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<regulation prefix="Regulation" num=".12" citation="COMAR 21.11.14.12" title_num="21" subtitle_num="11" chapter_num="14" heading="Certification Procedures.">
  <paragraph num="A.">
    <text>General.</text>
    <paragraph num="(1)">
      <text>The certification agency is designated to certify, recertify, and decertify VSBEs.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>A procurement agency may not permit a vendor to participate in a procurement as a veteran-owned vendor unless it is identified as a certified VSBE in the Database.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Vendor Registration.</text>
    <paragraph num="(1)">
      <text>A veteran vendor seeking to be recognized as a certified VSBE shall register as a vendor in the State’s Internet-based electronic procurement system.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>A registered vendor shall submit veteran verification and complete the VSBE Program application in the State’s Internet-based electronic procurement system.</text>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>Information Which May Be Requested. The certification agency may request the following information to assist in any certification, recertification, decertification, or participation determination. Failure to furnish the requested information within a reasonable time as specified in writing may result in an administrative closing of an application, a denial of certification or recertification, or a determination to decertify. The information consists of:</text>
    <paragraph num="(1)">
      <text>Copies of articles of incorporation, bylaws, minutes, shareholder agreements, stock certificates, stock transfer ledgers, any additional profit-sharing agreements or buyout rights, or in the case of a partnership, the partnership agreement;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Current financial statements, business licenses, federal personal income tax returns for the most current 2 years, including all schedules, federal business tax returns for the past 3 years, including all schedules, cancelled checks, resumes of principal parties, and any relevant personal and third-party agreements, such as rental and management agreements; and</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Copies of supporting veteran-related documents issued by the federal government.</text>
    </paragraph>
  </paragraph>
  <paragraph num="D.">
    <text>A certified VSBE shall have certified status in the Database at the time the contract is awarded in order for its participation to be counted toward the VSBE contract goal. All payments made shall be counted toward the VSBE goal under a contract entered into when the VSBE was certified.</text>
  </paragraph>
  <paragraph num="E.">
    <text>Failure of a certified VSBE to maintain certification may not be the cause of the termination of the contractual relationship for the remainder of the term of the contract.</text>
  </paragraph>
</regulation>