13 C.F.R. § 124.1007 How long may an organization or business concern be a Private Certifier?
Title 13 - Business Credit and Assistance
(a) SBA's approval document will specify how long the organization or concern may be a Private Certifier. The initial contract or agreement will have a base period of one year, and may include option years or renewal provisions. (b) SBA may terminate a contract or agreement with an organization or business concern which is a Private Certifier for the convenience of the Government at any time, and may terminate the contract or agreement for default where appropriate. Specific grounds for termination for default include, but are not limited to: (1) Charging improper, unreasonable or contingent fees in violation of §124.1005; (2) Engaging in prohibited business transactions with the firms for which it processes SDB applications in violation of §124.1004(f); or (3) A demonstrated record of ownership and control determinations that are overturned on appeal by SBA's Office of Hearings and Appeals (OHA) or by SBA as part of an SDB protest.
Title 13: Business Credit and Assistance
PART 124—8(a) BUSINESS DEVELOPMENT/SMALL DISADVANTAGED BUSINESS STATUS DETERMINATIONS
Subpart B—Eligibility, Certification, and Protests Relating to Federal Small Disadvantaged Business Programs
§ 124.1007 How long may an organization or business concern be a Private Certifier?
