SBA Proposes Larger Size Standard for Engineering Firms
The Small Business Administration (SBA) proposed Wednesday to increase the small business size standard for engineering firms from $4.5 to $19 million in average annual gross revenue. Firms with annual revenues below the standard are eligible for federal agency small business contracting opportunities.
To see a copy of the proposed rule, click here. http://www.acec.org/advocacy/committees/pdf/smallbiz_size_2011.pdf
SBA has asked ACEC for comments on the proposed standard by May 16. ACEC has formed a working group of Member Firms of all sizes to study the rule. Members who would like to participate in the working group should contact Mark Steiner at msteiner@acec.org.
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