Monday, October 22, 2012

SBA Increases Size Standards for 58 Industries in 3 Sectors

From Hispanic Business:

The U.S. Small Business Administration issued three final rules in the Federal Register, effective Oct. 24, increasing size standards for firms in three North American Industry Classification System (NAICS) Sectors: Real Estate and Rental and Leasing; Educational Services; and Health Care and Social Assistance.

Size standards define the maximum size a firm can be and still be considered a small business. The revised standards reflect changes in marketplace conditions and public comments that SBA received to the proposed rules...

To review the three rules and public comments, go to www.regulations.gov. Each has a separate RIN number:

-- Real Estate and Rental and Leasing - (RIN 3245-AG28)

-- Educational Services - (RIN 3245-AG29)

-- Health Care and Social Assistance - (RIN 3245?AG30)

...

The SBA issued a White Paper titled "Size Standards Methodology" which explains how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available at

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