99 -- SBA Proposes Increase to Small Business Size Standard for Security Guards and Patrol Services

The U.S. Small Business Administration (SBA) has proposed to increase the small business size standard for the Security Guards and Patrol Services Industry (North American Industry Classification System (NAICS) 561612) from $10.5 million in average annual receipts to $15.5 million. The proposed revision, based on a review of industry characteristics, will better define what is a small business in this industry. For more information, please go to http://www.sba.gov/size/indexwhatsnew.html#guardsPR, where you can read and/or download the proposed rule published in the Federal Register on November 10, 2005. Comments to the proposed rule are due by close of business December 12, 2005.