(a) The comptroller will conduct certification reviews
of applicants and compliance reviews of certified HUBs. The comptroller
may perform random or targeted compliance desk, virtual, or in-person,
onsite reviews. The comptroller may verify the information submitted
by a business is accurate, and the business continues to meet all
HUB eligibility requirements after certification has been granted.
Certification and compliance reviews of any business may be conducted
upon determining a review is warranted.
(b) Businesses subject to certification and compliance
reviews must provide the comptroller with any information requested
to verify the eligibility of the business.
(c) The applicant's business documentation shall be
reviewed to substantiate the required level of participation and control,
and must demonstrate responsibility in the critical areas of the business'
operation as set forth in §20.283 of the title (relating to Evaluation
of Active Participation in the Control, Operation, and Management
of Entities).
(d) If a business does not meet all eligibility requirements
or does not provide requested information within the timeframe specified
by the comptroller, the business will be denied certification or have
its certification revoked.
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