Affidavit of Eligibility

Compliance & Legal

Definition

A sworn statement declaring that a business and its owners meet certification eligibility requirements.

More Information

Certification applications typically require signed affidavits attesting to ownership percentages, control of business operations, personal net worth, independence from non-eligible businesses, and other eligibility factors. False statements in affidavits can result in criminal penalties and debarment.

Example

An MBE certification application includes an affidavit signed by all owners attesting to their minority status and ownership percentages.