SBA Issues Latest New Size-Standards

October 18, 2011

The U.S. Small Business Administration (SBA) recently issued a proposed rule that would increase the revenue-based small-business size standard in 37 “Administrative and Support, Waste Management and Remediation Services” industries and 15 “Information” industries, which includes such categories software publishing, motion picture production and theaters, radio stations and television broadcasting, and satellite communications.

The proposed rule is the latest development in the SBA’s effort, begun in 2007, to comprehensively review all of its size standards. The SBA estimates that the upward revisions of the current size standards would allow up to 500 more firms in “Information” industries and 2,700 more businesses in “Administrative and Support, Waste Management and Remediation Services” industries to qualify as a small business and for SBA programs and assistance.

Comments on the proposed rule must be received by May 16. They can be submitted online at:www.regulations.gov. Or mailed to: Khem R. Sharma, chief, Size Standards Division, 409 3rd St., SW, Mail Code 6530, Washington, DC 20416.

More information on the SBA’s “Size Standards Methodology” is available here.