The U.S. Small Business Administration (SBA) has published two final rules revising size definitions for small businesses in two broad industry categories: (1) Information and (2) Administrative and Support, Waste Management and Remediation Services.
SBA increased the revenue-based size standards for 15 industries and retained the current revenue-based size standards for five industries in the North American Industry Classification System (NAICS) Sector 51: Information. SBA will review the employee-based size standards within this sector at a later date. As a result of these revisions, the SBA estimates that up to 500 additional firms will become eligible for SBA’s loan and federal procurement programs.
Small Business Size Standards: Information (RIN 3245-AG26)
www.regulations.gov/#!documentDetail;D=SBA-2011-0017-0005
SBA also increased the revenue-based size standards for 37 industries and retained revenue-based size standards for seven industries in the NAICS Sector 56: Administrative and Support, Waste Management and Remediation Services. SBA will review the employee-based size standards within this sector at a later date. Up to 2,700 additional firms will become eligible for SBA’s loan and federal procurement programs because of these revisions, according to the SBA..
Small Business Size Standards: Administrative and Support, Waste Management and Remediation Services (RIN 3245-AG27)
www.regulations.gov/#!documentDetail;D=SBA-2011-0018-0023
