SBA Increases Size Standards for 58 Industries in Three Sectors
WASHINGTON, Sept. 25, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration issued three final rules in the Federal Register, effective Oct. 24, 2012, increasing size standards for firms in three North American Industry Classification System (NAICS) Sectors: Real Estate and Rental and Leasing; Educational Services; and Health Care and Social Assistance.
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Size standards define the maximum size a firm can be and still be considered a small business. The revised standards reflect changes in marketplace conditions and public comments that SBA received to the proposed rules.
New size standards will enable more businesses in these sectors to obtain or retain small business status; will give federal agencies a larger pool of small businesses from which to choose for their procurement programs; and will make more small businesses eligible for SBA's loan programs.
SBA increased size standards for businesses in 21 industries in the Real Estate and Rental and Leasing Sector. More than 13,000 additional firms will qualify as small under these new size standards and become eligible for SBA loan and federal procurement programs.
SBA also increased size standards for nine industries for firms in the Educational Services Sector. More than 1,500 additional businesses will qualify as small under the new size standards and become eligible for SBA loan and federal procurement programs.
Size standards for 28 industries were also increased for firms in the Health Care and Social Assistance Sector. More than 4,100 additional firms will qualify as small under these new size standards and become eligible for SBA loan and federal procurement programs.
To review the three rules and public comments, go to www.regulations.gov. Each has a separate RIN number:
- Real Estate and Rental and Leasing – (RIN 3245-AG28)
- Educational Services – (RIN 3245-AG29)
- Health Care and Social Assistance – (RIN 3245‑AG30)
The SBA is reviewing all size standards, and takes into account the structural characteristics of individual industries, including average firm size, the degree of competition, and federal government contracting trends. This ensures that small business size definitions reflect current economic conditions in those industries. Under the Small Business Jobs Act of 2010, SBA will continue its comprehensive review of all size standards for the next several years.
The SBA issued a White Paper entitled "Size Standards Methodology" which explains how SBA establishes, reviews and modifies its receipts-based and employee-based small business size standards. It is available at http://www.sba.gov/size. For the latest about SBA's revisions to small business size standards, click on "What's New with Size Standards."
| NAICS |
NAICS Industry Title |
Current size standard |
Revised size standard |
| Sector 53, Real Estate and Rental and Leasing |
|||
| 531110 |
Lessors of Residential Buildings and Dwellings |
$7.0 |
$25.5 |
| 531120 |
Lessors of Nonresidential Buildings (except Miniwarehouses) |
$7.0 |
$25.5 |
| 531190 |
Lessors of Other Real Estate Property |
$7.0 |
$25.5 |
| Except, |
Leasing of Building Space to Federal Government by Owners |
$20.5 |
$35.5 |
| 531210 |
Offices of Real Estate Agents and Brokers |
$2.0 |
$7.0 |
| 531311 |
Residential Property Managers |
$2.0 |
$7.0 |
| 531312 |
Nonresidential Property Managers |
$2.0 |
$7.0 |
| 531320 |
Offices of Real Estate Appraisers |
$2.0 |
$7.0 |
| 531390 |
Other Activities Related to Real Estate |
$2.0 |
$7.0 |
| 532111 |
Passenger Car Rental |
$25.5 |
$35.5 |
| 532112 |
Passenger Car Leasing |
$25.5 |
$35.5 |
| 532120 |
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing |
$25.5 |
$35.5 |
| 532210 |
Consumer Electronics and Appliances Rental |
$7.0 |
$35.5 |
| 532220 |
Formal Wear and Costume Rental |
$7.0 |
$19.0 |
| 532230 |
Video Tape and Disc Rental |
$7.0 |
$25.5 |
| 532291 |
Home Health Equipment and Rental |
$7.0 |
$30.0 |
| 532411 |
Commercial, Air, Rail, and Water, Transportation Equipment and Rental |
$7.0 |
$30.0 |
| 532412 |
Construction, Mining and Forestry Machinery and Equipment Rental and Leasing |
$12.5 |
$30.0 |
| 532420 |
Office Machinery and Equipment Rental and Leasing |
$25.5 |
$30.0 |
| 532490 |
Other Commercial, and Industrial Machinery and Equipment Rental and Leasing |
$7.0 |
$30.0 |
| 533110 |
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) |
$7.0 |
$35.5 |
| Sector 61, Educational Services |
|||
| 611110 |
Elementary and Secondary Schools |
$7.0 |
$10.0 |
| 611210 |
Junior Colleges |
$7.0 |
$19.0 |
| 611310 |
Colleges, Universities and Professional Schools |
$7.0 |
$25.5 |
| 611420 |
Computer Training |
$7.0 |
$10.0 |
| 611430 |
Professional and Management Development Training |
$7.0 |
$10.0 |
| 611519 |
Other Technical and Trade Schools |
$7.0 |
$14.0 |
| 611519 |
Language Schools |
$7.0 |
$10.0 |
| 611699 |
All Other Miscellaneous Schools and Instruction |
$7.0 |
$10.0 |
| 611710 |
Educational Support Services |
$7.0 |
$14.0 |
| Sector 62, Health Care and Social Assistance |
|||
| 621420 |
Outpatient Mental Health and Substance Abuse Centers |
$10.0 |
$14.0 |
| 621491 |
HMO Medical Centers |
$10.0 |
$30.0 |
| 621492 |
Kidney Dialysis Centers |
$34.5 |
$35.5 |
| 621493 |
Freestanding Ambulatory Surgical and Emergency Centers |
$10.0 |
$14.0 |
| 621498 |
All Other Outpatient Care Centers |
$10.0 |
$19.0 |
| 621511 |
Medical Laboratories |
$13.5 |
$30.0 |
| 621512 |
Diagnostic Imaging Centers |
$13.5 |
$14.0 |
| 621610 |
Home Health Care Services |
$13.5 |
$14.0 |
| 621910 |
Ambulance Services |
$7.0 |
$14.0 |
| 621991 |
Blood and Organ Banks |
$10.0 |
$30.0 |
| 621999 |
All Other Miscellaneous Ambulatory Health Care Services |
$10.0 |
$14.0 |
| 622110 |
General Medical and Surgical Hospitals |
$34.5 |
$35.5 |
| 622210 |
Psychiatric and Substance Abuse Hospitals |
$34.5 |
$35.5 |
| 622310 |
Specialty (except Psychiatric and Substance Abuse) Hospitals |
$34.5 |
$35.5 |
| 623110 |
Nursing Care Facilities (Skilled Nursing Facilities) |
$13.5 |
$25.5 |
| 623210 |
Residential Intellectual and Developmental Disability Facilities |
$10.0 |
$14.0 |
| 623220 |
Residential Mental Health and Substance Abuse Facilities |
$7.0 |
$14.0 |
| 623311 |
Continuing Care Retirement Communities |
$13.5 |
$25.5 |
| 623312 |
Assisted Living Facilities for the Elderly |
$7.0 |
$10.0 |
| 623990 |
Other Residential Care Facilities |
$7.0 |
$10.0 |
| 624110 |
Child and Youth Services |
$7.0 |
$10.0 |
| 624120 |
Services for the Elderly and Persons with Disabilities |
$7.0 |
$10.0 |
| 624190 |
Other Individual and Family Services |
$7.0 |
$10.0 |
| 624210 |
Community Food Services |
$7.0 |
$10.0 |
| 624221 |
Temporary Shelters |
$7.0 |
$10.0 |
| 624229 |
Other Community Housing Services |
$7.0 |
$14.0 |
| 624230 |
Emergency and Other Relief Services |
$7.0 |
$30.0 |
| 624310 |
Vocational Rehabilitation Services |
$7.0 |
$10.0 |
Contact: Tiffani Clements (202) 401‑0035
Internet Address: http://www.sba.gov/news
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Release Number: 12-39
SOURCE U.S. Small Business Administration
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