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Office of Small & Disadvantaged Business Utilization

 

Average Verification Processing Time

To provide you with the length of time it will take to process an application and make a determination, read the following information.

The length of time necessary to provide a determination will vary based on:

  • Number of applications in process
  • Complexity of application
  • Whether site visit is necessary

The Center for Verification and Evaluation (CVE) seeks to complete all initial determinations within 60 days of receiving a complete application. Many applicants fail to provide all the required documents with their initial application submission.

CVE cannot initiate an examination until all required documents have been provided. The 60-day examination period does not begin until CVE receives a complete application. CVE will acknowledge receipt of a complete application by email to the address provided in the VetBiz Vendor Information Portal.

Verification Processing Statistics

Updated 04/27/2016

Verification Processing Statistics
ActionMar-16FY 2016
FY 2015
Total Applications 311
2203 4651
Average Processing Time 25 Days 33 Days 41 Days
Approval Percentage 97% 96% 94%
Reverification 65 471
1534
Average Processing Time 28 Days 31 Days 39.5 Days
Approval Percentage 97% 98% 96%

3rd Quarter Denial Reasons

Updated 04/27/2016

3rd Quarter Denial Reasons
Type3rd Quarter
Minimum Documents Required for Examination 17%
Service as Management Member of LLC  38 CFR § 74.4(e) 13%
Highest Compensation 38 CFR 74.4 (g)(3) 13%
Have Managerial Experience  38 CFR § 74.4(b) 13%
Day to Day Operations  38 CFR § 74.4(b) 9%
51% of the Annual Distribution  38 CFR § 74.3(d)(1) 9%
Transfer Restriction  CFR § 74.3(b) 9%
Highest Officer Position  38 CFR § 74.4(g)(3) 9%
Control of Strategic Policy 38 CFR 74.4(e) 4%
Management of Daily Business and Full-time Devotion During Normal Working Hours 38 CFR 74.4(c)(3) 4%

Search VA OSDBU

Can’t find what you’re looking for? Try:

VA OSDBU Help Desk at:
1–866–584–2344

VA Small Business Liaisons
Veterans Information Directory

Connect with Us

  • Mail only:
    810 Vermont Avenue, NW
    Washington, DC 20420
    Toll-free:  1–866–584–2344
    Email:  osdbu@va.gov
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