Disabled Veteran Owned Small Business certification that is issued by the CVE Vetbiz program.
All federal agencies outside of the VA simply accept that a contractor is certified as a Veteran Owned Small Business or Service Disable Veteran Owned Small Business if the company has represented themselves as such in the System For Award Management (SAM).
Vetbiz Certification Benefits
The VA's mission is to give back to Veteran entrepreneurs in return for their service in the military. In this regard, while the Federal Government has no goal established for contracting with Veteran Owned Small Businesses, and only a 3% annual goal for contracting with Service Disabled Veteran Owned Small Business, the VA's has established agressive targets of spending 10% of the agency's annual budget with Service Disabled Veteran Owned Small Businesses, and 20% of the agency's budget with Veteran Owned Small Businesses. Going through the process of being certified through the VA's CVE Vetbiz progam allows firms to be eligible to compete for the opportunities that are set aside by the VA for Veteran Owned and Service Disabled Veteran Owned Small Businesses.
What Documents Are Needed To Apply?Business and/or personal professional, industry, and/or other licenses, permits or accreditations held by Applicant and/or its employees which are required for Applicant to do business.
Resumes of all owners, directors, partners, officers and other key personnel, which include: education and training received; former employers, dates of employment, position titles and responsibilities; present employer, date of hire, position title and responsibilities.
For all owners of a VOSB/SDVOSB that own 33% ownership or greater, to include Sole Proprietors, include IRS personal Federal tax form 1040, U.S. Individual Income Tax Return, with all corresponding W-2s and K-1s as well as the Schedule C that were submitted to the IRS for the past three years.
For S Corporations, Federal tax form 1120S (plus K-1(s)) (S corporations); For C Corporations, Federal tax form 1120, U.S. Corporation Income Tax Return, for the past three years.
Payroll Distribution Ledger Summary and W-2’s (Wage and Tax Statement) for preceding year (Full year) and year to date (Jan to present)
Signature cards authenticated by financial institutions (Banks/Credit Unions/etc.) and approximately 20 cancelled checks from operating account (black out routing number and account number)
Copies of last 5 contracts and proposals
Management and Services agreements, to include Building Lease agreements and negotiated checks or instruments supporting payment of the agreements (Last 3 months’ worth)
Operating Agreement including all amendments
Official Certificate of Formation and Operating Agreement with any amendments
Minutes of first and most recent stockholder and Board of Directors meetings
All corporate bylaws and all amendments
Articles or certificate of incorporation filed with the Secretary of State including all amendments
Stock registers for Applicant or stock ledgers showing listing all shares of issuance.
DD 214 and Letter of Disability (If Applicable)