In January the Small Business Administration announced that they have increased the Size Standards for 37 NAICS. The SBA  establishes small business size standards based on one of two primary measures of business size— either average annual receipts or number of employees.

Many business have complained that the SBA’s size standards have not kept up with changes in the economy and Federal contracting marketplace. The last SBA size standard overhaul was in the late 1970s and early 1980s and in 2007, the SBA began a new overhaul. In evaluating an industry’s size standard the  SBA examines the industries metrics, such as:

        • Average firm size
        • Startup costs
        • Entry barriers
        • Industry competition
        • Distribution of firms by size
        • Small business share of Federal contract dollars in that industry.

After examining these metrics SBA has decided to increase the size standards for 37 industries, see below for a list of some NAICS affected. The change in Size Standards affect a number of GSA/VA Schedules.   The Small Business Size Standard for NAICS Code 561320  was increased from $13.5 million to $25.5 million, and is applicable to both  Temporary Staffing (GSA Schedule 736) and Medical Staffing (621 I).   The change in 561510 (Travel Agencies), from $3.5 million to $19 million will affect Schedule 599.  For Schedule 84, which includes Security Guards, the change is from $18.5 million to $19 million. To see the full visit, view this Federal Registrar Update.

The SBA is continuing to evaluate and adjust additional industries as well. If your company is affected by these changes and you have some questions, Coley GSA may help determine your next steps.

NAICS

Industry Title

Current Size ($ million)

New Size ($ million)

561320

Temporary Help Services

13.5

25.5

561410

Document Preparation Services

7.0

14.0

561440

Collection Agencies

7.0

14.0

561499

All Other Business Support Services

7.0

14.0

561510

Travel Agencies

3.5

19.0

561599

All Other Travel Arrangement and Reservation Services

7.0

19.0

561612

Security Guards and Patrol Services

18.5

19.0

561920

Convention and Trade Show Organizers

7.0

10.0

562211

Hazardous Waste Treatment and Disposal

12.5

35.5

562219

Other Nonhazardous Waste Treatment and Disposal

12.5

35.5

562910

Remediation Services

14.0

19.0

 

Connect With Coley

*Email:



*What are you Interested In?




You have Successfully Subscribed! Someone from Coley will be in contact with you shortly.

Pin It on Pinterest

Share This