PF 2019-31 SBA Interim Final Rule on Small Business Size Standards: Adjustment of Monetary-Based Size Standards for Inflation

SUMMARY:  

The Small Business Administration (SBA) is adjusting the monetary-based industry size standards (i.e., receipts- and assets-based) for inflation that has occurred since the last adjustment in 2014. These size standards will be reviewed again as part of the ongoing second 5-year review of size standards, as mandated by the Small Business Jobs Act of 2010 (Jobs Act). Also adjusted for inflation are receipts-based size standards that apply to sales or leases of Government property and stockpile purchases.

The interim final rule with request for comments can be found in the July 18, 2019 edition of the Federal Register: https://www.govinfo.gov/content/pkg/FR-2019-07-18/pdf/2019-14980.pdf

The effective date of this rule is August 19, 2019, which is the date on which the adjusted size standards should begin to be used. Comments must be received on or before September 16, 2019.

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