SBA Increases size standards for NAICS Sector 56, Administrative and Support, Waste Management and Remediation Services

The United States Small Business Administration (SBA) is increasing the small business size standards for 37 industries and retaining the current size standards for the remaining seven industries in North American Industry Classification System (NAICS) Sector 56, Administrative and Support, Waste Management and Remediation Services. As part of its ongoing comprehensive review of all size standards, SBA evaluated all receipts-based size standards for industries in NAICS Sector 56 to determine whether they should be retained or revised. SBA did not review the employee-based size standard for Environmental Remediation Services, an "exception" under NAICS 562910, Remediation Services, in NAICS Sector 56, but will do so later with other employee-based size standards. Up to 2,700 additional firms will become small under these new size standards and eligible for SBA's loan and Federal procurement programs. You may read/download SBA's final rule at Regulations.gov (RIN 3245-AG27). You may also review the originally proposed rule together with all of the comments that the public had submitted by going to Regulations.gov. The proposed rule and the comments are included in the same docket. The revised size standards will be effective January 7, 2013.