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Small Business Size Standards and Definition regards

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Small Business Definition regards Learn about the definition of – and qualifications for – a small business and why it’s important to know your status. SBA has established numerical definitions of small businesses, or “size standards,” for all for-profit industries. Size standards represent the largest size that a business (including its subsidiaries and affiliates) may be to remain classified as a small business concern. In determining what constitutes a small business, the definition will varyRead More

Size Protests, Size Determinations & Appeals

As you have learned in Small Business Size Regulation and Methodology and Use of Size Standards for Government Procurement, a contracting officer determines the size of the business according to the standards set forth in the Code of Federal Regulations. However, there are instances where a party involved in the procurement does not agree with the size standard set by the contracting officer for the small business concern. Size Protests With regard to procurement orRead More