OAR 123-200-1620: Certification Review of OSBE Firms

(1) COBID will send an annual “no-change” statement to firms approximately 30 days prior to the one-year anniversary of the certification date. The applicant must submit a completed statement, along with federal tax information for the previous year and documentation of any changes, prior to the anniversary date or the firm will be decertified. Continued certification is not automatic. The applicant must demonstrate that his or her business still meets the criteria set out in OAR 123-200-1610. (2) The OSBE firm shall notify COBID within 30 days of any changes which may affect its continued eligibility in the program. (3) COBID staff shall review the signed application to determine the firm has continued eligibility. COBID may also request additional information to verify the firm has continued eligibility. (4) Failure to return the completed review application by the anniversary date shall result in decertification.