VA Veteran-Owned Small Business Verification Guidelines

The Department of Veterans Affairs rescinded the Veteran Owned Small Business Verification Guidelines that requires eligible owners work full-time in the business for which they have applied for acceptance in the Verification Program and that limits participants to a single business; it also formally changed the time period for issuance of reconsideration decisions from 30 to 60 days and changed the distribution of profits for limited liability companies and employee stock ownership plans