SBA Size Standards: Inflationary Adjustment of Monetary-Based Size Standards
Today (7/18), the Small Business Administration ("SBA") issued an interim final rule with request for comments "adjusting the monetary-based industry size standards (i.e., receipts- and assets-based) for inflation that has occurred since the last adjustment in 2014."
This rule is effective on August 19, 2019, with comments due by September 16, 2019.
With the rule takes effect, SBA's size standards will increase as follows (in millions):
Current ––> Adjusted
$0.75 ––> $1.05
$5.5 ––> $6.0
$7.5 ––> $8.0
$11.0 ––> $12.0
$15.0 ––> $16.5
$18.0 ––> $19.5
$19.0 ––> $20.5
$20.5 ––> $22.0
$25.0 ––> $27.0
$27.5 ––> $30.0
$29.5 ––> $32.0
$32.0 ––> $34.5
$32.5 ––> $35.0
$36.5 ––> $39.5
$37.5 ––> $40.5
$38.5 ––> $41.5
Interestingly, however, SBA notes that these adjustments "are separate from revisions to size standards made during the 5-year rolling reviews of size standards, as mandated by the Jobs Act." In other words, the adjustments here are not the same as any revisions that SBA may implement regarding the size standard thresholds under various NAICS codes.
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Federal Register: https://www.federalregister.gov/documents/2019/07/18/2019-14980/small-business-size-standards-adjustment-of-monetary-based-size-standards-for-inflation
