The Commonwealth of Virginia maintains the Small, Women-owned, and Minority-owned Business (SWaM) certification program, with the goal of encouraging SWaM businesses to participate in state-funded projects. There is typically a 60-day interval between application and application resolution. Businesses under certain defined size may also be designated a SWaM Micro Business; all state purchases under $10,000 will be set aside for SWaM Micro Businesses if the price quoted is fair and reasonable.
Does this local/state program offer reciprocal certifications with other local/state programs? Out-of-state businesses applying for SWaM certification in Virginia must possess a comparable certification in their home state before applying. The reciprocal granting of SWaM certification in such a circumstance is not automatic. More details (including comparable certifications by state) can be reviewd at https://www.sbsd.virginia.gov/wp-content/uploads/2018/07/Out-of-State-Policy-Revised-November-3-20172018.pdf.
Does this certification expire? Certification lasts for a period of five years. It can be renewed before it expires.
Does this program require bidders attempt to make a good-faith effort to meet participation goals? There is a 40% goal on state purchasing from SWaMs in effect. Methods for attaining this goal are specified in more detail by Virginia.