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Office of Small & Disadvantaged Business Utilization

 

Vets First Verification Program

Verification Metrics Update

An update on the current state of the Center for Verification and Evaluation (CVE) Vets First Verification Program.

OVERVIEW

To provide transparency on the verification program, the metrics represent data on the current CVE Vets First Verification Program. Included is information on verified firms, application inventory, and processing rate of applications. This information will be updated weekly and is intended to inform, educate, and provide relevant information on the verification program.

As of March 11, 2019:

Current Status

Verified Firms 
SDVOSB 10,538
VOSB 3,578
Total 14,116


Applications in Inventory: CVE Applications (Currently in process) 
Initial 1,583
Reverifications 681
Change Request 88
Total 2,352

Over 60 application days - 32: Application days start when the Veteran creates an application minus anytime CVE is waiting for the Veteran to submit the application or respond to CVE.



Production

Applications Created: Begins when the Veteran starts an application 
Fiscal YTD 6,049



Applications Receiving Verification Fiscal YTD 
Approval 1,978
Denial 41
Removed (All dormant cases over 30 days) 3,607
Applications Completed: Any application that receives an Approval, Denial, or Removal. 5,626



Applications Receiving Withdrawl 
Fiscal YTD 354



Change Requests Completed 
Fiscal YTD 495



Average Time to Determination 
Approval 65
Denial 41

Average Time To Determination: (The time from when an application was first created and receives an approval or a denial; time does not include the time an application was removed.) This is also for the current month.

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For advice on potential procurement opportunities in your area, contact your local VA Small Business Liaison