[Federal Register Volume 59, Number 86 (Thursday, May 5, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-10843]


[[Page Unknown]]

[Federal Register: May 5, 1994]


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SMALL BUSINESS ADMINISTRATION

13 CFR Part 121

 

Small Business Size Standards; Inflation Adjusted Size Standards

AGENCY: Small Business Administration.

ACTION: Final rule, correction regarding effective date.

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SUMMARY: SBA is amending information concerning the effective date of 
its final rule published in the Federal Register on April 7, 1994 (59 
FR 16513), applying an inflation adjustment percentage of 48.2% to 
certain receipts-based industry size standards. The amendment clarifies 
application of the effective date for various SBA programs.

FOR FURTHER INFORMATION CONTACT:
Gary M. Jackson, Director, Size Standards Staff (202) 205-6618.

SUPPLEMENTARY INFORMATION: On April 7, 1994, SBA published a final rule 
increasing the receipts-based size standards for certain industries by 
a factor of 48.2% (59 FR 16513) and identified the effective date as 
April 22, 1994. In response to inquiries, SBA is issuing this notice to 
clarify application of the effective date for various SBA programs. SBA 
calls to the attention of the public its regulation at 13 CFR 121.205 
concerning the effective date of changes to SBA's size regulations, 
including changes in size standards. Except for noncompetitive Section 
8(a) contracts, the new size standards are applicable to all 
solicitations issued on or after April 22, 1994. As for noncompetitive 
Section 8(a) contracting actions, the new size standards are applicable 
to offers of requirements that are accepted by SBA subsequent to April 
22, 1994. The new size standards are effective as to applications for 
financial assistance received by SBA on or after April 22, 1994.

    Dated: April 29, 1994.
Erskine B. Bowles,
Administrator.
[FR Doc. 94-10843 Filed 5-4-94; 8:45 am]
BILLING CODE 8025-01-M