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Recertification

Process of re-verifying small business status.

Definition

Recertification Process of re-verifying small business status.

Definition

Recertification is the process of verifying a contractor's small business status. It's required at specific points including option exercise, contract novation, or merger/acquisition. A business that outgrows its size standard must recertify as other than small, affecting future set-aside eligibility.

Related Terms

  • Option Year

    Additional contract period the government may exercise at their discretion.

  • Size Standard

    SBA threshold for qualifying as small business in an industry.

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