Louisiana Administrative Code › Title 19 - CORPORATION AND BUSINESS › Part VIII - Small Entrepreneurship (Hudson Initiative) Certification Program › Subpart 1 - Certification Program › Chapter 3 - Certification › Section VIII-309 - Verification of Eligibility; Annual Reports; Evaluation

Current through Register Vol. 50, No. 6, June 20, 2024
A. Verification of Eligibility. The SE (HI)
				  Certification Program, or its designee or staff, may take any reasonable means
				  at any time to confirm an applicant's eligibility or a certified firm's
				  continued eligibility, such as by investigation, letter, telephone, contact
				  with other governmental and/or state agencies, including but not limited to the
				  Department of Labor, and any other persons, companies, suppliers, or by either
				  announced or unannounced site inspections.
B. Annual Reports. By letter, or on forms
				  which may be identified or prescribed by the SE (HI) Certification Program, or
				  its designee or staff, certified businesses shall continue to report annually
				  and at times specified by the SE (HI) Certification Program, or its designee or
				  staff, their financial position and attainment of the business' performance
				  goals. Failure to report or failure to report on a timely basis, as required
				  annually or as otherwise requested by the SE (HI) Certification Program, or its
				  designee or staff, shall result in the business' termination of its SE
				  certification and from the program.
C. Notification of Changes. To continue
				  participation, a certified firm shall provide the SE (HI) Certification
				  Program, or its designee or staff, with a written statement of any changes in
				  its address, telephone number, ownership, control, financial status, major
				  changes in the nature of the operation, or any other appropriate supporting
				  documentation or information as may be requested or required by the SE (HI)
				  Certification Program, or its designee or staff, including, if requested by the
				  SE (HI) Certification Program, or its designee or staff, updated financial
				  information, federal and state tax returns, copies of DOL ES-4 forms, and
				  including an affidavit (signed, dated, and notarized) attesting to the
				  authenticity of all of the aforesaid supporting documentation and attesting to
				  the applicant's eligibility or the certified business' continued eligibility
				  requirements or criteria as specified in
				  R.S.
				  39:2006(A), as it may be
				  amended from time to time. Failure to do so may be grounds for the firm's
				  termination of eligibility and certification, and termination from the
				  program.
D. Evaluation. The SE (HI)
				  Certification Program, or its designee or staff, as necessary, shall evaluate
				  and continue to evaluate the information provided and/or otherwise obtained to
				  determine a business' progress, growth and dominance in its field of
				  operations, number of employees, volume of business, areas of improvement, the
				  firm's financial resources, competitive status, ownerships, status of owners
				  and officers, and generally the firm's continued eligibility for its continued
				  SE certification and continued participation in the program.
AUTHORITY NOTE:
					 Promulgated in accordance with
					 R.S.
					 39:2006 and
					 R.S.
					 51:931.