Must SBA be notified when SDVOSB ownership changes?
Yes. An SDVOSB must notify SBA within 30 days of any change that affects its eligibility β including ownership changes, changes in veteran status, growth above the size standard, or structural changes to the business. Failure to notify SBA can result in loss of certification and potential debarment for continuing to represent as an SDVOSB after eligibility is lost. Proactive disclosure is essential.
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