§ 74.12 - What must a concern submit to apply for VIP Verification Program?

§ 74.12 What must a concern submit to apply for VetBiz VIP Verification Program?

Cross Reference

Link to an amendment published at 83 FR 48231, Sept. 24, 2018.

Each VetBiz VIP Verification applicant must submit the electronic forms and attachments VA Form 0877 and supplemental documentation as CVE requires. All electronic forms are available on the VetBiz.gov Vendor Information Pages database Web VIP database web pages. At From the time the applicant dispatches the electronic formsVA Form 0877, the applicant must also retain on file, at the principal place of business, a completed complete copy of the electronic forms supplemented by manual records that will be used all supplemental documentation required by, and provided to, CVE for use in verification examinations. These forms and attachments will includeThe documentation to be submitted to CVE includes, but is not be limited to: Articles of Incorporation/Organization; corporate by-laws or operating agreements; shareholder agreements; voting records and voting agreements; trust agreements; franchise agreements, financial statements, organizational, annual, and board/member meeting records; stock ledgers and certificates; State-issued Certificates of Good Standing; contract, lease and loan agreements; payroll records; bank account signature cards; financial statements; Federal personal and business tax returns , payroll records and personal history statements. An applicant must also retain in the application file IRS Form 4506, Request for Copy or Transcript of Tax Form. These materials shall be filed together to maximize efficiency of verification examination visits. Together with the electronic documents, these manual records will provide the CVE verification examiner with sufficient information to establish the management, control and operating status of the business on the date of submissionfor up to 3 years; and licenses.

(The Office of Management and Budget has approved the information collection requirements in this section under control number 2900-0675)

[83 FR 48231, Sept. 24, 2018]