New SBA Size Limits Open Contracts To Over 8K Businesses

Law360, New York (February 15, 2012, 7:38 PM EST) -- The U.S. Small Business Administration changed its revenue-based size standards for 38 industries and subindustries in the SBA's technical, professional and scientific services categories on Friday, a change that the agency said would allow an additional 8,350 companies to compete for federal small business contracts.

The SBA's final rule was a significant departure from the version it proposed in March 2011, with several industries and subindustries seeing larger or smaller increases than the SBA initially envisioned. Architectural and engineering companies, which had been poised for the...
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