Base
Rule2019-149802019-07-18

Small Business Size Standards: Adjustment of Monetary-Based Size Standards for Inflation

Small Business Administration

Abstract

The U.S. Small Business Administration (SBA or Agency) 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.

Action & Dates

Action
Interim final rule with request for comments.
Dates
Effective Date: This rule is effective August 19, 2019.
Effective Date
2019-08-19

CFR References

Topics

Administrative practice and procedureGovernment procurementGovernment propertyGrant programs-businessIndividuals with disabilitiesLoan programs-businessReporting and recordkeeping requirementsSmall businesses

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Small Business Administration 13 CFR Part 121 RIN 3245-AH17 AGENCY: U.S. Small Business Administration. ACTION: Interim final rule with request for comments. SUMMARY: The U.S. Small Business Administration (SBA or Agency) 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. DATES: Effective Date: This rule is effective August 19, 2019. Comment Date: Comments must be received on or before September 16, 2019. ADDRESSES: You may submit comments, identified by RIN 3245-AH17, by any of the following methods: (1) Federal eRulemaking Portal: https://www.regulations.gov , following the specific instructions for submitting comments; or (2) Mail/Hand Delivery/Courier: U.S. Small Business Administration, Khem R. Sharma, Ph.D., Chief, Office of Size Standards, 409 Third Street SW, Mail Code 6530, Washington, DC 20416. SBA will post all comments to this interim final rule on https://www.regulations.gov . If you wish to submit confidential business information (CBI) as defined in the User Notice at https://www.regulations.gov , you must submit such information to the U.S. Small Bus

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Full Document

Citation: 84 FR 34261

Small Business Size Standards: Adjustment of Monetary-Based Size Standards for Inflation — Federal Register 2019-14980 | Open Gov by Base