Share on LinkedInShare on LinkedIn

ARTICLE · 30 NOVEMBER 2022

SBA Issues Interim Rule To Increase Receipts-Based Size Standards By 13.65% For Inflation

On November 17, 2022, the Small Business Administration (SBA) issued an interim final rule for receipt-based size standards, which increases all size standards by 13.65 percent...

United StatesGovernment, Public Sector

TAKEAWAYS

  • The SBA adjusted all its receipts-based size standards for inflation, increasing them by 13.65 percent.
  • For certain size standards, contractors receiving up to $235 million in total receipts over their prior five fiscal years will qualify as small businesses.
  • The SBA adjusted the 8(a) program's three standards for initial and continuing eligibility and increased the dollar limit for combined total 8(a) contracts.

On November 17, 2022, the Small Business Administration (SBA) issued an interim final rule for receipt-based size standards, which increases all size standards by 13.65 percent (rounded to the closest $500,000, except for agricultural standards, which are rounded to the closest $250,000) as an additional adjustment for the effect of inflation since 2019. (See our July 22, 2019 Client Alert.) The SBA did not wait "at least every 5 years" to make the inflation adjustment that is required by statute but is making this significant

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from