News & Analysis as of

North American Industry Classification System Inflation Adjustments

Bradley Arant Boult Cummings LLP

SBA to Increase Size Standards and Program Thresholds Due to Inflation

The U.S. Small Business Administration (SBA) recently published a final rule on its 2019 interim final rule that adjusted monetary-based industry size standards (i.e., receipts- and assets based) for inflation which has...more

Venable LLP

Concerned Over Inflation? DOD Issues Guidance to Contracting Officers Relating to Current and Future Contracts

Venable LLP on

Following on the heels of the coronavirus pandemic, high inflation now presents itself as the latest major challenge for government contractors. Inflation is on the rise, reaching levels that have not been seen in more than...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Increases Size Standards for 229 Industries

The final rules increase the receipts-based small business size standards for these industries, allowing many businesses to remain a small business for longer or regain their small business status. The final rules increase...more

Pillsbury Winthrop Shaw Pittman LLP

SBA Proposes to Increase Another 70 Size Standards for Service Industries

The proposed rule would increase the receipts-based small business size standards for 70 service industries in five industrial sectors, allowing many businesses to qualify or re-qualify for small business set-aside...more

Obermayer Rebmann Maxwell & Hippel LLP

SBA Adjusts Monetary-Based Size Standards for Inflation

Effective August 19, 2019, the Small Business Administration (“SBA”) has updated and increased the monetary-based size standards (i.e. receipts-based and assets-based size standards).  The SBA announced this change back in...more

PilieroMazza PLLC

SBA to Increase Size Standards with Inflationary Adjustment

PilieroMazza PLLC on

Today, SBA will issue an interim final rule increasing the receipts-based size standards for inflation. An unpublished version of the rule is available here.  The change should be effective August 17, 2019, 30 days after the...more

PilieroMazza PLLC

Inflation Adjustments Coming to Small Business Size Standards

PilieroMazza PLLC on

On June 12, 2014, the Small Business Administration (SBA) issued an interim rule, which goes into effect on July 14. This new rule increases the size standards applicable to nearly every NAICS code used in Federal Contracting...more

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