New York SBDC Research Network

Each year the  New York Small Business Development Center  recognizes outstanding small businesses in a variety of ways.  This Success Story from the   Rockland SBDC  appears in our  2016 Annual Report .  Gloria Lovece   Infrastructure Unlimited, Inc. Rockland SBDC Gloria Lovece is President of Infrastructure Unlimited Inc., the construction company, she started with her two brothers. The company specializes in the installation and remediation of public infrastructure - notably bridges, railroads and power lines. Her company is a certified Disadvantaged Business Enterprise (DBE) in NY and NJ with certification pending in Ohio.  In a male dominated industry, she has worked very hard to overcome many obstacles, including the hydrocephalus that took her father. In addition to taking her father’s life, the disease caused the decline and eventual closure of the family’s construction business and all who worked there lost their job...

SBA Revises Size Standards for Utilities and Construction Sectors The U.S. Small Business Administration (SBA) issued two final rules in the Federal Register today, revising size standards for firms in two North American Industry Classification System (NAICS) sectors, namely, Utilities (Sector 22) and Construction (Sector 23). 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 its earlier proposed rules. New size standards will enable more businesses in these sectors to obtain or retain small business status; will give federal agencies a larger pool of small businesses from which to choose for their procurement programs; and will make more small businesses eligible for SBA’s loan programs. For industries in Sector 22, Utilities, SBA increased revenue-based size standards for three industries and changed the basis for determining ...

Earlier today, I spoke with a very helpful woman at R.S. Means . Some of you might know that this company compiles & publishes a wide variety of publications that provide construction cost data. They're well-used in the construction and contractor industries. I called looking for a product that might help provide a client with a rough estimate of a commercial construction project in a specific part of New York State. Instead of being told about a book costing several hundred dollars, I was surprised to hear that R.S. Means offers their Quick Cost Estimator on their website. It requires you to register (also free). Once there, you enter in the "Building Type" (there are 75 types of commercial structures listed in the drop-down menu), then the square footage, then the ZIP code of the project's location. Clearly, the results are a rough estimate (and they are ONLY pertinent to the building itself - there's no consideration for the cost of building, say, a par...

By Sharon St. John, The Mohawk Valley Small Business Development Center, SUNY Institute of Technology, Utica, NY One of my colleagues posed a question about a New York State for-profit business that would contract with banks so that after a foreclosure, the contractors would come in to clean, change locks, mow the lawn, and keep the property maintained until the bank sells it again. Should they be registered as sales tax vendors since what they're doing seems to fall into maintenance and repair? I noted that there are two NYS publications that I recommend for all my clients who are in any kind of construction business. Publication 750, A Guide To Sales Tax in New York State (PDF) , notes on page 20 under Specifically Enumerated Services: "maintaining, servicing or repairing real property both inside and outside of buildings (for example, cleaning, painting, gardening, snow plowing, trash removal and general repairs)" are subject to sales tax. My conclusion is that the com...