[Federal Register Volume 90, Number 161 (Friday, August 22, 2025)]
[Proposed Rules]
[Pages 41168-41277]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-16142]



[[Page 41167]]

Vol. 90

Friday,

No. 161

August 22, 2025

Part II





Small Business Administration





-----------------------------------------------------------------------





13 CFR Part 121





Small Business Size Standards: Monetary-Based Industry Size Standards; 
Proposed Rule

Federal Register / Vol. 90 , No. 161 / Friday, August 22, 2025 / 
Proposed Rules

[[Page 41168]]


-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

13 CFR Part 121

RIN 3245-AI12


Small Business Size Standards: Monetary-Based Industry Size 
Standards

AGENCY: U.S. Small Business Administration.

ACTION: Proposed rule.

-----------------------------------------------------------------------

SUMMARY: The U.S. Small Business Administration (SBA or the Agency) 
proposes to increase its monetary based small business size definitions 
(commonly referred to as ``size standards'') for 263 industries (259 
receipts based and four assets based). SBA proposes to retain receipts 
based size standards for 237 industries and 12 subindustries 
(``exceptions'') and remove one exception. SBA's proposal relied on its 
recently revised ``Size Standards Methodology'' (Revised Methodology). 
SBA seeks comments on its proposed changes to size standards and data 
sources it evaluated to develop the proposed size standards. SBA also 
invites comments on its proposed policy of not lowering any size 
standards, except for excluding dominant firms from qualifying as 
small. In accordance with 5 U.S.C. 553(b)(4), a summary of this rule 
may be found at www.regulations.gov.

DATES: SBA must receive comments on this proposed rule on or before 
October 21, 2025.

ADDRESSES: Identify your comments by RIN 3245-AI12 or Docket No. SBA-
2025-0102 and submit them by one of the following methods: (1) Federal 
eRulemaking Portal: www.regulations.gov. Follow the instructions for 
submitting comments; or (2) Mail/Hand Delivery/Courier: Khem R. Sharma, 
Ph.D., Chief, Size Standards Division, 409 Third Street SW, Mail Code 
6530, Washington, DC 20416.
    SBA will post all comments on this proposed rule on 
www.regulations.gov. If you wish to submit confidential business 
information (CBI) as defined in the User Notice at www.regulations.gov, 
you must submit such information to U.S. Small Business Administration, 
Khem R. Sharma, Ph.D., Chief, Size Standards Division, 409 Third Street 
SW, Mail Code 6530, Washington, DC 20416, or send an email to 
[email protected]. Highlight the information that you consider to 
be CBI and explain why you believe SBA should hold this information as 
confidential. SBA will review your information and determine whether it 
will make the information public.

FOR FURTHER INFORMATION CONTACT: Jorge Laboy-Bruno, Ph.D., Economist, 
Size Standards Division, (202) 205-6618 or [email protected].

SUPPLEMENTARY INFORMATION: To determine eligibility for Federal small 
business assistance, SBA establishes small business size definitions 
(usually referred to as ``size standards'') for private sector 
industries in the United States. SBA uses two primary measures of 
business size for size standards purposes: average annual receipts and 
average number of employees. SBA uses financial assets for certain 
financial industries and refining capacity, in addition to employees, 
for the petroleum refining industry to measure business size. In 
addition, SBA's Small Business Investment Company (SBIC), Certified 
Development Company (CDC/504), and 7(a) Loan Programs use either the 
industry based size standards or the tangible net worth and net income 
based alternative size standard to determine eligibility for those 
programs.
    In September 2010, Congress passed the Small Business Jobs Act 
(Pub. L. 111-240, 124 Stat. 2504 (September 27, 2010)) (Jobs Act) 
requiring SBA to review all size standards every five years and make 
necessary adjustments to reflect current industry and market 
conditions. Section 1831 of the National Defense Authorization Act for 
Fiscal Year 2017 (Pub. L. 114-328; December 23, 2016) (NDAA 2017) 
directed SBA to establish size standards for all agricultural 
enterprises in the same manner as for other industries and to include 
them in the five-year rolling review procedures established under 
section 1344(a) of the Jobs Act.
    In accordance with the Jobs Act, SBA completed the first five-year 
review of all size standards (except size standards for agricultural 
enterprises) in 2016 \1\ and the second five-year review of size 
standards (including size standards for agricultural enterprises in 
accordance with NDAA 2017) in 2023,\2\ and made appropriate adjustments 
to size standards for a number of industries to reflect current 
industry and Federal market conditions. This rule focusing on monetary 
based size standards is one of two proposed rules as part of the third 
five-year review of size standards under the Jobs Act. The other 
proposed rule will focus on employee based size standards and be 
published in the near future.
---------------------------------------------------------------------------

    \1\ See ``A REPORT ON THE FIRST FIVE-YEAR COMPREHENSIVE REVIEW 
OF SMALL BUSINESS SIZE STANDARDS UNDER THE SMALL BUSINESS JOBS ACT 
OF 2010'' available at https://www.sba.gov/sites/default/files/2023-09/Report%20on%20the%20First%205-Year%20Comprehensive%20Size%20Standards%20Review-508F.pdf.
    \2\ See ``A REPORT ON THE SECOND FIVE-YEAR COMPREHENSIVE REVIEW 
OF SMALL BUSINESS SIZE STANDARDS UNDER THE SMALL BUSINESS JOBS ACT 
OF 2010'', available at https://www.sba.gov/sites/default/files/2023-07/SBA%27s%20Report%20on%20the%20Second%205%20Year%20Review%20of%20Size%20Standards_Final.pdf.
---------------------------------------------------------------------------

    The number of monetary based size standards reviewed and revised by 
NAICS sector during the first five-year comprehensive review of size 
standards under the Jobs Act were discussed in the receipts based size 
standards proposed rules SBA issued as part of the second five-year 
comprehensive review of size standards.\3\ During the second five-year 
review of size standards under the Jobs Act, SBA reviewed a total of 
534 monetary based size standards and increased 264.
---------------------------------------------------------------------------

    \3\ See Small Business Size Standards: Agriculture, Forestry, 
Fishing and Hunting, Mining, Quarrying, and Oil and Gas Extraction, 
Utilities, Construction (85 FR 62239, October 2, 2020), Small 
Business Size Standards: Transportation and Warehousing, 
Information, Finance and Insurance, Real Estate and Rental and 
Leasing (85 FR 62372, October 2, 2020), Small Business Size 
Standards: Professional, Scientific and Technical Services, 
Management of Companies and Enterprises, Administrative and Support 
and Waste Management and Remediation Services (85 FR 72584, November 
13, 2020), Small Business Size Standards: Education Services, Health 
Care and Social Assistance, Arts, Entertainment and Recreation, 
Accommodation and Food Services, Other Services (85 FR 76390, 
November 27, 2020), and Small Business Size Standards: Wholesale 
Trade and Retail Trade (86 FR 28012, May 25, 2021).
---------------------------------------------------------------------------

    The analysis of available data at that time suggested that a total 
of 237 size standards might be decreased, but in response to ongoing 
economic impacts as a result of the COVID-19 pandemic, SBA decided to 
retain those size standards at the current levels.\4\ Table 1, Summary 
of Monetary Based Size Standards Reviewed in Second Five-Year Review 
(NAICS 2017), provides a summary of these revisions by NAICS sector.
---------------------------------------------------------------------------

    \4\ See Small Business Size Standards: Agriculture, Forestry, 
Fishing and Hunting, Mining, Quarrying, and Oil and Gas Extraction, 
Utilities, Construction (87 FR 18607, March 31, 2022), Small 
Business Size Standards: Transportation and Warehousing, 
Information, Finance and Insurance, Real Estate and Rental and 
Leasing (87 FR 18627, March 31, 2022), Small Business Size 
Standards: Professional, Scientific and Technical Services, 
Management of Companies and Enterprises, Administrative and Support 
and Waste Management and Remediation Services (87 FR 18665, March 
31, 2022), Small Business Size Standards: Education Services, Health 
Care and Social Assistance, Arts, Entertainment and Recreation, 
Accommodation and Food Services, Other Services (87 FR 18646, March 
31, 2022), and Small Business Size Standards: Wholesale Trade and 
Retail Trade (87 FR 35869, June 14, 2022).
---------------------------------------------------------------------------

    Currently, there are 102 different size standards levels, covering 
978 NAICS

[[Page 41169]]

industries and 18 subindustries (commonly known as ``exceptions'' in 
SBA's table of size standards). Seventy-three of these size levels are 
based on average annual receipts covering 496 industries and 13 
subindustries (``exceptions''), 27 are based on average number of 
employees covering 478 industries and five subindustries 
(``exceptions''), one is based on refining capacity covering one 
industry, and one is based on average assets covering four industries.
BILLING CODE 8026-09-P

[[Page 41170]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.000


[[Page 41171]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.001

BILLING CODE 8026-09-C
    SBA also adjusts its monetary based size standards for inflation at 
least once every five years. An interim final rule on SBA's latest 
inflation adjustment to size standards, effective December 19, 2022, 
was published in the Federal Register on November 17, 2022 (87 FR 
69118), which SBA finalized on July 19, 2023, adopting the November 
2022 interim rule (88 FR 46048). SBA also updates its size standards, 
every five years, to adopt the Office of Management and Budget's (OMB) 
quinquennial NAICS revisions to its table of small business size 
standards. Effective October 1, 2022, SBA adopted the OMB's 2022 NAICS 
revisions to its size standards (87 FR 59240, September 29, 2022).
    This proposed rule is one of the two proposed rules that will 
review size standards of industries grouped by the type of size 
standards measures, i.e., monetary based size standards and employee 
based size standards. Rather than review all size standards in one 
rule, SBA is reviewing size standards by grouping industries that use 
the same size measure (i.e., employees or monetary measures). Once SBA 
completes its review of size standards for a group of industries 
sharing the same measure of size standards, it issues for public 
comments a proposed rule to revise size standards for those industries 
based on the latest available data and other factors deemed relevant by 
the SBA's Administrator.
    Below is a discussion of SBA's recently revised ``Size Standards 
Methodology'' (Revised Methodology), issued on September 12, 2024, and 
available at www.sba.gov/size, for establishing, reviewing, or 
modifying receipts based size standards that SBA has applied to this 
proposed rule. SBA examines the structural characteristics of an 
industry as a basis to assess industry differences and the overall 
degree of competitiveness of an industry and of firms within the 
industry. Industry structure is typically examined by analyzing four 
primary factors--average firm size, degree of competition within an 
industry, start-up costs and entry barriers, and distribution of firms 
by size. To assess the ability of small businesses to compete for 
Federal contracting opportunities under the current size standards, as 
the fifth primary factor, SBA also examines, for each industry 
averaging $20 million or more in average annual Federal contract 
dollars, the Federal contracting factor in terms of two disparity 
ratios. The first disparity ratio measures the small business share of 
total contracts relative to the small business share of the total 
population of firms that are willing, ready, and able to bid on and 
perform Federal contracts. The second disparity ratio represents the 
small business share of Federal contract dollars relative to the small 
business share in total industry's receipts. When necessary, SBA also 
considers other secondary factors that are relevant to the industries 
and the interests of small businesses, including impacts of size 
standards changes on small businesses.

Size Standards Methodology

    SBA has recently revised its Methodology for establishing, 
reviewing, or modifying size standards when necessary. See the 
notification in the September 12, 2024, edition of the Federal Register 
(89 FR 74109). The Revised Methodology is available on SBA's size 
standards web page at www.sba.gov/size. Prior to finalizing the Revised 
Methodology, SBA issued a notification in the December 11, 2023, 
edition of the Federal Register (88 FR 85852) to solicit comments from 
the public and notify stakeholders of the proposed changes to the 
Methodology. SBA considered all public comments in finalizing the 
Revised Methodology. For a summary of comments and SBA's responses, 
refer to the SBA's September 12, 2024, Federal Register notification.
    The Revised Methodology represents two major changes from the 
previous methodology (2019 Methodology), which was issued on April 11, 
2019 (84 FR 14587). The first change is to replace the 2019 Methodology 
to account for the Federal contracting factor with the disparity ratio 
approach. Under the 2019 Methodology, SBA defined the Federal 
contracting factor in terms of the difference between the small 
business share of total contract obligations and the small business 
share of industry' receipts. If the small business share of an industry 
total receipts exceeded the small business share of total contract 
obligations by ten percentage points or more, all else being the same, 
SBA increased that industry's current size standard by certain amount 
depending on the amount of that difference. If that difference was less 
than ten percentage points, SBA considered that the current size 
standard was sufficient with respect to the Federal contracting 
factor.\5\
---------------------------------------------------------------------------

    \5\ For a more detailed explanation of this approach, please see 
SBA's 2019 Methodology, available at https://www.sba.gov/document/support-2019-size-standards-methodology-white-paper.
---------------------------------------------------------------------------

    Under the disparity ratio approach, SBA computes a disparity ratio 
as a ratio (instead of the difference) between the small business share 
of contract obligations and the small business share of industry 
receipts. SBA also computes a second disparity ratio as a ratio between 
small business share of the number of contracts and the share of

[[Page 41172]]

small firms in the total population of firms that are willing, ready, 
and able to bid on and perform Federal contracts. If an industry's 
disparity ratio is less than 0.8, SBA would assume that small 
businesses are either materially underrepresented (i.e., the disparity 
ratio is 0.5 or greater and less than 0.8) or substantially 
underrepresented (i.e., the disparity ratio is less than 0.5) in the 
Federal market under that industry's current size standard and would 
increase the current size standard as per Table 3 (below). If an 
industry's disparity ratio is 0.8 or higher, small businesses are 
considered overrepresented (i.e., the disparity ratio is 0.8 or higher 
and less than 1.2) or substantially overrepresented (i.e., the 
disparity ratio is 1.2 or higher) in the Federal market in that 
industry under the current size standard, and that industry's size 
standard is maintained at the current level.
    The second change is to replace the 20th percentile and 80th 
percentile values of industry factors for evaluating size standards at 
subindustry levels (``exceptions'') from those calculated based on the 
Economic Census data in the 2019 Methodology with those calculated 
using the Federal Procurement Data System/System for Award Management 
(FPDS/SAM) data under the revised Methodology. This will ensure 
consistency between the 20th percentile and 80th percentile values of 
industry factors and industry factors for individual exceptions.
    SBA does not apply all aspects of its Methodology to all proposed 
rules because not all features are relevant for every industry covered 
by each proposed rule. For example, since all industries covered by 
this proposed rule have receipts based size standards, the Methodology 
described in this proposed rule applies only to establishing, 
reviewing, or modifying receipts based size standards. SBA's entire 
Methodology is available on its website at www.sba.gov/size and on 
www.regulations.gov.

Industry Analysis

    Congress granted SBA's Administrator discretion to establish 
detailed small business size standards. 15 U.S.C. 632(a)(2). 
Specifically, section 3(a)(3) of the Small Business Act (15 U.S.C. 
632(a)(3)) requires that ``. . . the [SBA] Administrator shall ensure 
that the size standard varies from industry to industry to the extent 
necessary to reflect the differing characteristics of the various 
industries and consider other factors deemed to be relevant by the 
Administrator.'' Accordingly, the economic structure of an industry is 
the primary basis for establishing, reviewing, or modifying small 
business size standards. In addition, SBA considers current economic 
conditions, its mission and program objectives, the Administration's 
current policies, impacts on small businesses under current size and 
proposed or revised size standards, suggestions from industry groups 
and Federal agencies, and public comments on the proposed rules. SBA 
also examines whether a size standard based on industry and other 
relevant data successfully excludes businesses that are dominant in the 
industry.
    The goal of SBA's size standards review is to determine whether its 
existing small business size standards reflect the current industry 
structure and Federal market conditions and revise them when the latest 
available data suggests that revisions are warranted. Under the current 
Methodology, SBA uses the ``percentile'' approach to examine the 
industry structure.\6\ Under the percentile approach, for each industry 
factor, an industry is ranked and compared with the 20th percentile and 
80th percentile values of that factor among the industries sharing the 
same measure of size standards (i.e., receipts or employees). Combining 
that result with the 20th percentile and 80th percentile values of size 
standards among the industries with the same measure of size standards, 
SBA computes a size standard supported by each industry factor for each 
industry. A more detailed description of the percentile method is 
provided in the SBA's Revised Methodology, available at www.sba.gov/size and on www.regulations.gov.
---------------------------------------------------------------------------

    \6\ As part of revision to its size standards methodology in 
conjunction with the second 5-year review of size standards under 
the Jobs Act, SBA replaced the previous ``anchor'' size standards 
approach to analyzing industry structure with the ``percentile'' 
approach. The anchor approach is described in the SBA's 2009 
Methodology, available at https://www.sba.gov/document/support-2009-size-standards-methodology-white-paper.
---------------------------------------------------------------------------

    The primary factors that SBA evaluates to examine industry 
structure include average firm size, startup costs and entry barriers, 
industry competition, and distribution of firms by size. SBA also 
evaluates, as an additional primary factor, small business success in 
receiving Federal contracting assistance under the current size 
standards. These are, generally, the five most important factors SBA 
examines when establishing, reviewing, or revising a size standard for 
an industry. However, SBA will also consider and evaluate other 
secondary factors that it believes are relevant to a particular 
industry (such as technological changes, growth trends, SBA financial 
assistance, other program factors). SBA also considers possible impacts 
of size standard revisions on eligibility for Federal small business 
assistance, current economic conditions, the Administration's policies, 
and suggestions from industry groups and Federal agencies. Public 
comments on proposed rules also provide important additional 
information. SBA thoroughly reviews all public comments before making a 
final decision on its proposed revisions to size standards. Below are 
brief descriptions of each of the five primary factors that SBA has 
evaluated for each industry being reviewed in this proposed rule. A 
more detailed description of this analysis is provided in the SBA's 
Methodology, available at www.sba.gov/size and on www.regulations.gov.
    1. Average firm size. SBA computes two measures of average firm 
size: simple average and weighted average. For industries with receipts 
based size standards, the simple average is the total receipts of the 
industry divided by the total number of firms in the industry. The 
weighted average firm size is the sum of weighted simple averages in 
different receipts size classes, where weights are the shares of total 
industry receipts for respective size classes. The simple average 
weighs all firms within an industry equally regardless of their size. 
The weighted average overcomes that limitation by giving more weight to 
larger firms. The size standard supported by average firm size is 
obtained by averaging size standards supported by simple average firm 
size and weighted average firm size.
    If the average firm size of an industry is higher than the average 
firm size for most other industries, this would generally support a 
size standard higher than the size standards for other industries. 
Conversely, if the industry's average firm size is lower than that of 
most other industries, it would provide a basis to assign a lower size 
standard as compared to size standards for most other industries.
    2. Startup costs and entry barriers. Startup costs reflect a firm's 
initial size in an industry. New entrants to an industry must have 
sufficient capital and other assets to start and maintain a viable 
business. If firms entering an industry under review have greater 
capital requirements than firms in most other industries, all other 
factors remaining the same, this would be a basis for a higher size 
standard. Conversely, if the industry has smaller capital needs 
compared to most other

[[Page 41173]]

industries, a lower size standard would be considered appropriate.
    Given the lack of actual data on startup costs and entry barriers 
by industry, SBA uses average assets as a proxy for startup costs and 
entry barriers. To calculate average assets, SBA begins with the sales 
to total assets ratio for an industry from the Risk Management 
Association's Annual Statement Studies, available at www.rmahq.org/estatement-studies. SBA then applies these ratios to the average 
receipts of firms in that industry obtained from the Economic Census 
tabulation. An industry with average assets that are significantly 
higher than most other industries is likely to have higher startup 
costs; this in turn will support a higher size standard. Conversely, an 
industry with average assets that are similar to or lower than most 
other industries is likely to have lower startup costs; this will 
support either lowering or maintaining the size standard.
    3. Industry competition. Industry competition is generally measured 
by the share of total industry receipts generated by the largest firms 
in an industry. SBA generally evaluates the share of industry receipts 
generated by the four largest firms in each industry. This is referred 
to as the ``four-firm concentration ratio,'' a commonly used economic 
measure of market competition. Using the four-firm concentration ratio, 
SBA compares the degree of concentration within an industry to the 
degree of concentration of the other industries with the same measure 
of size standards. If a significantly higher share of economic activity 
within an industry is concentrated among the four largest firms 
compared to most other industries, all else being equal, SBA would set 
a size standard that is relatively higher than for most other 
industries. Conversely, if the market share of the four largest firms 
in an industry is appreciably lower than the similar share for most 
other industries, the industry will be assigned a size standard that is 
lower than those for most other industries.
    4. Distribution of firms by size. SBA examines the shares of 
industry total receipts accounted for by firms of different receipts 
and employment sizes in an industry. This is an additional factor SBA 
considers in assessing competition within an industry besides the four-
firm concentration ratio. If the preponderance of an industry's 
economic activity is attributable to smaller firms, this generally 
indicates that small businesses are competitive in that industry, which 
would support adopting a smaller size standard. A higher size standard 
would be supported for an industry in which the distribution of firms 
indicates that most of the economic activity is concentrated among the 
largest firms.
    Concentration is a measure of inequality of distribution. To 
determine the degree of inequality of distribution in an industry, SBA 
computes the Gini coefficient, using the Lorenz curve. The Lorenz curve 
presents the cumulative percentages of units (firms) along the 
horizontal axis and the cumulative percentages of receipts (or other 
measures of size) along the vertical axis. (For further detail, see the 
SBA's Methodology on its website at www.sba.gov/size or 
www.regulations.gov.) Gini coefficient values vary from zero to one. If 
receipts are distributed equally among all the firms in an industry, 
the value of the Gini coefficient will equal zero. If an industry's 
total receipts are attributed to a single firm, the Gini coefficient 
will equal one.
    SBA compares the degree of inequality of distribution for an 
industry under review with other industries with the same type of size 
standards. If an industry shows a higher degree of inequality of 
distribution (hence a higher Gini coefficient value) compared to most 
other industries in the group this would, all else being equal, warrant 
a size standard that is higher than the size standards assigned to most 
other industries. Conversely, an industry with lower degree of 
inequality (i.e., a lower Gini coefficient value) than most others will 
be assigned a lower size standard relative to others.
    5. Federal contracting. Besides the industry factors discussed 
above, for industries averaging $20 million dollars or more in total 
Federal contract dollars annually, SBA considers a Federal contracting 
factor as one of the five primary factors when establishing, reviewing, 
or revising size standards. SBA examines the success small businesses 
are having in winning Federal contracts under the current size standard 
as well as the possible impact a size standard change may have on 
Federal small business contracting opportunities. The Small Business 
Act requires the Federal government to ensure that small businesses 
receive a ``fair share'' of Federal contracts. The legislative history 
also discusses the importance of size standards in Federal contracting.
    The Federal contracting factor captures the extent to which small 
businesses are getting a ``fair share'' of Federal contracts under the 
current size standards. Under the current Methodology, a ``fair share'' 
is assessed in terms of two measures. One is the proportion of total 
contracts awarded to small businesses in relation to the proportion of 
small businesses in the total population of ``ready, willing, and 
able'' firms that are available to bid on or perform Federal contracts. 
The second one is the small business share of Federal contract 
obligations in an industry relative to the small business share of that 
industry's total receipts. Under the current Methodology, SBA accounts 
for these measuring using two disparity ratios, as described below.
    As discussed in greater detail in the Revised Methodology available 
at www.sba.gov/size, a disparity ratio is defined as the ratio between 
the utilization ratio and the availability ratio. Representing the two 
measures to assess the extent to which small businesses are receiving a 
``fair share'' of Federal procurements described above, SBA computes a 
disparity ratio using two methods. Under the first method (Disparity 
Ratio--Method 1), the utilization ratio is defined in terms of the 
small business share of total Federal contracts and the availability 
ratio is defined in terms of the proportion of small firms in the total 
population of ``ready, willing, and able'' firms that are available to 
bid on or perform Federal contracts. Under the second method (Disparity 
Ratio--Method 2), the utilization ratio is defined in terms of the 
small business share total contract obligations and the availability 
ratio is defined in terms of the small business share of total 
industry's receipts.\7\
---------------------------------------------------------------------------

    \7\ This is a refinement to the 2019 Methodology, where SBA 
compared the small business share of total contract dollars in each 
industry with small business share of that industry's total 
receipts. If the small business share of an industry total receipts 
exceeded the small business share of total contract dollars by ten 
percentage points or more, SBA determined that small businesses were 
underrepresented in the Federal marketplace under the current size 
standard and a justification existed to increase that industry's 
current size standard. If that difference was less than ten 
percentage points, SBA considered that small businesses under the 
current size standard were represented well in the Federal market 
and the current size standard was considered adequate with respect 
to the Federal contracting factor.
---------------------------------------------------------------------------

    If the disparity ratio is equal to 1.0, then there is no disparity 
(or there is parity) and small businesses are said to have been awarded 
Federal contracts in the same proportion as their representation in the 
industry. If the disparity ratio for an industry is 0.8 or higher 
(``close to or at parity'' or ``substantially above parity''), small 
businesses are said to be represented well in the Federal market, SBA 
considers that the current size standard for that industry as adequate. 
Small

[[Page 41174]]

businesses are said to be ``materially underrepresented'' in industries 
in which the disparity ratio is between 0.5 and 0.8 and ``substantially 
underrepresented'' in industries in which the disparity ratio is less 
than 0.5. If the disparity ratio for an industry is less than 0.8 
(``materially below parity'' or ``substantially below parity''), SBA 
considers the current size standard for that industry as inadequate, 
thereby warranting an upward adjustment of the current size standard.
    Besides the impact on Federal contracting, SBA also examines 
impacts on SBA's loan programs both under the current and revised size 
standards.

Sources of Industry and Program Data

    SBA's primary source of industry data used in this proposed rule 
for evaluating industry characteristics and developing proposed size 
standards is a special tabulation of the Economic Census from the U.S. 
Census Bureau (www.census.gov/econ/census). The tabulation based on the 
2017 Economic Census is the latest available. The special tabulation 
provides industry data on the number of firms, number of 
establishments, number of employees, annual payroll, and annual 
receipts of companies by Industry (6-digit level), Industry Group (4-
digit level), Subsector (3-digit level), and Sector (2-digit level). 
These data are arrayed by various classes of firms' size based on the 
overall number of employees and receipts of the entire enterprise (all 
establishments and affiliated firms) from all industries. The special 
tabulation also contains information for different levels of NAICS 
categories on average and median firm size in terms of both receipts 
and employment, total receipts generated by the four and eight largest 
firms, the Herfindahl-Hirschman Index (HHI) for the 50 largest firms, 
the Gini coefficient, and size distributions of firms by various 
receipts and employment size groupings.
    In some cases, where data were not available due to disclosure 
prohibitions in the Census Bureau's tabulation, SBA either estimated 
missing values using available relevant data or examined data at a 
higher level of industry aggregation, such as at the NAICS 2-digit 
(Sector), 3-digit (Subsector), or 4-digit (Industry Group) level. In 
some instances, SBA's analysis was based only on those factors for 
which data were available or estimates of missing values were possible.
    To evaluate industries that are not covered by the Economic Census, 
SBA used a similar special tabulation of the latest County Business 
Patterns (CBP) published by the U.S. Census Bureau (www.census.gov/programs-surveys/cbp.html). Similarly, to evaluate industries in NAICS 
Sector 11 that are also not covered by the Economic Census and CBP, SBA 
evaluated a similar special tabulation based on the 2017 Census of 
Agriculture (www.nass.usda.gov) from the National Agricultural 
Statistics Service (NASS). Similarly, to evaluate certain financial 
industries that have assets based size standards SBA examined the data 
from the Statistics on Depository Institutions (SDI) database and 
(https://www7.fdic.gov/sdi/download_large_list_outside.asp) of the 
Federal Depository Insurance Corporation (FDIC) data and data from 
National Credit Union Administration (NCUA) (https://ncua.gov/analysis/credit-union-corporate-call-report-data/quarterly-data).
    To calculate average assets, SBA used sales to total assets ratios 
from the Risk Management Association's (RMA) Annual Statement Studies, 
2021-2023 (www.rmahq.org/estatement-studies/). To evaluate the Federal 
contracting factor (i.e., disparity ratios) and exceptions and to 
determine impacts of size standards changes on small business access to 
Federal contracting, SBA examined the data on Federal prime contract 
awards from the FPDS (www.fpds.gov) for fiscal years 2021-2023. To 
assess the impact on financial assistance to small businesses, SBA 
examined its internal data on 7(a), CDC/504, micro, and economic injury 
disaster (EID) loan programs for fiscal years 2021-2023. SBA also 
evaluated the data from the SAM (www.sam.gov) to determine disparity 
ratios, industry factors for some exceptions, and impacts of size 
standards changes.
    Data sources and estimation procedures SBA uses in its size 
standards analysis are documented in greater detail in the SBA's 
Revised Methodology, which is available at www.sba.gov/size and on 
www.regulations.gov.

Dominance in Field of Operation

    Section 3(a) of the Small Business Act (15 U.S.C. 632(a)) defines a 
small business concern as one that is: (1) independently owned and 
operated; (2) not dominant in its field of operation; and (3) within a 
specific small business definition or size standard established by SBA 
Administrator. SBA considers as part of its evaluation whether a 
business concern at a proposed or revised size standard would be 
dominant in its field of operation. For this, SBA generally examines 
the industry's market share of firms at the proposed or revised size 
standard as well as the distribution of firms by size. Market share and 
size distribution may indicate whether a firm can exercise a major 
controlling influence on a national basis in an industry where a 
significant number of business concerns are engaged. If a contemplated 
size standard is found to include a dominant firm, SBA will consider a 
lower size standard to exclude the dominant firm from being defined as 
small.

Selection of Size Standards

    In the 2009 Methodology that SBA applied to the first five-year 
comprehensive review of size standards under the Jobs Act, SBA adopted 
a fixed number of size standards levels as part of its effort to 
simplify size standards. In response to public comments to the 2009 
Methodology, and the 2013 amendment to the Small Business Act (section 
3(a)(8)) under section 1661 of the National Defense Authorization Act 
for Fiscal Year 2013 (NDAA 2013) (Pub. L. 112-239, January 2, 2013), in 
the 2019 Methodology, SBA relaxed the limitation on the number of small 
business size standards. Specifically, section 1661 of NDAA 2013 states 
``SBA cannot limit the number of size standards, and shall assign the 
appropriate size standard to each industry identified by NAICS.''
    As in the 2019 Methodology, in the Revised Methodology, SBA 
calculates a separate size standard for each 6-digit NAICS industry. 
However, to account for errors and limitations associated with various 
data SBA evaluates in the size standards analysis, SBA rounds the 
calculated size standard value for a receipts based size standard to 
the nearest $500,000, except for agricultural industries in Subsectors 
111 and 112 for which the calculated size standards will be rounded to 
the nearest $250,000. This rounding procedure is applied both in 
calculating a size standard for each of the five primary factors and in 
calculating the overall size standard for the industry.
    As a policy decision, SBA continues to maintain the minimum and 
maximum levels for both receipts based and employee based size 
standards. Accordingly, SBA will not generally propose or adopt a size 
standard that is either below the minimum level or above the maximum, 
even though the calculations yield values below the minimum or above 
the maximum. The minimum size standard reflects the size an established 
small business should be to have adequate capabilities and resources to 
be able to compete for and perform Federal contracts (but does not 
account for small businesses that are newly formed or just starting

[[Page 41175]]

operations). On the other hand, the maximum size standard represents 
the size above which businesses, if qualified as small, would 
outcompete much smaller businesses when accessing Federal assistance.
    With respect to receipts based size standards, SBA has established 
$8 million and $47 million, respectively, as the minimum and maximum 
size standard levels (except for most agricultural industries in NAICS 
Subsectors 111 and 112). These levels reflect the current minimum of $8 
million and the current maximum of $47 million. The industry data 
suggests that the $8 million minimum and $47 million maximum size 
standards would be too high for agricultural industries. Accordingly, 
SBA has established $2.25 million as the minimum size standard and $5.5 
million as the maximum size standard for industries in Subsector 111 
(Crop Production) and Subsector 112 (Animal Production and 
Aquaculture).

Evaluation of Industry Factors

    As mentioned earlier, to assess the appropriateness of the current 
size standards, SBA evaluates the structure of each industry in terms 
of four economic characteristics or factors, namely average firm size, 
average assets size as a proxy for startup costs and entry barriers, 
the four-firm concentration ratio as a measure of industry competition, 
and size distribution of firms using the Gini coefficient. For each 
size standard type (i.e., receipts based or employee based), SBA ranks 
industries both in terms of each of the four industry factors and in 
terms of the existing size standard and computes the 20th percentile 
and 80th percentile values for both. SBA then evaluates each industry 
by comparing its value for each industry factor to the 20th percentile 
and 80th percentile values for the corresponding factor for industries 
under a particular type of size standard.
    If the characteristics of an industry under review within a 
particular size standard type are similar to the average 
characteristics of industries within the same size standard type in the 
20th percentile, SBA will consider adopting as an appropriate size 
standard for that industry the 20th percentile value of size standards 
for those industries. For each size standard type, if the industry's 
characteristics are similar to the average characteristics of 
industries in the 80th percentile, SBA will assign a size standard that 
corresponds to the 80th percentile in the size standard rankings of 
industries. A separate size standard is established for each factor 
based on the amount of differences between the factor value for an 
industry under a particular size standard type and 20th percentile and 
80th percentile values for the corresponding factor for all industries 
in the same type. Specifically, the actual level of the new size 
standard for each industry factor is derived by a linear interpolation 
using the 20th percentile and 80th percentile values of that factor and 
corresponding percentiles of size standards. Each calculated size 
standard is bounded between the minimum and maximum size standards 
levels, as discussed before. As noted earlier, the calculated value for 
a receipts based size standard for each industry factor is rounded to 
the nearest $500,000, except for industries in Subsectors 111 and 112 
for which a calculated size standard is rounded to the nearest 
$250,000.
    Table 2, 20th and 80th Percentiles of Industry Factors for Receipts 
Based Size Standards, shows the 20th percentile and 80th percentile 
values for average firm size (simple and weighted), average assets 
size, four-firm concentration ratio, and Gini coefficient for 
industries with receipts based size standards.
[GRAPHIC] [TIFF OMITTED] TP22AU25.002

Estimation of Size Standards Based on Industry Factors

    An estimated size standard supported by each industry factor is 
derived by comparing its value for a specific industry to the 20th 
percentile and 80th percentile values for that factor. If an industry's 
value for a particular factor is near the 20th percentile value in the 
distribution, the supported size standard will be one that is close to 
the 20th percentile value of size standards for industries in the size 
standards group, which is $13.5 million. If a factor for an industry is 
close to the 80th percentile value of that factor, it would support a 
size standard that is close to the 80th percentile value in the 
distribution of size standards, which is $40 million. For a factor that 
is within, above, or below the 20-80th percentile range, the size 
standard is calculated using linear interpolation based on the 20th 
percentile and 80th percentile values for that factor and the 20th 
percentile and 80th percentile values of size standards.
    For example, if an industry's simple average receipts are $1.9 
million, that would support a size standard of $16.5 million. According 
to Table 2, the 20th percentile and 80th percentile values of average 
receipts are $1.09 million and $8.34 million, respectively. The $1.9 
million is 11.2 percent between the 20th percentile value ($1.09 
million) and the 80th percentile value ($8.34 million) of simple 
average receipts (($1.9 million-$1.09 million) / ($8.34 million-$1.09 
million) = 0.112 or 11.2%). Applying this percentage to the

[[Page 41176]]

difference between the 20th percentile value ($13.5 million) and 80th 
percentile ($40 million) value of size standards and then adding the 
result to the 20th percentile size standard value ($13.5 million) 
yields a calculated size standard value of $16.46 million ([{$40 
million-$13.5 million{time}  * 0.112] + $13.5 million = $16.46 
million). The final step is to round the calculated $16.46 million size 
standard to the nearest $500,000, which in this example yields $16.5 
million. This procedure was applied to calculate size standards 
supported by other industry factors.
    Detailed formulas involved in these calculations are presented in 
the SBA's Revised Methodology, which is available on its website at 
www.sba.gov/size and on www.regulations.gov.

Derivation of Size Standards Based on Federal Contracting Factor

    As discussed above, besides industry structure, SBA also evaluates 
Federal contracting data to assess the success of small businesses in 
getting Federal contracts under the existing size standards. For each 
industry with $20 million or more in annual Federal contract dollars, 
SBA computes two disparity ratios to account for the Federal 
contracting factor. The first disparity ratio (Disparity Ratio--Method 
(1) captures the extent to which small businesses are receiving a 
``fair share'' of contracts relative to total number of Federal 
contracts in an industry. The second disparity ratio (Disparity Ratio- 
Method (2) measures the extent to which small businesses are receiving 
a ``fair share'' of Federal contract obligations relative to total 
obligations in an industry. All other factors being equal, if the 
disparity ratio is less than 0.8, either materially or substantially 
below parity, a justification would exist for considering a size 
standard higher than the current size standard. Conversely, if the 
disparity ratio is 0.8 or higher, close to or at parity or 
substantially above parity, this will support the current size 
standard.
    SBA increases the existing size standards by certain percentages 
when the disparity ratio is materially below parity (i.e., >= 0.5 to 
<0.8) or substantially below parity (i.e., <0.5). The amount of 
increases to size standards based on disparity ratios is contingent 
upon (1) whether the ratio is materially or substantially below parity, 
and (2) the level of current size standards. These proposed percentage 
increases for receipts-based size standards are given in Table 3, 
Proposed Adjustments to Receipts Based Size Standards Based on 
Disparity Ratio. As explained previously, adjusted receipts based size 
standards are rounded to the nearest $500,000 (or nearest $250,000 for 
receipts based size standards in Subsectors 111 and 112).
[GRAPHIC] [TIFF OMITTED] TP22AU25.003

    For example, if an industry with the current size standard of $19.5 
million had disparity ratios of 0.6174 (i.e., materially below parity) 
and 0.3006 (i.e., substantially below parity) for Method 1 and Method 
2, respectively. According to the above rule in Table 3, the new size 
standard for the first disparity ratio (Method 1) for that industry 
would be set by multiplying the current $19.5 million standard by 1.3 
(i.e., 30% increase) and then by rounding the result to the nearest 
$500,000, yielding a size standard of $25.5 million. Similarly, the new 
size standard for the second disparity ratio would be set by 
multiplying the current $19.5 million standard by 1.6 (i.e., 60% 
increase) and then by rounding the result to the nearest $500,000, 
yielding a size standard of $31 million. By averaging the size 
standards supported by the two disparity ratios and then by rounding 
the result to the nearest $500,000 would yield a size standard $28.5 
million for the Federal contracting factor.
    Of the 513 industries or subindustries (``exceptions'') reviewed in 
this proposed rule, SBA evaluated the disparity ratios for 207 
industries/subindustries that had $20 million or more in average annual 
Federal contract dollars during fiscal years 2021-2023. Based on Method 
1, the disparity ratio value was 0.8 or higher for 69 industries/
subindustries, between 0.5 and 0.8 for 67 industries/subindustries, and 
less than 0.5 for 63 industries/subindustries. According to Method 2, 
the disparity ratio value was 0.8 or higher for 129 industries/
subindustries, between 0.5 and 0.8 for 21 industries/subindustries, and 
less than 0.5 for 54 industries/subindustries. These results by NAICS 
sector are shown in Table 4, Number of Industries with Receipts Based 
Size Standards by Values of Disparity Ratios (NAICS 2022). Due to the 
lack of relevant data, SBA could not compute the disparity ratio(s) for 
a few industries. Based on the disparity ratio results, the Federal 
contracting factor resulted in increases to size standards for 122 
industries/subindustries and no change to size standards for 81 
industries/subindustries.

Derivation of Overall Industry Size Standard

    The SBA's Revised Methodology presented above results in five 
separate size standards based on evaluation of the five primary factors 
(i.e., four industry factors and one Federal contracting factor). SBA 
typically derives an industry's overall size

[[Page 41177]]

standard by assigning equal weights to size standards supported by each 
of these five factors. However, if necessary, SBA's Revised Methodology 
would allow assigning different weights to some of these factors for 
certain industries in response to its policy decisions and other 
considerations. For detailed calculations, see the SBA's Revised 
Methodology, available on its website at www.sba.gov/size and on 
www.regulations.gov.
BILLING CODE 8026-09-P

[[Page 41178]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.004

BILLING CODE 8026-09-C

[[Page 41179]]

Calculated Size Standards Based on Industry and Federal Contracting 
Factors

    Table 5, Size Standards Supported by Each Factor for Each Industry 
(Receipts), below, shows the results of analyses of industry and 
Federal contracting factors for each industry and subindustry 
(exception) covered by this proposed rule. NAICS industries in columns 
2, 3, 4, 5, 6, 7, 8, and 9 show two numbers. The upper number is the 
value for the industry or Federal contracting factor shown on the top 
of the column and the lower number is the size standard supported by 
that factor. Column 10 shows a calculated new size standard for each 
industry. This is the average of the size standards supported by each 
factor. The size standard for average firm size is an average of size 
standards supported by simple average firm size and weighted average 
firm size. Similarly, the size standard for the Federal contracting 
factor is an average of size standards supported by two disparity 
ratios (Methods 1 and 2). The calculated size standards for each factor 
and overall size standards are rounded to the nearest $500,000 for non-
agriculture industries and rounded to the nearest $250,000 for 
agriculture industries. Analytical details involved in the averaging 
procedure are described in SBA's Revised Methodology, which is 
available on its website at www.sba.gov/size and on 
www.regulations.gov. For comparison with the calculated new size 
standards, the current size standards are in column 11 of Table 5.
BILLING CODE 8026-09-P

[[Page 41180]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.005


[[Page 41181]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.006


[[Page 41182]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.007


[[Page 41183]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.008


[[Page 41184]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.009


[[Page 41185]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.010


[[Page 41186]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.011


[[Page 41187]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.012


[[Page 41188]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.013


[[Page 41189]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.014


[[Page 41190]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.015


[[Page 41191]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.016


[[Page 41192]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.017


[[Page 41193]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.018


[[Page 41194]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.019


[[Page 41195]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.020


[[Page 41196]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.021


[[Page 41197]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.022


[[Page 41198]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.023


[[Page 41199]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.024


[[Page 41200]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.025


[[Page 41201]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.026


[[Page 41202]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.027


[[Page 41203]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.028


[[Page 41204]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.029


[[Page 41205]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.030


[[Page 41206]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.031


[[Page 41207]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.032


[[Page 41208]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.033


[[Page 41209]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.034


[[Page 41210]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.035


[[Page 41211]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.036


[[Page 41212]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.037


[[Page 41213]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.038


[[Page 41214]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.039


[[Page 41215]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.040

BILLING CODE 8026-09-C

[[Page 41216]]

Methodology for Agricultural Size Standards

    As stated elsewhere in this rule, NDAA 2017 directed SBA to 
establish the size standards for agricultural industries in NAICS 
Subsectors 111 and 112 in the same manner that the Agency establishes 
the size standards for other industries and to include them in the 
five-year rolling review under the Jobs Act. Accordingly, in this 
proposed rule, SBA has evaluated those industries using the same 
industry and Federal contracting factors that it uses in evaluating 
characteristics of all other industries and their size standards. 
However, the industry data from the 2017 Agricultural Census tabulation 
reveals that firms in agricultural industries are much smaller than 
those in all other industries with receipts based size standards. 
Therefore, as stated earlier, based on the data, SBA has established 
$2.25 million and $5.5 million as the minimum and maximum receipts 
based size standard levels, respectively, for agricultural industries, 
as opposed to $8 million as the minimum and $47 million as the maximum 
receipts based size standard levels for all other industries. As shown 
in Table 2 (above), except for the Gini coefficient, the 20th 
percentile and 80th percentile values of industry factors are much 
lower for agricultural industries in Subsectors 111 and 112 (except 
NAICS 112112 and 112310) than those for other industries with receipts 
based size standards. Similarly, SBA rounds a calculated receipts based 
size standard for agricultural industries to the nearest $250,000 
instead of rounding it to the nearest $500,000 as for other industries.
    Of the 46 NAICS 6-digit industries in Subsectors 111 and 112, the 
special tabulation of the 2017 Census of Agriculture provided data for 
36 industries at the NAICS 6-digit level. Of the remaining ten (10), 
seven (7) were aggregated at three different 5-digit NAICS levels and 
three (3) were aggregated at one 4-digit NAICS level. SBA ranked these 
40 industry categories (i.e., thirty-six (36) 6-digit, three (3) 3-
digit, and one (1) 4-digit) in terms of each industry factor and 
obtained the 20th percentile an 80th percentile values for each factor. 
The results are shown in Table 2. Based on the current size standards 
for industries in Subsectors 111 and 112, SBA computed $2.5 million as 
the 20th percentile and $4 million as 80th percentile values of size 
standards for agricultural industries. Combining these results with the 
20th percentile and 80th percentile values of industry factors for 
agricultural industries in Table 2, SBA computed a size standard for 
each factor for each industry. These results are provided in Table 5, 
above.
    For the 10 industries for which the data did not exist at the 6-
digit NAICS level, SBA estimated the size standard at the 5- or 4-digit 
NAICS level at which the data were available and applied the same 
results to the relevant 6-digit NAICS levels. These results are shown, 
below, in Table 7, Calculated Agricultural Size Standards at the 4- or 
5-Digit NAICS Level Matched to the 6-Digit Level.
BILLING CODE 8026-09-P

[[Page 41217]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.041

BILLING CODE 8026-09-C

Evaluation of Size Standards for Subindustry Categories or 
``Exceptions''

    The SBA's table of size standards contains 13 receipts based size 
standards for subindustry categories below the six-digit NAICS level, 
which are commonly referred to as ``exceptions'' and used specifically 
for Federal Government contracting purposes. The data from the Census 
Bureau's 2017 Economic Census special tabulation are limited to the 
six-digit NAICS industry level and therefore do not provide information 
on economic characteristics of firms at the subindustry level. In 
accordance with SBA's approach to evaluating size standards for 
subindustry categories (or ``exceptions''), SBA has evaluated the 13 
exceptions covered by this rule using the procedures described in the 
SBA's Revised Methodology. Specifically, SBA uses data from FPDS and 
SAM to derive the industry and Federal contracting factors to evaluate 
size standards at the subindustry levels. Under the Revised 
Methodology, the Agency also uses the same data sources to derive the 
20th and 80th percentile values of industry factors to evaluate 
exceptions. Based on the FPDS/SAM data for fiscal years 2021-2023, the 
20th percentile and 80th percentile values of industry factors for 
receipts based exceptions are shown in Table 7, 20th and 80th 
Percentiles of Industry Factors for Receipts Based Exceptions, below. 
The results from the analyses of receipts based exceptions are 
discussed in the following subsections.

[[Page 41218]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.042

Forest Fire Suppression and Fuel Management Services Exceptions

    Forest Fire Suppression and Fuels Management Services are two 
subindustry categories or ``exceptions'' under NAICS 115310 (Support 
Activities for Forestry), each with the current size standard of $34 
million in average annual receipts. In 2003, SBA established a 
different size standard for these subindustry activities (68 FR 33348, 
June 4, 2003). In 2013, as part of the first five-year review of size 
standards under the Jobs Act, SBA maintained the then existing $17.5 
million as the size standard for these exceptions (78 FR 37398; June 
20, 2013), and subsequently, as part of the 2014 adjustment to monetary 
based size standards for inflation, the Agency increased the size 
standard from $17.5 million to $19 million (79 FR 33647, June 12, 
2014), and as part of the 2019 inflationary adjustment of monetary 
based size standards, it was increased from $19 million to $20.5 
million (84 FR 34261, July 18, 2019).
    In 2020, as part of the second five-year review of size standards 
under the Jobs Act, SBA proposed $25 million as the size standard for 
both Forest Fire Suppression and Fuel Management Services exceptions. 
The data supported $23.5 million but SBA proposed a higher $25 million 
for the reasons discussed in the October 2020 proposed rule (85 FR 
62239; October 2, 2020). In the final rule, in response to public 
comments and results from more recent data, SBA adopted a $30 million 
size standard for these exceptions (87 FR 18607; March 31, 2022), which 
was subsequently increased to $34 million as part of the 2022 
adjustment of monetary based size standards for inflation (87 FR 69118; 
November 17, 2022).
    The data from the 2017 Census Bureau and NASS special tabulations 
are limited to the 6-digit NAICS industry level, and hence, do not 
provide separate data to evaluate a size standard at the subindustry 
level. As such, SBA relied upon data from other sources to evaluate the 
current $34 million size standard for both exceptions.
    Firms engaged in the Forest Fire Suppression and Fuels Management 
Services subindustries or exceptions were identified from the 
contracting data reported in FPDS during fiscal years 2021-2023 and 
data obtained from the USDA Forest Service. Specifically, the contracts 
under Forest Fire Suppression and Fuels Management Services exceptions 
can be identified as those classified within NAICS 115310 under the 
Product and Services Code (PSC) F003 (Natural Resources/Conservation--
Forest-Range Fire Suppression/Presuppression). SBA also evaluated the 
contract data from the USDA Forest Service National Interagency Fire 
Center (https://www.fs.fed.us/managing-land/fire and http://www.fs.fed.us/business/incident/vipr.php). SBA also evaluated the 
description of requirements of the contracts for Forest Fire 
Suppression and Fuels Management Services in FPDS to identify principal 
activities related to forest fire suppression and fuel management 
services and to differentiate them from other support activities for 
forestry. SBA identified activities associated with specialized crews, 
equipment and engines with trained personnel that are critical to 
perform the tasks of suppressing or managing fires as principal 
activities and other activities, such as leases of equipment, machinery 
and transportation vehicles, or provision of services that do not 
require specialized personnel or training as supporting activities. 
Since most firms involved in Fire Suppression Services were also found 
to be involved in Fuels Management Services and vice versa, SBA 
analyzed the two exceptions as one subindustry category.
    Additionally, SBA obtained receipts and employment data on forest 
fire suppression contractors for the fiscal years 2021-2023 from FPDS 
and SAM to develop industry and Federal contracting factors for 
evaluating the size standard for the two exceptions. SBA chose firms 
with receipts greater than zero and less than $1 billion. For the 
forest fire suppression industry, firms with receipts over $1 billion 
are outliers and their revenues would skew the data. For firms with 
receipts over $1 billion, Federal forest suppression contracts 
contributed to less than 0.01 percent of their total receipts. 
Similarly, firms with receipts at or below zero have insignificant 
contributions to total Federal contract dollars obligated to the fire 
suppression industry.
    Finally, SBA also excluded from analysis firms with more than 1,500 
employees, as fire suppression is not the primary activity for 
enterprises with over 1,500 employees. For example, for companies with 
over 1,500 employees, fire suppression contract dollars accounted for 
less than 0.01 percent of their total receipts.
    Table 8, below, shows the results from the analysis of these 
subindustries, which support a $20 million receipts based size standard 
for Forest Fire Suppression and Management Services exceptions compared 
to the current $34 million. SBA also evaluated information from 
agencies that deal with fire suppression activity, and analyzed the 
effects of the time and intensity increases of the wildfire activity. 
Given the inherent uncertainty of forest fires and recent surges in 
forest fire incidents and significantly extended fire seasons in recent 
years, SBA believes that contracting officers need flexibility to hire 
enough small businesses, especially in the worst-case scenario. In a 
very busy fire season, it is plausible to assume fire seasons of 180 
days of shifts of 14 hours. A crew generally consists of 18-20 
firefighters. Therefore, for 6 crews (i.e., the average number of crews

[[Page 41219]]

among a sample of firefighting contractors during 2021-2024) with 20 
firefighters each at 61 dollars per person per hour (the average hourly 
rate estimated from a sample of fire suppression contracts for 2021 to 
2024), for a season of 180 days and shifts of 14 hours, the total 
revenue is about $18 million. For firms with 11 crews, the total 
revenue could easily reach $34 million. These estimates consider only 
the revenue from firefighting activities during the fire seasons, not 
the revenue from non-firefighting activities during the off-seasons. 
The hourly forest fire suppression costs have increased about 42 
percent since the last review of the Forest Fire Suppression and Fuel 
Management Services exception size standard, mainly due to increases in 
hourly wages, equipment, and material costs. The hourly rates include 
only payments to firefighters that relate to direct fire suppression 
activities, including wages, materials, equipment, vehicles, insurance, 
etc. These amounts do not include payments for fire engines, water 
tenders, food caterers, etc., which are classified under different 
NAICS codes.
    SBA methodological analysis supports a $20 million size standard 
for Forest Fire Suppression and Fuel Management Services exceptions. 
Nevertheless, given the recent increases to the wildfire activity and 
fire suppression costs and its proposed policy of not diminishing any 
size standards even if analytical results might support decreases to 
size standards, SBA proposes to keep the size standard for the Forest 
Fire Suppression and Fuels Management Services exceptions at $34 
million, and seeks comments on this proposal.
BILLING CODE 8026-09-P
[GRAPHIC] [TIFF OMITTED] TP22AU25.043

BILLING CODE 8026-09-C

Dredging and Surface Cleanup Activities

    The Dredging and Surface Cleanup Activities (Dredging) size 
standard is an exception established by SBA within NAICS 237990 (Other 
Heavy and Civil Engineering Construction). As stated previously, the 
data from the Census Bureau's special tabulation of the Economic Census 
is limited to the 6-digit NAICS industry level, and hence, does not 
provide separate data at the subindustry level to evaluate exceptions. 
Accordingly, SBA relied upon the data from other sources to evaluate 
the current $37 million size standard for Dredging.
    SBA identified firms engaged in the Dredging subindustry using the 
contract awards data within NAICS 237990 in FPDS for fiscal years 2021-
2023. Specifically, dredging contracts were identified as those 
classified under one of the following Product and Service Codes (PSCs): 
C1KF--Architect and Engineering Construction--Dredging Facilities; 
M1KF--Operation of Dredging Facilities; X1KF--Lease/Rental of Dredging 
Facilities; Y1KF--Construction of Dredging Facilities; Y216--
Construction of Dredging; Z1KF--Maintenance of Dredging Facilities; 
Z2KF--Repair or Alternation of Dredging Facilities; Z216--Maintenance, 
Repair or Alteration of Dredging; and 1955--Dredges.
    SBA obtained receipts and employment data for the identified 
Dredging firms from SAM and FPDS to develop industry and Federal 
contracting factors for Dredging. Contracting data from the US Army 
Corps of Engineers' Navigation and Civil Works Decision Support Center 
(NDC) and annual reports from Dredging Contractors of America (DCA) 
were also considered, but not included in the analysis as neither 
provide business size and have lower Dredging firm coverage than FPDS. 
Firms with extreme observations, firms with joint venture contracts, 
and those for which Dredging Federal contracts dollars accounted for a 
very small percentage of their average annual receipts were excluded 
from the analysis. Following these data cleaning steps, SBA evaluated 
128 resultant Dredging firms that have received Federal contracts under 
NAICS 237990 and the above PSCs during fiscal years 2021-2023.

[[Page 41220]]

    Recently adopted methodological changes that impact calculated size 
standards include: (1) Replacing the 2019 Methodology for computing the 
Federal contracting factor with the disparity ratio approach to 
evaluate all industries and subindustries or ``exceptions,'' and (2) 
Using standardized FPDS/SAM data in place of Economic Census data for 
computation of the 20th percentile and 80th percentile values of 
industry factors to evaluate exceptions. The 20th percentile and 80th 
percentile values of industry factors for receipts based exceptions can 
be found on Table 7, above. The disparity ratio thresholds and amounts 
of size standards adjustments can be found on Table 3, above.
BILLING CODE 8026-09-P
[GRAPHIC] [TIFF OMITTED] TP22AU25.044

BILLING CODE 8026-09-C
    Table 9, Size Standards Supported by Each Factor for Dredging 
Exception to NAICS 237990 ($ Million), above, shows the results from 
the analysis of the Dredging subindustry that support lowering the 
current $37 million size standard for the Dredging exception to $21.5 
million. As shown in Table 5, the results for overall NAICS 237990 also 
yields a smaller calculated size standard of $30 million, as compared 
to the current size standard of $45 million. Thus, while the latest 
available industry and Federal contracting data support lowering the 
size standards for both overall NAICS 237990 and Dredging, the results 
still support maintaining a distinct, lower size standard for Dredging.
    Of the 128 Dredging firms that received Federal contracts during 
fiscal years 2021-2023, 110 (or 85.9%) would be considered small under 
the current $37 million size standard. Under the calculated $21.5 
million size standard, 97 firms (or 75.8%) would be considered small. 
Thus, 11.8 percent of currently small Dredging firms receiving Federal 
contracts would be impacted if SBA were to adopt the calculated $21.5 
million size standard for Dredging.
    For the reasons for not decreasing size standards discussed 
elsewhere in this proposed rule, SBA is proposing to maintain the 
current size standard of $45 million for the overall NAICS 237990 and 
the current size standard of $37 million for the Dredging exception 
even if the data suggested that both size standards might be decreased. 
However, SBA is seeking comments on whether Dredging should continue to 
be treated as an exception to NAICS 237990 or if it should be 
eliminated and subject it to the same overall NAICS 237990 industry 
size standard.

Non-Vessel Owning Common Carriers and Household Goods Forwarders

    Non-Vessel Owning Common Carriers and Household Good Forwarders 
(NVOCCHGF) is an ``exception'' or subindustry under NAICS 488510 
(Freight Transportation Arrangement), with the size standard of $34 
million in average annual receipts. As stated above, the data that SBA 
receives from the Census Bureau's Economic Census special tabulation 
are limited to the 6-digit NAICS industry level and therefore do not 
provide information on economic characteristics of firms at the sub-
industry level. Thus, for reviewing or modifying size standards at the 
subindustry levels (``exceptions''), SBA normally evaluates the data 
from FPDS and SAM using a two-step procedure. First, using FPDS, SBA 
identifies Product and Service Codes (PSCs) that correspond to specific 
exceptions. SBA then identifies firms that have received Federal 
contracts under those PSCs and

[[Page 41221]]

evaluates their receipts and employee data from SAM and FPDS to derive 
the values for industry and Federal contracting factors.
    Contracting activity for NAICS 488510 including the NVOCCHGF 
exception is distributed over 70 different PSCs. Using FPDS data for 
fiscal years 2021-2023, SBA identified five primary PSCs that 
correspond to the overall industry including the exception, accounting 
for 97.8 percent of total dollars obligated on NAICS 488510. These PSCs 
are V119 (Transportation/Travel/Relocation--Transportation: Other), 
V111 (Transportation/Travel/Relocation--Transportation: Air Freight), 
V112 (Transportation/Travel/Relocation--Transportation: Motor Freight), 
R706 (Support--Management: Logistics Support), and V115 
(Transportation/Travel/Relocation--Transportation: Vessel Freight). The 
top PSC, V119, alone accounts for nearly 80 percent of total dollars 
obligated to NAICS 488510. Table 10, Top Five PSCs of NAICS 488510 and 
Average Dollars Obligated, Fiscal Years 2021-2023, below, identifies 
these five PSCs and their average annual total dollars obligated for 
the fiscal years 2021-2023.
    SBA analyzed the contracting activities under these PSCs, but the 
Agency was unable to reliably differentiate the level of activity 
corresponding to the NVOCCHGF exception versus the overall NAICS 488510 
industry, and hence to identify any PSCs that would correspond uniquely 
to the exception.
[GRAPHIC] [TIFF OMITTED] TP22AU25.045

    SBA also reviewed the distribution of Federal contracts awarded to 
small and other than small businesses in the overall NAICS 488510 
industry for fiscal years 2022-2023. SBA found that only about $6 
million or 1.4 percent of the $422 million obligated to the overall 
NAICS 488510 industry went to small businesses. Thus, while the total 
contracting dollars obligated to all firms in the industry is 
significant, the total dollars obligated to small firms is not. 
Additionally, the top agencies using NAICS 488510 are Departments of 
Army and Navy, which account for 92.4 percent of total dollars 
obligated during the period evaluated.
    To differentiate the NVOCCHGF exception from the overall NAICS 
488510 industry and to determine its economic characteristics, as part 
of the second five-year review of size standards, in the 2020 proposed 
rule (85 FR 62372, October 2, 2020), SBA evaluated the 2012 Economic 
Census subindustry data found in the U.S. Census Bureau American 
FactFinder. The 2012 Economic Census data divided NAICS 488510 in two 
sub-components identified with an additional digit (such break down was 
not available in the 2017 Economic Census data). The first 7-digit 
NAICS 4885101 corresponded to Freight Forwarders and the second 7-digit 
NAICS 4885102 corresponded to Arrangement of Transportation of Freight 
and Cargo. The NAICS 4885101 includes non-vessel operating common 
carrier (NVOCC) service as one of the principal activities. SBA 
understood that NAICS 4885101 corresponds to the activity classified as 
an exception to the general NAICS 6-digit 488510. NAICS 4885101 
includes multimodal activities supporting transportation, and the firms 
assume responsibility for delivery of the goods.\9\
---------------------------------------------------------------------------

    \9\ The Census definition is: ``This U.S. Census Bureau NAICS-
based industry comprises establishments primarily engaged in 
undertaking the transportation of goods from shippers to receivers 
for a charge covering the entire transportation, and in turn making 
use of the services of various freight carriers in affecting 
delivery, paying transportation charges, and assuming responsibility 
for delivery of the goods. There is no relationship between shippers 
and the various freight carriers delivering the goods.''
---------------------------------------------------------------------------

    In the 2020 proposed rule, SBA compared the economic 
characteristics of NAICS 4885101 to those for the

[[Page 41222]]

overall industry and found them to be similar. The results are provided 
in Table 6 of the 2020 proposed rule (p. 62382), Industry Comparison 
NAICS 488510 and NAICS 4885101. Despite the similarities between the 
overall NAICS 488510 industry and the NVOCCHGF exception, in light of 
important distinctions between freight forwarders and NVOCCs, as 
discussed in the 2020 proposed rule, SBA proposed to retain the 
exception with a higher $30 million size standard than the proposed 
$17.5 million size standard for the overall industry, which SBA adopted 
in the final rule (87 FR 18627, March 31, 2022).
    Nevertheless, in this proposed rule, considering similarities in 
economic characteristics between the NVOCCHGF exception and the overall 
NAICS 488510 industry, absence of uniquely identifiable PSCs 
corresponding to the exception, and a lack of other industry data to 
adequately evaluate the exception industry, SBA is proposing to 
eliminate the NVOCCHGF exception to NAICS 488510. Furthermore, 
considering very low utilization of small businesses in Federal 
contracting under the current size standard, SBA proposes to apply to 
the general NAICS 488510 industry a higher $34 million size standard 
that currently applies to the NVOCCHGF exception. The evaluation of the 
most industry and Federal contracting factors of firms receiving 
Federal contracts under the above mentioned top five PSCs in NAICS 
488510 using the FPDS data also suggests that a size standard that is 
significantly higher than the current $20 million standard is warranted 
for NAICS 488510. Additionally, the proposed higher $34 million size 
standard would enable firms that currently qualify as small under the 
NVOCCHGF exception size standard to continue their eligibility for 
small business assistance. Finally, this is also consistent with SBA's 
proposed policy of not decreasing any size standards except for 
excluding dominant firms from qualifying as small.
    SBA invites comments, along with supporting information, on this 
proposal as well as suggestions on whether the proposed elimination of 
the NVOCCHGF exception to NAICS 488510 and the application of the 
proposed $34 million for the overall NAICS 488510 industry are 
appropriate, even though the analytical results support a lower $23.5 
million size standard for that industry.

Exception to NAICS Industry Group 5311 (Lessors of Real Estate): 
Leasing of Building Space to the Federal Government by Owners

    The current size standard for Federal contracts for Leasing of 
Building Space to Federal Government by Owners (``exception'' to NAICS 
Industry Group 5311 (NAICS 531110, 531120, 531130, and 531190)) is $47 
million in average annual receipts. This size standard applies only to 
certain Federal contracting opportunities that meet specific criteria. 
Footnote 9 of SBA's table of size standards (13 CFR 121.201) reads: 
``For Government procurement, a size standard of $47 million in gross 
receipts applies to the owners of building space leased to the Federal 
Government. This size standard does not apply to an agent.''
    To determine if the current $47 million size standard to the 
exception is appropriate, SBA evaluated average firm size, average 
assets size, market concentration, and size distribution of firms 
involved in Leasing of Building Space to Federal Government by Owners. 
SBA used data from FPDS and SAM and followed the two-step procedure 
described in Revised Methodology. Based on the data for fiscal years 
2021-2023, Federal contracts awarded to NAICS 531110, 531120, 531130, 
and 531190 averaged about $203 million annually, with the largest 
percentage going to NAICS 531120 (55.2%). First, SBA chose to analyze 
firms that were awarded contracts to the following Product and Service 
Codes (PSCs): X111/X1AA (Lease/Rental of Office Buildings), X1FA 
(Lease/Rental of Family Housing Facilities), X1AZ (Lease/Rental of 
Other Administrative Facilities and Service Buildings), X1FZ (Lease/
Rental of Other Residential Buildings), and X1GZ/X179 (Lease/Rental of 
Other Warehouse Buildings) across the four industries within NAICS 
Industry Group 5311. As shown in Table 11, Selected PSCs in NAICS 
Industry Group 5311 and Average Total Dollars Obligated, Fiscal Years 
2021-2023, below, dollars obligated to these PSCs averaged $97 million 
annually in fiscal years 2021-2023, which represents 47.9 percent of 
total dollars obligated to these four NAICS 6-digit industries. The 
Lease/Rental of Office Buildings, X111/X1AA, alone, accounted for 30.3 
percent. Then, SBA evaluated the size and contract data on those firms 
from FPDS and SAM to obtain industry and Federal contracting factors. 
The results, as shown in Table 12, Size Standards Supported by Each 
Factor for Leasing of Building Space to the Federal Government by 
Owners Exception to NAICS 5311 ($ Million), below, support a size 
standard of $43.5 million.
    However, for reasons for not decreasing size standards as explained 
elsewhere in this proposed rule, SBA is retaining the current $47 
million size standard for Leasing of Building Space to the Federal 
Government by Owners, even though the analytical results support a 
lower $43.5 million size standard.
BILLING CODE 8026-09-P

[[Page 41223]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.046

[GRAPHIC] [TIFF OMITTED] TP22AU25.047

BILLING CODE 8026-09-C

Exceptions to NAICS 541330: Military and Aerospace Equipment and 
Military Weapons; Contracts and Subcontracts for Engineering Services 
Awarded Under the National Energy Policy Act of 1992; Marine 
Engineering and Naval Architecture

    Currently, NAICS 541330 (Engineering Services) has four size 
standards that apply to Federal contracts for different classifications 
of engineering services. In addition to general Engineering Services 
with a size standard of $25.5 million in average annual receipts, there 
are three subindustry groups or ``exceptions'', each with a size 
standard of $47 million: Exception 1--Military and Aerospace Equipment 
and Military Weapons (MAEMW), Exception 2--Contracts and Subcontracts 
for Engineering Services Awarded Under the National Energy Policy Act 
of 1992, and Exception 3--Marine Engineering and Naval Architecture 
(MENA).
    SBA's recent changes to its size standards methodology that impact 
calculated size standards for the exceptions include: (1) Replacing the 
2019 Methodology for computing the Federal contracting factor with the 
disparity ratio approach, and (2) Using standardized FPDS/SAM data to 
compute the 20th percentile and 80th percentile values of industry 
factors to evaluate exceptions. Table 3, above, shows the disparity 
ratio thresholds and size standard adjustment amounts. Table 7, above, 
shows the 20th percentile and 80th percentile values of industry 
factors for receipts based exceptions.
    As stated previously, the data in the 2017 Economic Census special 
tabulation is limited to the 6-digit NAICS industry level; subindustry 
level data to evaluate exceptions are not available. FPDS/SAM is the 
primary data source to evaluate exceptions, including the current $47 
million size standard for the three exceptions under NAICS 541330. The 
Economic Census data for NAICS 541330 are aggregates of both general 
engineering services and specialized engineering services that fall 
under the three exceptions. Thus, the results based on the Economic 
Census data for NAICS 541330 may not accurately reflect the 
characteristics of businesses providing specialized services included 
under those exceptions. The lack of relevant data at the subindustry 
level makes it challenging to determine whether the current $47 million 
size standard for the three exceptions should be revised or left 
unchanged.

[[Page 41224]]

    To determine whether the Agency should consider revising the 
current $47 million size standard for three exceptions under NAICS 
541330, SBA evaluated the FY 2021-2023 data from FPDS/SAM using a two-
step procedure. First, using FPDS, SBA identified Product and Service 
Codes (PSCs) that correspond to the MAEMW and MENA exceptions. SBA then 
identified firms that have received Federal contracts under those PSCs 
and evaluated their size data from FPDS/SAM to derive the values of 
industry and Federal contracting factors for evaluating those 
exceptions.
    Using the FPDS data for fiscal years 2021-2023, SBA identified 91 
PSCs that correspond to the MAEMW exception. A total of 304 unique 
firms were found to have received contracts under those 91 PSCs. SBA 
analyzed the size and contracting data of these firms to derive the 
industry and Federal contracting factors for the MAEMW exception. As 
shown in Table 13, below, the results supported a $41 million size 
standard for the MAEMW exception, as compared to the current $47 
million size standard.
BILLING CODE 8026-09-P
[GRAPHIC] [TIFF OMITTED] TP22AU25.076

BILLING CODE 8026-09-C
    Of the 304 firms that received Federal contracts for engineering 
services under the MAEMW exception, 245 or 80.6 percent were classified 
as small under the current $47 million size standard. The calculated 
$41 million size standard would classify 243 firms, or 79.9 percent, as 
``small''. Thus, if SBA were to adopt a lower $41 million calculated 
size standard for the MAEMW exception, it would cause only two 
currently small MAEMW firms, or 0.7 percent, to lose their small 
business status. Those two firms received about $63.2 million in annual 
small business contract dollars during fiscal years 2021-2023, 
accounting for less than 1 percent of total contract dollars that were 
awarded to all firms under the MAEMW exception. Causing those firms to 
lose their small business status would put about 286 engineering jobs 
at risk. Such a proposal would also run counter to SBA's proposed 
policy of not lowering size standards, except for excluding dominant 
firms from qualifying as small.
    Similarly, SBA identified 42 PSCs that correspond to the scope of 
work under the MENA exception, covering a total of 129 unique firms. 
SBA analyzed the size and contracting data of these firms to derive the 
industry and Federal contracting factors for the MENA exception. As 
shown in Table 13, above, the results supported a $26 million size 
standard for the MENA exception.
    Of the 129 firms that received Federal contracts for engineering 
services under the MENA exception, 108 or 83.7 percent were classified 
as small under the current $47 million size standard. The calculated 
$26 million size standard would classify 98 firms, or 76.0 percent, as 
``small''. Thus, if SBA were to adopt a lower $26 million calculated 
size standard for the MENA exception, it would cause 10 currently small 
MENA firms, or 7.8 percent, to lose their small business status. Those 
10 firms received about $301.7 million in annual small business 
contract dollars, accounting for more than 4.6 percent of total 
contract dollars that were awarded to all firms under the MENA 
exception. Causing those firms to lose their small business status 
would put about 1,365 engineering jobs at risk. As stated above with 
respect to decreasing the size standard for the MAEMW exception, such a 
proposal would also run counter to SBA's proposed policy of not 
lowering size standards, except for excluding dominant firms from 
qualifying as small.
    As shown in Table 5, above, the results support a $29 million size 
standard for the general NAICS 541330 engineering industry. Thus, with 
a $41 million calculated size standard for the MAEMW exception and a 
$26 million calculated size standard for the MENA exception, the 
results continue to support maintaining MAEMW, but not MENA as separate 
exception categories under NAICS 541330 with a higher size standard. 
Moreover, although the analytical results suggest decreases from the 
current $47 million to the calculated $41 million for the MAEMW 
exception and to $26 million for the MENA

[[Page 41225]]

exception, consistent with SBA's policy of not lowering any size 
standards, SBA proposes to maintain the current $47 million size 
standard for both exceptions.
    The FPDS showed very few actions involving Contracts and 
Subcontracts for Engineering Services Awarded Under the National Energy 
Policy Act of 1992. However, section 3021 of the National Energy Policy 
Act of 1992 provides that for purposes of contracts and sub-contracts 
requiring engineering services, the applicable size standard shall be 
that established for military and aerospace equipment and military 
weapons (106 Stat. 2776; Pub. L. 102-486 (October 24, 1992)). 
Accordingly, SBA also proposes to retain the same $47 million receipts 
based size standard for the exception that applies to Contracts and 
Subcontracts for Engineering Services Awarded Under the National Energy 
Policy Act of 1992.

Definitions of Engineering Services Exceptions

    Based on its review of PSCs designated under NAICS 541330, using 
FPDS/SAM information, SBA found imprecise use of PSCs by agencies in 
applying the MAEMW and MENA exceptions to engineering contracts. For 
example, agencies have applied certain PSCs (e.g., R425--Support-
Professional: Engineering/Technical) that seem to pertain to general 
engineering services as opposed to specialized engineering services 
under those exceptions. SBA attributes this imprecision in PSC 
selection by agencies to the lack of definitions of these exceptions. 
Accordingly, based on reviews of pertinent SBA Office of Hearings of 
Appeal (OHA) NAICS code appeal cases, the NAICS 541330 industry 
definition, descriptions of PSCs, and descriptions of contracts that 
clearly pertain to the exceptions, SBA is proposing to include the 
following definitions for engineering services exceptions to its table 
of size standards in 13 CFR 121.201 as Footnotes 19 and seeking comment 
on whether the proposed definitions are appropriate.
    19. NAICS code 541330--(a) ``Engineering Services'' means applying 
physical laws and principles of engineering in the design, development, 
and utilization of machines, materials, instruments, structures, 
processes, and systems. These may involve any of the following 
activities: provision of advice, preparation of feasibility studies, 
preparation of preliminary and final plans and designs, provision of 
technical services during the construction or installation phase, 
inspection and evaluation of engineering projects, and related 
services.
    (b) Exception 1--Military Equipment, Aerospace Equipment, and 
Military Weapons:
    This exception applies when agencies procure highly specialized 
engineering services that are specifically and directly related to 
military and aerospace platforms, systems, and technologies. This 
includes work on military equipment, such as tanks, armored vehicles, 
drones, missile systems, C4ISR systems, radar and sonar systems, and 
other tactical or ground-based technologies. It also includes aerospace 
systems, such as satellites, launch vehicles, spacecraft, navigation 
and propulsion systems, and defense-related aeronautical engineering. 
Additionally, the exception covers military weapons and weapon systems, 
including guns, torpedoes, ballistic missile defense, nuclear weapons 
systems, and emerging technologies like directed energy weapons (e.g., 
lasers). Associated specialized services, such as systems integration, 
sustainment engineering, testing and evaluation, tech refreshes, and 
modeling/simulation designed for military or aerospace purposes also 
qualify. This exception is not limited to military contracts; it can 
also apply to civilian agencies or commercial efforts that involve 
defense-related equipment or applications. However, it excludes 
standard civil and commercial engineering services (e.g., roads, 
bridges, utilities, and facilities), and non-defense aerospace 
projects.
    (c) Exception 2--Contracts and Subcontracts for Engineering 
Services Awarded Under the National Energy Policy Act of 1992: This 
exception applies to contracts and subcontracts for engineering 
services, as defined in (a) above, awarded under the National Energy 
Policy Act of 1992 (NEPA). Section 3021 of NEPA provides that for 
purposes of contracts and sub-contracts requiring engineering services, 
the applicable size standard shall be that established for military and 
aerospace equipment and military weapons (106 Stat. 2776; Pub. L. 102-
486 (October 24, 1992)).
    (d) Exception 3--Marine Engineering and Naval Architecture under 
NAICS 541330: This exception applies when work involves highly 
specialized engineering services that are specifically and directly 
related to marine vessels and naval systems. Covered areas include ship 
and vessel design, such as Navy ships, submarines, Coast Guard cutters, 
commercial or military cargo vessels, and special-purpose vessels like 
icebreakers and autonomous ships. It also includes marine engineering, 
such as propulsion and steering systems, HVAC, electrical, fuel, 
ballast, and onboard fluid handling systems, as well as the integration 
of weapons systems and onboard system modeling. Naval architectural 
services, such as hull form development, hydrodynamic performance, 
buoyancy and stability analysis, weight distribution, seakeeping, and 
propulsion system design are also included. Also covered are support 
services, such as ship modification, modernization, damage control, 
survivability engineering, sea trials instrumentation, and assistance 
with regulatory certifications. Excluded from this exception are 
general civil marine structures (e.g., docks, piers, canals), 
environmental engineering not related to ships, and architectural 
services for shipyards or administrative buildings.

Exception to NAICS 611519: Job Corps Centers

    The current size standard for Federal contracts for Job Corps 
Centers (``exception'' to NAICS 611519, Other Technical and Trade 
Schools) is $47 million in average annual receipts. This size standard 
applies to Federal contracts that meet specific criteria. The criteria 
required of a Job Corps Center contract or SBA-recognized operator are 
detailed in Footnote 16 to SBA's table of size standards (13 CFR 
121.201), which reads: ``For classifying a Federal procurement, the 
purpose of the solicitation must be for the management and operation of 
a U.S. Department of Labor Job Corps Center. The activities involved 
include admissions activities, life skills training, educational 
activities, comprehensive career preparation activities, career 
development activities, career transition activities, as well as the 
management and support functions and services needed to operate and 
maintain the facility. For SBA assistance as a small business concern, 
other than for Federal Government procurements, a concern must be 
primarily engaged in providing the services to operate and maintain 
Federal Job Corps Centers.''

[[Page 41226]]

    As noted previously, the data from the 2017 Economic Census special 
tabulation are limited to the 6-digit NAICS industry level and hence do 
not provide data to assess economic characteristics at the subindustry 
level. For example, the Economic Census data for NAICS 611519 are 
aggregates of both Other Technical and Trade Schools and the more 
specialized establishments under the Job Corps Centers (JCC) exception. 
Thus, the results based on the Economic Census data alone may not 
accurately reflect the characteristics of businesses providing 
specialized services included under the exception. The lack of relevant 
data at the subindustry level is a challenge to determining whether the 
size standard for the JCC exception should be revised or left 
unchanged.
    To determine whether the Agency should propose revising the size 
standard for the JCC exception under NAICS 611519, SBA analyzed data 
from the U.S. Department of Labor (DOL) website which includes a list 
of Job Corps Centers and their respective operators (available at 
https://www.dol.gov/agencies/eta/jobcorps/contact). SBA found a total 
of 24 unique entities (including two government-owned entities and one 
joint venture) listed on the DOL website that support the operations of 
about 120 Job Corps Centers around the country. SBA evaluated the data 
from FPDS and SAM to obtain size information of those 21 non-
governmental operators. Two governmental entities and a joint venture 
were excluded from the analysis. From FPDS, SBA first identified firms 
that have a principal NAICS code of 611519. SBA then identified Product 
and Service Codes (PSCs) that correspond to the JCC exception by 
filtering the data for contracts awarded to private firms providing job 
corps services. SBA identified five PSCs from this search, namely: 
M1CZ--Operation of Other Educational Buildings, U006--Education/
Training--Vocational/Technical, M139--Operation of Govt Other 
Educational Buildings, U099--Education/Training--Other, and U009--
Education/Training--General. Using this method, SBA identified 219 
unique firms that had a principal NAICS code of 611519 (including the 
21 non-governmental JCC operators found on the DOL website) and were 
active in Federal contracting involving the above identified PSCs. For 
fiscal years 2021-2023, the total annual average contract dollars 
obligated to all PSCs under NAICS 611519 was $1,476.3 million. The 
total annual average contract dollars obligated under the above five 
PSCs was $1,437.9 million, which represents 97.4 percent of the total 
dollars obligated to NAICS 611519 during fiscal years 2021-2023. Among 
the five PSCs, M1CZ, alone, accounted for 80.1 percent of total dollars 
obligated to all PSCs under NAICS 611519.
    The results from SBA's analysis are presented in Table 12, Size 
Standards Supported by Each Factor for Job Corps Centers Exception to 
NAICS 611519 ($ Million), below. The results support decreasing the 
current size standard for the JCC exception to $36 million. However, 
for reasons discussed below in the ``Justification for Not Decreasing 
Size Standards'' section of this proposed rule, below, SBA proposes to 
retain the current $47 million receipts base size standard for the JCC 
exception and seeks comment, along with supporting information, on 
whether the SBA's proposal is appropriate or the Agency should adopt 
the calculated size standard of $36 million.
BILLING CODE 8026-09-P

[[Page 41227]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.077

BILLING CODE 8026-09-C

Evaluation of Size Standard for NAICS 491110, Postal Service

    NAICS 491110 is one of a few industries that are not covered by 
both Economic Census and County Business Patterns Reports. Because of 
the lack of industry data to review the industry structure, SBA is 
proposing to leave the size standard for NAICS 491110 at the current 
level of $9 million in average annual revenue. However, one of the 
disparity ratios (Disparity Ratio--Method 1) supported a $14.5 million 
size standard. SBA invites comments on this proposal as well as 
suggestions, along with supporting information, if the $14.5 million or 
a different size standard would be more appropriate.

Evaluation of Size Standards for NAICS Subsector 525, Funds, Trusts and 
Other Financial Vehicles

    NAICS Subsector 525 includes six 6-digit codes. Of those six, the 
2017 Economic Census special tabulation includes data only for two 
NAICS codes within NAICS Subsector 525: NAICS 525910, Open-End 
Investment Funds, and NAICS 525990, Other Financial Vehicles, for which 
calculated receipts based size standards are, as shown in Table 5 
(above), $36.5 million and $31.5 million, respectively. For NAICS 
525120, Health and Welfare Funds, the Federal contracting factor 
(Disparity ratio--Method 1), supports a receipts based size standard of 
$47 million. All industries in that Subsector currently share the same 
$40 million receipts based size standard. In the previous reviews, SBA 
applied the results for NAICS 525910 and 525990, specifically the 
largest size standard between the two industries (i.e., $36.5 million), 
to all remaining industries within Subsector 525. However, doing so 
with the current results would mean decreases to size standards for all 
industries in that Subsector, which would run counter to SBA's proposed 
policy of not decreasing any size standards, even though the data 
suggests some size standards might be decreased. Thus, for SBA's 
reasons for not decreasing size standards as discussed elsewhere in 
this proposed rule, the Agency is proposing to maintain the size 
standards for those industries at their current $40 million level. SBA 
seeks comments on this proposal as well as suggestion on alternative 
data sources, if any, to evaluate size standards for those industries.

Evaluation of the Assets Based Size Standards

    In 1984, SBA published a Federal Register notice allowing financial 
services that prime contractors procure from small minority owned and 
controlled financial institutions to qualify as subcontracts for 
purposes of meeting subcontracting goals and credits (49 FR 13091, 
April 2, 1984). Concurrently, SBA also published a proposed rule that a 
financial institution with total assets of not more than $100 million 
would be considered small (49 FR 13052, April 2, 1984). SBA adopted the 
$100 million in total assets as the size standard for financial 
institutions (49 FR 49398, October 16, 1984). Over time, the definition 
of small depository institutions was extended to all financial 
institutions within NAICS Industry Group 5221, Depository Credit 
Intermediation. Since then, along with other monetary based size 
standards, SBA periodically adjusted the assets based size standard for 
inflation, reaching $175 million with the 2008 inflation adjustment (73 
FR 41237, July 18, 2008). As part of the first five-year review of size 
standards under the Jobs Act, in 2013, SBA increased the financial 
institutions' size standard to $500 million in assets (78 FR 37409, 
June 20, 2013), which was subsequently increased to $550 million as 
part of the 2014 adjustment for inflation (79 FR 33647, June 12, 2014). 
It was further increased to $600 million with inflation adjustment in 
2019 (84 FR 34261, July 18, 2019), to $750 million as part of the 
second five-year review of size standards under the Jobs Act (87 FR 
18627, March 31, 2022), and finally to $850 million with the latest 
inflation adjustment in 2022 (87 FR 69118, November 17, 2022).
    Currently, the $850 million assets based size standard applies to 
three industries within NAICS Industry Group 5221 (Depository Credit 
Intermediation) and one industry within NAICS Industry Group 5222 
(Nondepository Credit Intermediation). These include NAICS 522110 
(Commercial Banking), NAICS 522130 (Credit Unions), NAICS 522180 
(Savings Institutions and Other Depository Credit Intermediation), and 
NAICS 522210 (Credit Card Issuing).
    Because only a small number of industries have assets based size 
standards, no 20th percentile and 80th percentile values of industry 
factors could be developed to assess differing characteristics of 
individual industries based on total assets. Thus, most of the SBA's 
current size standards methodology is not applicable to analyzing the 
assets based size standards for financial institutions. Consequently, 
in this proposed rule, SBA examined the changes since 2018 (the latest 
year for which the financial

[[Page 41228]]

institution data were available when the assets based size standard was 
reviewed as part of the second five-year review of size standards under 
the Jobs Act) in financial industry factors and small business assets 
shares to assess whether the current $850 million assets based size 
standard is adequate or should it be modified to reflect today's 
financial industry structure. Specifically, for industry factors, SBA 
evaluated changes from 2018 to 2023 (the latest year for which the 
financial institution data are available) in average firm size, 
industry concentration, and distribution of firms by size (i.e., Gini 
coefficient) for financial institutions. SBA also examined the changes 
in shares of total assets held by small businesses between 2018 and 
2023. As in the first and second five-year reviews of size standards 
under the Jobs Act, in this proposed rule as part of the current third 
five-year review of size standards, SBA both evaluated all depository 
institutions as a whole and the minority owned and controlled 
depository institutions separately.

Depository Institutions

    SBA evaluated all depository institutions using the Statistics on 
Depository Institutions (SDI) data from the Federal Deposit Insurance 
Corporation (FDIC). The SDI data does not provide the NAICS definition 
for every firm included in the database. However, it has a field called 
Asset Concentration Hierarchy, which can be used to identify each 
institution's primary specialization in terms of asset concentration, 
such as credit card services. Another field, Bank Charter Class, 
identifies the institutions as banks or thrifts. SDI does not include 
data on Credit Unions (NAICS 522130). Because the data are not 
separated by NAICS code, and the differences among services offered by 
different financial institutions (such as commercial banks, saving 
institutions, and credit card issuing companies) have greatly 
diminished over the recent decades, SBA has analyzed these financial 
institutions as one industry group.
    The number of all depository institutions, total assets and 
calculated industry factors for 2018 and 2023 are shown on Table 13, 
Calculated Industry Factors for Depository Institutions. All data were 
collected at the end of the corresponding calendar year. For 
comparability, all monetary values are expressed in 2023 dollars, using 
the Bureau of Economic Analysis (BEA) GDP price index.
[GRAPHIC] [TIFF OMITTED] TP22AU25.048

    During the 2018 to 2023 period, as shown on Table 13, the financial 
industry continued to show a decrease in the total number of depository 
institutions. The total number of depository institutions decreased by 
15.1 percent from 5,415 in 2018 to 4,596 in 2023, while their average 
firm size (measured in total assets in 2023 dollars) increased by 10.2 
percent. The simple average firm size increased by a factor of about 
1.3, while the weighted average firm size increased by a factor of 
about 1.2. On the other hand, the four largest institutions' share of 
total assets (also referred to as four-firm concentration ratio or CR4) 
decreased slightly (from 39.4% to 39.3%), and the Gini coefficient 
value decreased slightly from 0.818 in 2018 to 0.817 in 2023. Overall, 
the changes in values of these factors suggest a size standard of $840 
million,\10\ a slight reduction from current size standard of $850 
million for the depository institutions. On the other hand, the share 
of small businesses in 2018 under the size standard of $750 million was 
78.1 percent in terms of the number of institutions, and of 4.8 percent 
in terms of their assets; while for 2023, the respective shares under 
the current size standard of $850 million were 74.5 percent and 4.1 
percent. To increase the 2023 share of small businesses assets to the 
same level of 2018, the size standard should be increased to about $1 
billion in assets. Averaging both results, one based on industry 
factors and the other based on the small business assets shares, the 
suggested size standard would be about $920 million for the Depository 
Institutions.
---------------------------------------------------------------------------

    \10\ Getting the average of percentage changes for each of the 
four factors (i.e., simple average, weighted average, CR4 and Gini 
coefficient) between 2018 and 2023 in Table 13 and applying it to 
the $750 million size standard, we reached the value of $840 
million. The financial industry data for 2018 supported a size 
standard of $750 million that SBA adopted as part of the second 
five-year review of size standard in April 2022 (87 FR 18627, March 
31, 2022) which was increased to $850 million by inflation 
adjustment in December 2022 (87 FR 69118, November 17, 2022).
---------------------------------------------------------------------------

NAICS 522130, Credit Unions

    A credit union is a cooperative, not-for-profit financial 
institution owned and controlled by its members. Credit unions are 
established and operated for the purpose of promoting thrift and 
providing credit at competitive rates and other financial services to 
their membership. Generally, they could be corporate credit unions, 
Federal, or State credit unions. Because this industry includes only 
not-for-profit institutions, SBA does not consider them small business 
concerns for Federal government assistance. The small business 
regulations state that a business concern eligible for assistance from 
SBA as a small business is a business entity organized for profit, with 
a place of business located in the United States (see 13 CFR 
121.05(a)(1)). However, SBA has established a size standard for this 
industry because it is useful for other purposes, such as

[[Page 41229]]

rulemaking. Table 15, Calculated Industry Factors for Credit Unions, 
below, provides the calculated factors for Credit Unions. Between 2018 
and 2023, the total number of concerns diminished by 14.4 percent, but 
at the same time the total assets increased by 29.5 percent. The simple 
average increased by 51.2 percent between 2018 and 2023 in real terms, 
and the weighted average grew by 54.3 percent. The four-firm 
concentration ratio increased by a factor of 1.04. Gini coefficient did 
not change much during the period. Changes in these factors would 
support an increase of size standard for Credit Unions from $850 
million to $960 million in assets.\11\ Moreover, in 2018 the share of 
total Credit Unions assets held by small businesses under the $750 
million size standard (which SBA adopted as part of the second five-
year review of size standards) were 26.4 percent, and that in 2023 this 
ratio diminished to 21.3 percent under the current $850 million size 
standard. In order to increase this ratio to the 2018 level, the size 
standard would need to be increased to about $940 million. Averaging 
both results, one based on industry factors and the other based on the 
small business assets shares, the suggested size standard for Credit 
Unions would be about $950 million.
---------------------------------------------------------------------------

    \11\ Getting the average of percentage changes for each factor 
(i.e., simple average, weighted average. CR4, and Gini Coefficient 
between 2018 and 2023 from Table 15 and applying it to the inflation 
preadjusted size standard (i.e. $750 million), we reached the value 
of $960 million. The financial industry data for 2018 supported a 
size standard of $750 million, which was increased to $850 million 
by inflation adjustment in December 2022.
[GRAPHIC] [TIFF OMITTED] TP22AU25.049

Federal Contracting Factor

    For the four assets based industries listed above, Federal 
contracting dollars averaged about $164 million per year during fiscal 
years 2021-2023. This reflects a large increase in dollars awarded to 
those industries as compared to fiscal years 2016-2018, when the 
average total dollars obligated to them was about $130 million. Of 
those four industries, NAICS 522110, Commercial Banking, accounts for 
99.0 percent of the average total dollars obligated during fiscal years 
2021-2023. Thus, under the SBA's Revised Methodology, Federal 
contracting is a significant factor for reviewing the assets based size 
standard for the financial industries. The data yields the disparity 
ratios of 0.23 under Method 1 and 17.78 under Method 2. The disparity 
ratio under Method 1 would support a size standard of $1,063 million 
(i.e., increasing the current $850 million size standard by 25% as per 
Table 3 (above)) and disparity ratio under Method 2 would support the 
current $850 million. The average of the two values equals to $956 
million, which is the size standard supported by Federal contracting 
factor.

Summary of Calculated Size Standards for Depository Institutions and 
Credit Unions

    Based on the analyses of industry factors and differences of the 
shares of small businesses in total assets between 2018 and 2023, the 
calculated size standard for depository institutions is $918 million in 
assets, which would apply to the following three industries within 
NAICS Subsector 522, Credit Intermediation and Related Activities: 
NAICS 522110 (Commercial Banking), NAICS 522180 (Savings Institutions 
and Other depository Credit Intermediation), and NAICS 522210 (Credit 
Card Issuing). Based on the similar results, the calculated size 
standard for NAICS 522130 (Credit Unions) is $948 million in assets. 
The weighted average of the calculated size standards for depository 
institutions and credit unions is $921 million. These results are shown 
in Table 15, Summary of Calculated Size Standards for Depository 
Institutions and Credit Unions, below.
    As discussed above, Federal contracting factor (i.e., disparity 
ratio analysis) supports a size standard of $956 million and industry 
factors support a size standard of $921 million. In calculating the 
overall industry size standard, the SBA's methodology assigns a weight 
of 0.8 to four industry factors combined and a weight of 0.20 to the 
Federal contracting factor. The weighted average of the two calculated 
size standards using these weights gives an overall size standard of 
$928 million (i.e., (0.8 * 921) + (0.2 * 956) = 928), which is rounded 
to $925 million.
    Accordingly, consistent with its historical practice of maintaining 
the same size standard for all financial industries, SBA is proposing 
to increase the size standard for all four financial industries from 
the current $850 million to $925 million in assets. If adopted, the 
proposed size standard would apply to the following industries: NAICS 
522110 (Commercial Banking), NAICS 522180 (Savings Institutions and 
Other depository Credit Intermediation), NAICS 522210 (Credit Card 
Issuing), and NAICS 522130 (Credit Unions). SBA is seeking comment on 
whether SBA should consider establishing separate size standards for 
each of the four industries or continue using a common size standard.

[[Page 41230]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.050

Summary of Calculated Size Standards

    Of 500 industries and thirteen (13) subindustries (``exceptions'') 
reviewed in this proposed rule, the results from analyses of the latest 
available data on the five primary factors from Table 5 (above), along 
with similar results for various exceptions and assets based size 
standards in subsequent tables, would support increasing size standards 
for 263 industries (259 receipts based and four assets based) and 
decreasing size standards for 203 industries and nine (9) subindustries 
or exceptions. The results supported retaining current size standards 
for 38 receipts-based industries. Table 16, Summary of Calculated Size 
Standards, summarizes these results by NAICS sector.

[[Page 41231]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.051

Evaluation of SBA Loan Data

    Before proposing or deciding on an industry's size standard 
revision, SBA also considers the impact of size standards revisions on 
SBA's loan programs. Accordingly, SBA examined its internal 7(a) and 
504 loan data for fiscal years 2021-2023 to assess whether the 
calculated size standards in Table 5 (above) need further adjustments 
to ensure credit opportunities for small businesses through those 
programs. For the industries reviewed in this rule, the data shows that 
it is mostly businesses much smaller than the current or proposed size 
standards that receive SBA's 7(a) and 504 loans. For example, for 
industries covered by this rule, 98.0 percent of 7(a) and 504 loans in 
fiscal years 2021-2023 went to businesses at or below the current or 
calculated size standards. The data suggests that no calculated size 
standards need further adjustments based on evaluation of the loan 
data.

Justification for Not Decreasing Size Standards

    Decreasing size standards would cause many businesses that are 
small under the current size standards, especially those that are 
larger, more experienced and capable small businesses just below the 
current size standards, to lose their small business status and 
eligibility for Federal small business assistance. SBA believes that 
decreasing size standards under the current economic environment could 
stifle the ongoing economic growth following the COVID-19 pandemic by 
causing many currently qualified and capable small firms to become 
ineligible for SBA's financial assistance and Federal contracting 
programs. SBA is meeting the continued need for increased SBA's support 
for small businesses to support ongoing economic growth and job 
creation by not decreasing size standards, even though analytical 
results suggest that some size standards might be decreased.

[[Page 41232]]

    As discussed below in greater detail, reducing the number of small 
businesses may lead to fewer set-aside opportunities for small 
businesses overall as it would reduce the pool of eligible qualified 
firms that the Federal Government could select from when setting aside 
procurements for small businesses. SBA believes that decreasing size 
standards would run counter to its mission to aid, counsel, assist and 
protect the interests of small business concerns, preserve free 
competitive enterprise, and maintain and strengthen the overall economy 
of our Nation. For these and other reasons, discussed below in a 
greater detail, SBA believes that it has the discretion to propose a 
policy of not decreasing any size standards because the only 
Congressionally mandated requirement is that SBA exclude dominant firms 
from qualifying small, even though the data suggests some size 
standards might be decreased.
    As discussed below, decreasing small business size standards, which 
would lower the threshold for what qualifies as a small business, could 
have negative impacts on many aspects of the economy, including 
Government contracting, subcontracting and supply chains, access to 
capital, competition and industry consolidation, innovation and 
entrepreneurship, job creation, economic growth, defense industrial 
base and national security, and small business industrial base.
    Government Contracting: Decreasing small business size standards 
can have a significant impact on Government contracting, particularly 
in terms of access, competition, contract fulfillment, and the Federal 
Government's ability to meet its Congressionally mandated small 
business procurement goals. Businesses that no longer qualify as small 
may lose preference and access to Federal set-aside contracts, thereby 
forcing them to compete with large companies with significantly more 
resources and extensive qualifications for contracting opportunities. 
Businesses that would lose small business status, were the size 
standards reduced according to analytical results, based on the 
procurement data for fiscal years 2021-2023, would lose more than $2 
billion annually in Federal contracts for small businesses. Larger 
small companies that lose access to small business set-aside contracts 
and will be forced to compete with large corporations may face 
difficulties securing Government contracts under full and open 
competition. This can reduce their revenue streams from Government 
contracts and limit their ability to grow and create jobs, with 
potentially far-reaching implications in the broader economy. The 
exclusion of larger small firms from the small business category may 
reduce the overall pool of companies available to compete for Federal 
contracts, thereby limiting the number of qualified suppliers in some 
industries, particularly those that are highly dependent on Government 
contracts, such as defense, construction, and IT services. This could 
lead to fewer competitive bids, especially for contracts requiring 
specialized skills or capabilities that smaller small businesses may 
not possess, potentially driving up costs to consumers and Government 
agencies, especially in industries where larger small businesses are 
key players. Losing small business status and associated advantage 
could make it harder for these firms to participate in large projects, 
especially in industries like construction, technology, and defense. As 
stated previously, larger small businesses that lose their small 
business status will no longer qualify for certain set-aside contracts, 
which may lead to a shift in contract awards from these firms to 
smaller small businesses. However, smaller small businesses may lack 
the necessary resources, qualifications, or capacity to handle larger 
or more complex Government projects. If too many larger small firms 
lose access to small business set-asides, the pool of contractors 
capable of fulfilling high-value or technically demanding contracts may 
shrink, potentially leading to delays or lower-quality work in certain 
sectors, such as defense, construction, and IT, where performance and 
scale are critical. With fewer businesses qualifying as small, the 
Government may have to work harder to find qualified contractors 
capable of fulfilling certain requirements. This could complicate the 
process of meeting Government's small business procurement goals, 
particularly for larger or more complex projects.
    Subcontracting and Supply Chains: Businesses that lose their small 
business status may struggle to secure subcontracting work from large 
companies, as prime contractors may prefer to work with businesses that 
still qualify as small to meet their small business subcontracting 
goals. This could reduce the number of viable small business 
subcontractors for large Government contracts, potentially affecting 
the overall supply chain and project execution. With fewer businesses 
qualifying as small, large prime contractors will face difficulties 
meeting their small business subcontracting goals.
    Access to Capital and Other Benefits: Businesses that lose their 
small business status could face difficulties accessing capital through 
SBA-backed loans and benefits from other support programs, potentially 
slowing their growth. They may struggle to secure favorable loans and 
financing options, especially if they have relied on SBA-backed loan 
programs in the past. Without SBA loans, or loan guarantees, they might 
struggle to invest in growth, equipment, technology, or workforce 
development. This could result in a slowdown in expansion and economic 
activity for these businesses. As firms that lose their small business 
status may no longer be eligible for SBA-backed loans or other forms of 
small business financing, these firms might be forced to turn to more 
expensive financing options. Businesses losing small business status 
would also lose other benefits such as lower taxes and exemptions from 
certain compliance and paperwork requirements.
    Competition and Industry Consolidation: Businesses that lose their 
small business status may now be forced to compete directly against 
larger corporations for unrestricted Government contracts, which could 
put them at a significant competitive disadvantage. Some of these 
companies will struggle to survive or even be forced to merge with 
larger corporations or exit the market altogether, contributing to 
increased industry consolidation and reduced competition and market 
diversity. The loss of small business status for many small businesses 
could lead to increased mergers and acquisitions as these businesses 
seek ways to survive and remain competitive. This could result in 
reduction in the number of independent businesses in key sectors of the 
economy, such as manufacturing, construction and IT, leading to less 
innovation, greater industry consolidation, reducing diversity and 
consumer choices in the marketplace, and potentially leading to 
monopolistic practices in some sectors dominated by large players. This 
would run counter to Executive Order 14267 (90 FR 15629, April 9, 
2025), which directs Federal agencies to reduce anticompetitive 
regulatory Barriers.
    Job Creation and Employment: Small businesses are significant job 
creators, accounting for two-thirds of total new job creation in the 
U.S. and nearly half of the private sector workforce. Larger small 
businesses that lose their small business status might be forced to 
reduce hiring, downsize, or even lay off

[[Page 41233]]

employees as they lose access to revenue streams from Government 
contracts and SBA's loans that helped them start and expand. Larger 
small firms could become less willing to hire from smaller 
subcontractors, reducing opportunities for growth and employment. Job 
losses could occur in industries where small businesses are a 
significant part of the overall labor market. As stated earlier, 
decreasing size standards for 213 industries/subindustries, solely 
based on analytical results, would force about 7,900 businesses to lose 
their small business designation in industries covered by this proposed 
rule. These businesses are estimated to support about 604,850 
employees, which would be at risk of being laid off if they lose their 
small business status and associated benefits, in particular access to 
Government contracts and SBA financial assistance intended for small 
businesses.
    Economic Growth: According to SBA's Office of Advocacy, small 
businesses contribute approximately 44 percent of the U.S. gross 
domestic product (GDP). Companies on the higher end of the size 
spectrum, which might lose their small business status because of 
decreases to size standards, could face financial challenges, stalling 
their growth and possibly impacting broader economic activity. 
Businesses that lose their small business status may struggle to 
compete with large corporations with significantly more resources and 
capabilities and could face slower growth, stagnation, or even 
downsizing. This may particularly affect firms in industries, such as 
manufacturing, construction, and IT, where larger small firms often 
play a crucial role. If small businesses are forced to downsize or shut 
down due to the loss of small business status, it could negatively 
affect local economies that rely on these companies for jobs, taxes, 
and local commerce. In regions where small businesses are a major 
source of employment, this could lead to higher unemployment, economic 
stagnation or decline. If a significant number of small businesses lose 
access to Government contracts, capital, and other resources intended 
for small businesses, it could result in slower growth, fewer 
investments, and reduced job creation. These firms often serve as 
critical growth engines in the economy, and their struggle to adapt 
could have a ripple effect on sectors that rely on a healthy and 
competitive small business ecosystem.
    Innovation and Entrepreneurship: Larger small businesses which 
often have the resources to invest in research and development (R&D) 
may lose their small business status and access to Government contracts 
and SBA programs. This will slow growth of these companies and the 
Government will miss out on cutting-edge technologies and approaches 
that these firms can provide. This could result in a reduction of their 
R&D investments and innovation efforts, limiting innovation in key 
economic sectors, including technology, and engineering, and other 
high-growth industries. This could stifle competition in high-tech 
industries where mid-sized and larger small firms are often the most 
innovative. This could lead to a slowdown in innovation, potentially 
weakening the overall competitiveness of the economy.
    Defense Industrial Base and National Security: According to the 
Department of Defense (DoD), small businesses make up 73 percent 
companies in the U.S. defense industrial base (https://www.defense.gov/News/Releases/Release/Article/3279279/). In 2024, small business 
vendors accounted for 79 percent of total DoD vendor count. In 2023, 
small businesses accounted for 25.2 percent of all DoD prime contracts, 
amounting to $92 billion. The DoD's total small business vendor count 
decreased 49 percent between 2010 and 2024. A reduction in SBA size 
standards would disqualify firms that currently qualify as small for 
DoD contracts, thereby shrinking the pool of eligible and qualified 
defense contractors and exacerbating the ongoing contraction of the DoD 
small business vendor base. This could lead to fewer options for DoD, 
especially for contracts that require specialized skills and 
capabilities offered by larger and more qualified small firms. Larger 
small businesses that lose their small business status may no longer be 
viable defense suppliers and may not be able to compete against much 
larger defense contractors with significantly more resources and 
extensive qualifications and experiences. This could limit the number 
of companies that can deliver on certain high-value or specialized 
contracts, especially in areas like defense technology, manufacturing, 
and cybersecurity. This could weaken the defense supply chain, as fewer 
firms would be able to meet the stringent requirements of the DoD, 
especially for specialized or high-tech products and services. As 
stated earlier, many larger small firms that invest heavily in R&D 
would lose access to defense contracts, thereby reducing overall 
investment in defense-related R&D, stifling innovation in critical 
areas such as advanced weapons systems, communications, and logistics. 
If larger small businesses lose their small business status, the 
defense industrial base could lose a segment of highly capable, 
strategically important firms. This could limit the DoD's access to 
critical technologies and reduce the overall competitiveness of U.S. 
defense capabilities. Decreasing size standards might reduce the number 
of capable defense suppliers, as larger small businesses lose their 
status and may be unable to compete with large prime contractors, 
thereby reducing competition, increasing costs, and reducing 
innovation. Companies that lose small business status might be forced 
to reduce their workforce, consolidate, or even close. This could 
result in job losses, particularly in industries and regions where the 
defense sector plays a significant role in the local economy. Firms 
that lose small business status may struggle to secure subcontracts 
from large prime contractors. This could impact the lower tiers of the 
defense supply chain, where specialized larger small firms are often 
critical subcontractors for large defense projects. Reducing the number 
of eligible contractors by lowering size standards could lead to a 
consolidation of the industrial base, concentrating power in the hands 
of a few large firms and reducing the flexibility, resilience, and 
diversity that are critical to long-term health of the defense 
industrial base.
    Small Business Industrial Base: Decreasing small business size 
standards can have wide-ranging impacts on the small business 
industrial base, which includes the businesses that support Government 
projects and health of various key industrial sectors, including 
professional services, manufacturing, and construction.
    Total small business vendor count in the Federal market decreased 
49 percent from 119,341 in 2010 to 60,952 in 2024. The share of small 
business in total vendor count decreased from 80% to 73% during the 
same period. Lowering small business size standards, thereby causing 
about 7,900 small businesses under the current size standards to lose 
their small business status, would exacerbate this trend when the 
Federal Government, through various initiatives and strategies (e.g., 
strengthening small business supply chains, workforce readiness, and 
simplified and flexible acquisition, etc.), is trying to reverse this 
worrisome trend and strengthen the Federal small business industrial 
base.
    If size standards were decreased based on analytical results, many 
businesses may lose their small business status, meaning they will no 
longer be eligible for small business set-asides contracts,

[[Page 41234]]

grants, and other SBA programs. Without small business status, they 
could also face difficulties in competing with large companies. The 
loss of small business status could reduce competitiveness of larger 
small businesses, especially when vying for contracts or business 
opportunities with large corporations. These firms may face increased 
pressure to merge or consolidate to survive, thereby reducing market 
competition. Loss of small business eligibility could hurt small 
business ability to stay competitive in the Federal marketplace. 
Certain industries, like manufacturing and construction, where 
economies of scale matter, could be negatively impacted. Larger small 
companies that lose small business status may find it hard to compete 
against larger, more established firms, leading to industry 
consolidation or potential closures in these sectors. Decreasing size 
standards may hurt the competitiveness of mid-sized firms that are 
still growing but are no longer eligible for small business benefits. 
These businesses may not yet be large enough to compete with major 
corporations, which could lead to stagnation or a slowing of their 
growth.

Evaluation of Calculated Size Standards for Dominance in Field of 
Operation

    As part of the review, SBA further evaluates calculated size 
standards to ensure that dominant or potentially dominant firms are 
excluded from qualifying as small. For this, as stated earlier, SBA 
examines the industry's market share of firms at the calculated size 
standard as well as the distribution of firms by size. SBA generally 
considers such market share of more than 40 percent as suggesting that 
a firm qualifying as small could be dominant in its industry. Among the 
industries with monetary based size standards reviewed in this proposed 
rule, the firm's market shares at the calculated and current size 
standards exceed 40 percent for two industries, namely NAICS 485111 
(Mixed Mode Transit Systems) and 812922 (One-Hour Photofinishing). For 
NAICS 485111, both the current and calculated size standard is $29 
million, with the firm's market share at that level being equal to 42.6 
percent. To reduce that share to below the 40 percent threshold, the 
size standard for NAICS 485111 should be lowered to $27 million. For 
NAICS 812922, the firm's market share at the $19 million current 
standard is 67.8 percent and at the $12.5 million calculated size 
standard is 44.6 percent. To lower that share to below 40%, the size 
standard should be decreased to $11 million. However, the evaluation of 
distributions of firms by size using the Economic Census and SAM data 
shows no firms between $27 million and $29 million for NAICS 485111and 
between $11 million and $19 million for NAICS 812922 to exert the 
dominance in both industries. Accordingly, SBA proposes to retain the 
current size standards for both industries. For the remaining 
industries, the firm's market share at the calculated size standards 
averaged 0.8 percent, varying from a minimum of 0.004 percent to a 
maximum of 21.6 percent. These levels of market shares preclude any 
businesses qualifying as small under the calculated size standards from 
exerting dominance in their industries.

Proposed Size Standards Changes

    Based on the analytical results in Table 5 (above) and considering 
impacts of calculated size standards in terms of access by currently 
small businesses to SBA's loans, results from dominant analysis of 
calculated size standards, and SBA's proposed policy of not decreasing 
any size standards (except for excluding dominant firms from qualifying 
as small) even if the analytical results support decreasing some size 
standards, of a total of 513 monetary based size standards (including 
nine ``exceptions'') that are reviewed in this proposed rule, SBA 
proposes to increase 263 size standards, retain 249, and remove one 
exception. Proposed changes to size standards for each NAICS industry 
are presented in Table 17, Proposed Size Standards Changes by Industry. 
Also shown in Table 17 are current and calculated size standards.
BILLING CODE 8026-09-P

[[Page 41235]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.052


[[Page 41236]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.053


[[Page 41237]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.054


[[Page 41238]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.055


[[Page 41239]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.056


[[Page 41240]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.057


[[Page 41241]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.058


[[Page 41242]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.059


[[Page 41243]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.060


[[Page 41244]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.061


[[Page 41245]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.062


[[Page 41246]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.063


[[Page 41247]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.064


[[Page 41248]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.065


[[Page 41249]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.066


[[Page 41250]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.067


[[Page 41251]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.068


[[Page 41252]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.069


[[Page 41253]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.070


[[Page 41254]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.071


[[Page 41255]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.072

BILLING CODE 8026-09-C

Evaluation of Proposed Size Standards for Dominance in Field of 
Operation

    SBA has determined that for the industries which it has evaluated 
in this proposed rule, no individual firm at or below the proposed size 
standard would be large enough to dominate its field of operation. At 
the proposed size standards levels, if adopted, the small business 
share of total industry receipts among those industries (excluding 
NAICS 485111 and 812922 discussed earlier) would be, on average, 0.7 
percent, varying from 0.004 percent to 21.6 percent. These market 
shares effectively preclude a firm at or below the proposed size 
standards from exerting control on any of the industries.

Alternatives Considered

    By law, SBA is required to develop numerical size standards for 
establishing eligibility for Federal small business assistance programs 
and to review every five years all size

[[Page 41256]]

standards and make necessary adjustments to reflect the current 
industry structure and Federal market conditions. Other than varying 
the levels of size standards by industry and changing the measures of 
size standards (e.g., using annual receipts vs. the number of employees 
\12\), no practical alternatives exist to the systems of numerical size 
standards.
---------------------------------------------------------------------------

    \12\ This option is also quite limited because the law requires 
that the size of manufacturing firms be measured in terms of the 
number of employees and the size of services firms be measured in 
terms of the average annual revenue.
---------------------------------------------------------------------------

    SBA is proposing to increase size standards where the data 
suggested increases are warranted, and to retain, for reasons discussed 
above, all current size standards at their current levels where the 
data suggested lowering or no change might be appropriate.
    Nonetheless, as in the previous review of size standards under the 
Jobs Act, SBA considered two other alternatives. Alternative option one 
was to propose changes exactly as suggested by the analytical results. 
Alternative option two was to retain all current size standards.
    By adopting the results as they are, alternative option one would 
cause about 7,900 currently small businesses to lose their small 
business status and hence to lose their access to Federal small 
business assistance, especially small business set-aside contracts and 
SBA's financial assistance in some cases. SBA provides a more detailed 
analysis of impacts of this alternative under the regulatory impact 
analysis section below.
    Under alternative option two, SBA considered maintaining a status 
quo, i.e., retaining all size standards at their current levels even 
though the latest available data may suggest changing them. This would 
prevent businesses from receiving benefits of increases to size 
standards for numerous industries for which the latest data warrant 
increases to their size standards. Doing nothing or maintaining the 
status quo would also run counter to the statutory mandate that SBA 
review all size standards every five years and make necessary 
adjustments to reflect current market conditions.

Request for Comments

    SBA invites public comments on this proposed rule, especially on 
the following issues:
    1. SBA seeks feedback on whether SBA's proposal to increase 263 
monetary based size standards (259 receipts based and 4 assets based), 
retain 249, and eliminate one receipts based size standard is 
appropriate given the results from the latest available industry and 
Federal contracting data of each industry and subindustry 
(``exception'') reviewed in this proposed rule. SBA seeks suggestions, 
along with supporting facts and analysis, for alternative size 
standards for certain industries or a group of industries, if they 
would be more appropriate than the proposed size standards.
    2. SBA seeks comments on its proposed policy of not lowering any 
standards even though analytical results suggest some size standards 
could be lowered, except for excluding dominant firms from qualifying 
as small. SBA believes that lowering size standards would run counter 
to SBA's mission to aid, counsel, assist and protect small businesses, 
to preserve free competitive enterprise, and to maintain and strengthen 
the nation's economy.
    3. In calculating the overall industry size standard, SBA has 
assigned equal weight to each of the five primary factors in all 
industries and subindustries covered by this proposed rule. SBA seeks 
feedback on whether it should assign equal weight to each factor or on 
whether it should give more weight to one or more factors for certain 
industries or a group of industries. Recommendations to weigh some 
factors differently than others should include suggested weights for 
each factor along with supporting facts and analysis.
    4. SBA seeks suggestions on data sources it used to evaluate size 
standards for the Forest Fire Suppression and Fuel Management Services 
subindustries (``exceptions'') within NAICS 115310 and comments on its 
proposal to retain the current $34 million size standard for both 
exceptions even if the analysis supported decreasing it to $20 million. 
SBA is also interested in comments on the possible elimination of the 
Forest Fire Suppression and Fuel Management Services as ``exceptions'' 
to NAICS 115310, and the application of the same general size standard 
for NAICS 115310. Comments on applying the same NAICS 115310 size 
standard for Forest Fire Suppression and Fuel management Services 
exceptions should address why the same size standard is more suitable 
than separate size standards for Forest Fire Suppression and Fuel 
management Services or why firms engaged in Forest Fire Suppression and 
Fuel Management Services should continue to be treated as separate 
activities from the rest of NAICS 115310 for SBA's size standards 
purposes.
    5. SBA seeks suggestions or comments on data it used to evaluate 
the size standard for the Dredging and Surface Cleanup Activities 
(Dredging), a subindustry (``exception'') category within NAICS code 
237990 and its proposal to retain the current $37 million size 
standard, even though the data supported a lower $21.5 million size 
standard. SBA is also interested in comments on eliminating the 
subindustry category for Dredging and applying the same $45 million 
size standard that currently applies to the overall NAICS 237990 
industry. Comments on applying the same NAICS 237990 size standard for 
Dredging should address the basis for why that industry size standard 
is more suitable than a specific Dredging subindustry size standard or 
why dredging firms should continue to be evaluated as a discrete 
subindustry for SBA's size standards purposes.
    Additionally, SBA seeks comments on its proposal to retain Footnote 
2 in 13 CFR 121.201, which provides that ``to be considered small for 
purposes of Government procurement, a firm or its similarly situated 
subcontractors must perform at least 40 percent of the volume dredged 
with their own equipment or equipment owned by another small dredging 
concern.'' Comments pertaining to this requirement should address on: 
(1) whether there continues to be a need to retain the current 40 
percent equipment requirement under current industry practices; (2) 
whether the 40 percent equipment requirement should be revised, and if 
so, the rationale for an alternative percentage; and (3) whether a 
different and more verifiable requirement based on an alternative 
measure (such as value of contract or personnel involved) may achieve 
the same objective of ensuring that small businesses perform 
significant and meaningful work on dredging contracts set aside for 
small businesses.
    6. SBA seeks comment on its proposal to eliminate Non-Vessel Owning 
Common Carriers and Household Good Forwarders (NVOCCHGF) as a 
subindustry or ``exception'' category from NAICS 488510, Freight 
Transportation Arrangement. Considering similarities in economic 
characteristics between the NVOCCHGF exception and the overall NAICS 
488510 industry, absence of uniquely identifiable PSCs corresponding to 
the exception, and a lack of industry data to adequately evaluate the 
exception industry, SBA is proposing to eliminate the NVOCCHGF 
exception to NAICS 488510. Furthermore, considering very low 
utilization of small businesses in Federal contracting under the 
current size standard under NAICS 488510, SBA also seeks comment on its 
proposal

[[Page 41257]]

to apply to the general NAICS 488510 industry a higher $34 million size 
standard that currently applies to the NVOCCHGF exception.
    7. Because of the lack of data to review the industry structure, 
SBA is proposing to leave the size standard for Postal Service (NAICS 
491110) at the current level of $9 million in average annual revenue. 
SBA invites comments on this proposal as well as suggestions, along 
with supporting information, if a different size standard would be more 
appropriate. SBA seeks comment if it should adopt a higher $14.5 
million size standard suggested by one of the two disparity ratios.
    8. The 2017 Economic Census special tabulation includes data only 
for two NAICS codes within NAICS Subsector 525: NAICS 525910, Open-End 
Investment Funds, and NAICS 525990, Other Financial Vehicles. 
Calculated receipts based size standards for those industries are, as 
shown in Table 5 (above), $36.5 million and $31.5 million, 
respectively. Because all industries in that Subsector 525 currently 
share the same $40 million size standard, SBA applied the results based 
on data for NAICS 525910 and 525990 to all remaining industries within 
this Subsector. However, doing so would mean decreasing size standards 
for all industries in that Subsector. Consistent with SBA's proposed 
policy of not lowering any size standards, the Agency is proposing to 
maintain the size standards for those industries at their current $40 
million level. SBA seeks comments or suggestions along with supporting 
information on the following:
    a. Whether SBA should adopt a common size standard for all 
industries in Subsector 525 or adopt a separate size standard for each 
industry, and
    b. Whether a lower common size standard would be more appropriate 
for those industries and, if so, what that size standard should be.
    9. SBA proposes to increase the size standard for three industries 
within NAICS Industry Group 5221, Depository Credit Intermediation 
(i.e., NAICS 522110, 522130, and 522180) and on industry in NAICS 5222, 
Nondepository Credit Intermediation (i.e., NAICS 522210) from $850 
million to $925 million in assets. SBA also proposes to maintain the 
common size standard for the four industries even though the data 
supported a higher standard for NAICS 522130 (Credit Unions). SBA 
invites comments or suggestions, along with supporting information, 
with respect to whether the Agency should adopt the common size 
standard for those industries or establish a separate size standard for 
each industry.
    10. SBA proposes to retain Marine Engineering and Naval 
Architecture as one of separate subindustry categories (``exceptions'') 
to NAICS 541330 (Engineering Services) with the current $47 million 
size standard, even though the data supported a lower $26 million 
calculated size standard, as compared to a $29 million calculated/
proposed size standard for overall NAICS 541330. Considering these 
results, SBA seeks comment on whether Marine Engineering and Naval 
Architecture should be eliminated as an exception to NAICS 541330 and 
subject to the same $29 million proposed size standard applicable for 
the overall industry or it should be retained as an exception with a 
$47 million size standard as proposed.
    11. In this rule, SBA proposes detailed definitions for the three 
exceptions under NAICS 541330 (Engineering Services) as Footnote 19 to 
the SBA table of size standards and seeks comments on whether the 
proposed definitions are appropriate. SBA invites suggested changes if 
the proposed definitions are not appropriate.
    12. Finally, SBA seeks comments on data sources it used to examine 
industry and Federal market conditions, as well as suggestions on 
relevant alternative data sources that the Agency should evaluate in 
reviewing or modifying size standards for industries covered by this 
proposed rule.
    Public comments on the above issues are very valuable to SBA for 
validating its proposed size standards revisions in this proposed rule. 
Commenters addressing size standards for a specific industry or a group 
of industries should include relevant data and/or other information 
supporting their comments. If comments relate to the application of 
size standards for Federal procurement programs, SBA suggests that 
commenters provide information on the size of contracts in their 
industries, the size of businesses that can undertake the contracts, 
start-up costs, equipment and other asset requirements, the amount of 
subcontracting, other direct and indirect costs associated with the 
contracts, the use of mandatory sources of supply for products and 
services, and the degree to which contractors can mark up those costs.

Compliance With Executive Orders 12866, 12988, 13132, 13563 and 14192, 
the Initial Regulatory Flexibility Act (5 U.S.C. 601-612), and the 
Paperwork Reduction Act (44 U.S.C. Ch. 35)

Executive Order 12866

    The Office of Management and Budget (OMB) has determined that this 
proposed rule is not a ``significant regulatory action'' for purposes 
of Executive Order 12866. However, in the next section, SBA provides a 
Cost Benefit Analysis of this proposed rule, including: (1) a statement 
of the need for the proposed action, (2) an examination of alternative 
approaches, and (3) an evaluation of the benefits and costs--both 
quantitative and qualitative--of the proposed action and the 
alternatives considered.

Cost Benefit Analysis

    1. What is the need for this regulatory action?
    Under the Small Business Act (Act) (15 U.S.C. 632(a)), SBA's 
Administrator is responsible for establishing small business size 
definitions (or ``size standards'') and ensuring that such definitions 
vary from industry to industry to reflect differences among various 
industries. The Jobs Act requires SBA to review every five years all 
size standards and make necessary adjustments to reflect current 
industry and Federal market conditions. This proposed rule is part of 
the third five-year review of size standards in accordance with the 
Jobs Act. The first five-year review of size standards was completed in 
early 2016 and the second five-year review in early 2023. Such periodic 
reviews of size standards provide SBA with an opportunity to 
incorporate ongoing changes to industry structure and Federal market 
environment into size standards and to evaluate the impacts of prior 
revisions to size standards on small businesses. This also provides SBA 
with an opportunity to seek and incorporate public input to the size 
standards review and analysis. SBA believes that proposed size 
standards revisions for industries being reviewed in this rule will 
make size standards more reflective of the current economic 
characteristics of businesses in those industries and the latest trends 
in Federal marketplace.
    SBA's mission is to aid and assist small businesses through a 
variety of financial, procurement, business development and counseling, 
and disaster assistance programs. To determine the actual intended 
beneficiaries of these programs, SBA establishes numerical size 
standards by

[[Page 41258]]

industry to identify businesses that are deemed small.
    The proposed revisions to the existing monetary based size 
standards for 263 industries in various NAICS Sectors are consistent 
with SBA's statutory mandates to help small businesses grow and create 
jobs and to review and adjust size standards every five years. This 
regulatory action promotes the Administration's goals and objectives as 
well as meets the SBA's statutory responsibility. One of SBA's goals in 
support of promoting the Administration's objectives is to help small 
businesses succeed through fair and equitable access to capital and 
credit, Federal Government contracts and purchases, and management and 
technical assistance. Reviewing and modifying size standards, when 
appropriate, ensures that intended beneficiaries can access Federal 
small business programs that are designed to assist them to become 
competitive and create jobs.
    2. What are the potential benefits and costs of this regulatory 
action?
    Pursuant to Circular A-4 (September 17, 2003), OMB directs agencies 
to establish an appropriate baseline to evaluate any benefits, costs, 
or transfer impacts of regulatory actions and alternative approaches 
considered. The baseline should represent the agency's best assessment 
of what the world would look like absent the regulatory action. For a 
new regulatory action promulgating modifications to an existing 
regulation (such as modifying the existing size standards), a baseline 
assuming no change to the regulation (i.e., making no changes to 
current size standards) generally provides an appropriate benchmark for 
evaluating benefits, costs, or transfer impacts of proposed regulatory 
changes and their alternatives.

Proposed Changes to Size Standards

    Based on the results from analyses of latest industry and Federal 
contracting data and consideration of SBA's proposed policy of not 
lowering any size standards (except for excluding dominant firms from 
qualifying as small) even though the data support decreases to some 
size standards, of a total of 513 industries/subindustries with 
monetary based size standards (receipts and assets) that are reviewed 
in this proposed rule, SBA proposes to increase size standards for 263 
industries (259 receipts based and 4 assets based), and maintain 
current size standards for remaining 250 industries/subindustries.

The Baseline

    For purposes of this regulatory action, the baseline represents 
maintaining the ``status quo,'' i.e., making no changes to the current 
size standards. Using the number of small businesses and levels of 
benefits (such as set aside contracts, SBA's loans, disaster 
assistance, etc.) they receive under the current size standards as a 
baseline, one can examine the potential benefits, costs and transfer 
impacts of proposed changes to size standards on small businesses and 
on the overall economy.
    Based on the 2017 Economic and Agricultural Census (the latest 
available), of a total of about 7.5 million businesses in industries 
reviewed in this proposed rule, 98.4 percent are considered small under 
the current size standards. Small businesses under current size 
standards account for 30 percent of total receipts and about 45 percent 
of total employment in those industries.\13\ Based on the data from 
FPDS for fiscal years 2021-2023, about 37,000 unique firms in those 
industries received at least one Federal contract during that period, 
of which 84.7 percent were small under the current size standards. A 
total of $285.2 billion in average annual contract dollars were awarded 
to businesses in those industries during the period of evaluation, and 
32.6 percent of the dollars awarded went to small businesses. For 
industries/subindustries reviewed in this proposed rule, providing 
contract dollars to small businesses through set asides is quite 
important. From the total small business contract dollars awarded 
during the period considered, 70.4 percent were awarded through various 
small business set-aside programs and 29.6 percent were awarded through 
non-set-aside contracts. Based on the SBA's internal data on its loan 
programs for fiscal years 2021-2023, small businesses in those 
industries received, on an annual basis, a total of approximately 
52,400 7(a), 504/CDC, and micro loans in that period, totaling about 
$28.7 billion in loan amount, of which 80.3 percent was issued through 
the 7(a) program, 19.5 percent was issued through the 504/CDC program, 
and 0.2 percent was issued through the micro loan program. During 
fiscal years 2021-2023, small businesses in those industries also 
received 5,150 loans through the SBA's Economic Injury Disaster Loan 
(EIDL) program, totaling about $223 million in loan amount on an annual 
basis. Table 19, Baseline for All Industries with Monetary Based Size 
Standards, provides these results.
---------------------------------------------------------------------------

    \13\ These figures do not include industries that are out of 
scope of the Economic and Agricultural Census, subindustries 
(``exceptions''), and industries with assets based size standards. 
As stated elsewhere in this rule, because the industry data in the 
Economic and Agricultural Census are limited to the 6-digit industry 
level, no data is available at the subindustry level.
---------------------------------------------------------------------------

BILLING CODE 8026-09-P

[[Page 41259]]

[GRAPHIC] [TIFF OMITTED] TP22AU25.073

BILLING CODE 8026-09-C

Increases to Size Standards

    As stated above, of 513 monetary based size standards (including 13 
exceptions) that are reviewed in this rule, based on the results from 
analyses of latest industry and Federal market data as well as impacts 
of size standards changes on small businesses, in this rule, SBA 
proposes to increase 263 size standards (259 receipts based and four 
assets based). Below are descriptions of the benefits, costs and 
transfer impacts of these proposed increases to size standards.

Benefits of Increases to Size Standards

    The most significant benefit to businesses from proposed increases 
to size standards is gaining eligibility for Federal small business 
assistance programs or retaining that eligibility for a longer period. 
These include SBA's business loan programs, EIDL program, and Federal 
procurement programs intended for small businesses. Federal procurement 
programs provide targeted, set-aside opportunities for small businesses 
under the SBA's various contracting and business development programs. 
These include the 8(a) Business Development (BD) Program, the 
Historically Underutilized Business Zones (HUBZone) Program, the Women-
Owned Small Businesses (WOSB) Program, the Economically Disadvantaged 
Women-Owned Small Businesses (EDWOSB) Program, and the Service-Disabled 
Veteran-Owned Small Businesses (SDVOSB) Program.
    Based on the 2017 Economic and Agricultural Census (latest 
available), SBA estimates that more than 11,200 firms in 259 industries 
for which it has proposed to increase receipts based size standards, 
(see Table 20, Impacts of Increases and Decreases to Receipts Based 
Size Standards, below), not small under the current size standards, 
will become small under the proposed size standards increases and 
therefore become eligible for the above programs. That represents about 
0.2 percent of all firms classified as small under the current size 
standards in industries for which SBA has proposed increasing receipts 
based size standards. If adopted, proposed size standards would result 
in an increase in the small business share of total firms in those 
industries from 98.4 percent to 98.5 percent. Similarly, the small 
business share of total receipts would increase from 30 percent under 
current size standards to 30.6 percent under proposed size standards, 
if adopted. Finally, the small business share of total

[[Page 41260]]

employment would increase from 44.5 percent to 45.4 percent.
BILLING CODE 8026-09-P
[GRAPHIC] [TIFF OMITTED] TP22AU25.074


[[Page 41261]]


[GRAPHIC] [TIFF OMITTED] TP22AU25.075

BILLING CODE 8026-09-C
    Besides proposing to increase receipts based size standards for 259 
industries, SBA is proposing to increase assets based size standards 
for four financial industries, because of which about 110 additional 
financial firms (i.e., depository institutions and credit unions) would 
qualify as small. If adopted, proposed assets based size standards 
would result in an increase in the small business share of total firms 
in those industries from 82 percent to 83.2 percent. Similarly, the 
small business share of total assets would increase from 5.6 percent 
under current size standards to 6.0 percent under proposed size 
standards, if adopted.
    Based on the FPDS data for fiscal years 2021-2023, SBA estimates 
that 324 firms that are active in Federal contracting in those 
industries would gain small business status under the proposed size 
standards. Based on the same data, SBA estimates that those newly 
qualified small businesses under the proposed increases to size 
standards, if adopted, could receive Federal small business contracts 
totaling about $647 million annually. That represents a 2.3 percent 
increase to small business dollars from the baseline.
    Under SBA's business loan programs, based on the data for fiscal 
years 2021-2023, SBA estimates up to 84 of SBA's 7(a), CDC/504 and 
micro loans totaling about $49 million could be made to these newly 
qualified small businesses in those industries under the proposed size 
standards. That represents a 0.3 percent increase to the loan amount 
compared to the baseline.
    Newly qualified small businesses will also benefit from the SBA's 
EIDL program. Since the benefit provided through this program is 
contingent on the occurrence and severity of a disaster in the future, 
SBA cannot make a meaningful estimate of this impact. However, based on 
the historical trends of the EIDL data, SBA estimates that, on an 
annual basis, the newly defined small businesses under the proposed 
increases to size standards, if adopted, could receive nine EIDL loans, 
totaling about $0.4 million, representing a 0.3 percent increase from 
the baseline.
    Besides set-aside contracting and financial assistance discussed 
above, small businesses also benefit through reduced fees, less 
paperwork, and fewer compliance requirements that are available to 
small businesses through Federal government. However, SBA has no data 
to estimate the number of small businesses receiving such benefits and 
monetary values of those benefits.
    With more businesses qualifying as small under the proposed 
increases to size standards, Federal agencies will have a larger pool 
of small businesses from which to draw for their small business 
procurement programs. Growing small businesses that are close to 
exceeding the current size standards will be able to retain their small 
business status for a longer period under the higher size standards, 
thereby enabling them to continue to benefit from the small business 
programs.
    The added competition from more businesses qualifying as small can 
result in lower prices to the government for procurements set aside or 
reserved for small businesses, but SBA cannot quantify this impact. 
Costs could be higher when full and open contracts are awarded to 
HUBZone businesses that receive price evaluation preferences. However, 
with agencies likely setting aside more contracts for small businesses 
in response to the availability of a larger pool of small businesses 
under the proposed increases to size standards, HUBZone firms might 
actually end up getting more set-aside contracts and fewer full and 
open contracts, thereby resulting in some cost savings to agencies. 
While SBA cannot estimate such costs savings as it is impossible to 
determine the number and value of unrestricted contracts to be 
otherwise awarded to HUBZone firms will be awarded as set-asides, such 
cost savings are likely to be relatively small as only a small fraction 
of full and open contracts are awarded to HUBZone businesses.

Costs of Increases to Size Standards

    Besides having to register in SAM to be able to participate in 
Federal contracting and update the SAM profile annually, small 
businesses incur no direct costs to gain or retain their small business 
status because of increases to size standards. All businesses willing 
to do business with Federal government must register in SAM and update 
their SAM profiles annually, regardless of their size status. SBA 
believes that a vast majority of businesses that are willing to 
participate in Federal contracting are already registered in SAM and 
update their SAM profiles annually. More importantly, this proposed 
rule does not establish the new size standards for the very first time; 
rather it intends to modify the existing size standards in accordance 
with a statutory requirement and the latest data and other relevant 
factors.
    To the extent that the newly qualified small businesses could 
become active in Federal procurement, the proposed increases to size 
standards, if adopted, may entail some additional administrative costs 
to the government because of more businesses qualifying as small for 
Federal small business programs. For example, there will be more firms 
seeking SBA's loans, more firms eligible for enrollment in the

[[Page 41262]]

Dynamic Small Business Search (DSBS) database or in certify.sba.gov, 
more firms seeking certification as 8(a)/BD or HUBZone firms or 
qualifying for small business, WOSB, EDWOSB, and SDVOSB status, and 
more firms applying for SBA's 8(a)/BD and all small business mentor-
prot[eacute]g[eacute] programs. However, SBA estimates such costs to be 
de minimis because necessary administrative processes and mechanisms 
are already in place.
    With an expanded pool of small businesses, it is likely that 
Federal agencies would set aside more contracts for small businesses 
under the proposed increases to size standards. One may surmise that 
this might result in a higher number of small business size protests 
and additional processing costs to agencies. However, the SBA's 
historical data on size protests shows that the number of size protests 
decreased following the increases to receipts based size standards as 
part of the first and second five-year reviews of size standards under 
the Jobs Act. Specifically, on an annual basis, the number of size 
protests fell from about 500-600 during 2011-2016 to an average of 
about 300 during 2020-2024. Among those newly defined small businesses 
seeking SBA's loans, there could be some additional costs associated 
with verification of their small business status. However, small 
business lenders have an option of using the tangible net worth and net 
income based alternative size standard instead of using the industry-
based size standards to establish eligibility for SBA's loans. For 
these reasons, SBA believes that these added administrative costs will 
be de minimis because necessary mechanisms are already in place to 
handle these added requirements.
    Additionally, some Federal contracts may have higher costs. With a 
greater number of businesses defined as small due to the proposed 
increases to size standards, Federal agencies may choose to set aside 
more contracts for competition among small businesses only instead of 
using a full and open competition. The movement of contracts from 
unrestricted competition to small business set-aside contracts might 
result in competition among fewer total bidders, although there will be 
more small businesses eligible to submit offers under the proposed size 
standards. However, the additional costs associated with fewer bidders 
are expected to be de minimis since, by law, procurements may be set 
aside for small businesses under the 8(a)/BD, HUBZone, WOSB, EDWOSB, or 
SDVOSB programs only if awards are expected to be made at fair and 
reasonable prices.
    Costs may also be higher when full and open contracts are awarded 
to HUBZone businesses that receive price evaluation preferences. 
However, with agencies likely setting aside more contracts for small 
businesses in response to the availability of a larger pool of small 
businesses under the proposed increases to size standards, HUBZone 
firms might actually end up getting fewer full and open contracts, 
thereby resulting in some cost savings to agencies. However, such cost 
savings are likely to be minimal as only a small fraction of 
unrestricted contracts are awarded to HUBZone businesses.

Transfer Impacts of Increases to Size Standards

    The proposed increases to size standards, if adopted, may result in 
some redistribution of Federal contracts between the newly qualified 
small businesses and large businesses and between the newly qualified 
small businesses and small businesses under the current standards. 
However, it would have no impact on the overall economic activity since 
total Federal contract dollars available for businesses to compete for 
will not change with changes to size standards. While SBA cannot 
quantify with certainty the actual outcome of the gains and losses from 
the redistribution contracts among different groups of businesses, it 
can identify several probable impacts in qualitative terms. With the 
availability of a larger pool of small businesses under the proposed 
increases to size standards, some unrestricted Federal contracts which 
would otherwise be awarded to large businesses may be set aside for 
small businesses. As a result, large businesses may lose some Federal 
contracting opportunities. Similarly, some small businesses under the 
current size standards may obtain fewer set aside contracts due to the 
increased competition from more advanced businesses qualifying as small 
under the proposed increases to size standards. This impact may be 
offset by a greater number of procurements being set aside for all 
small businesses. With larger businesses qualifying as small under 
higher size standards, smaller small businesses could face some 
disadvantage in competing for set-aside contracts against their larger 
counterparts. However, SBA cannot quantify these impacts.
    3. What alternatives have been considered?
    Under OMB's Circular A-4, SBA is required to consider regulatory 
alternatives to the proposed changes in the proposed rule. In this 
section, SBA describes and analyzes two such alternatives to the 
proposed rule. Alternative Option One to the proposed rule, a more 
stringent alternative to the proposed rule, would propose adopting size 
standards based solely on the analytical results. In other words, the 
size standards of 263 industries for which the analytical results 
suggest raising size standards would be raised. However, the size 
standards of 212 industries/subindustries for which the analytical 
results suggest lowering size standards would be lowered. Alternative 
Option Two, would propose retaining all size standards for all 
industries. Below, SBA discusses and presents the net impacts of each 
option.

Alternative Option One: Adopting All Calculated Size Standards

    As discussed elsewhere in this proposed rule, Alternative Option 
One would cause 7,882 currently small businesses to lose their small 
business status and hence to lose their access to Federal small 
business assistance, especially small business set-aside contracts and 
SBA's financial assistance in some cases. These consequences could be 
mitigated. For example, in response to the 2008 Financial Crisis and 
economic conditions that followed, in the first five-year review of 
size standards under the Jobs Act, SBA adopted a general policy of not 
lowering any size standard (except to exclude dominant firms) even when 
the analytical results suggested some size standards might be lowered. 
In the second five-year review of size standards under the Jobs Act, in 
response to the economic impacts of the COVID-19 pandemic, SBA decided 
to adopt the same general policy of not lowering size standards, even 
if the analytical results suggested that some size standards might be 
lowered. For the reasons explained elsewhere in this proposed rule, in 
the current third five-year review of size standards under the Jobs 
Act, SBA is proposing a general policy of not lowering any size 
standards, except for excluding dominant firms from qualifying as 
small.
    The primary benefit of adopting this alternative is that SBA's 
procurement, management, technical and financial assistance resources 
would be targeted to the most appropriate beneficiaries of such 
programs according to the analytical results. Adopting the size 
standards suggested by the analytical results would also promote 
consistency with analytical results in SBA's exercise of its authority 
to determine size standards. However, SBA expects the

[[Page 41263]]

benefits of not lowering size standards to exceed the benefits of 
adopting size standards suggested by analytical results. SBA seeks 
public comment on the impact of adopting the size standard as suggested 
by the analytical results.
    As explained in the Size Standards Methodology White Paper, in 
addition to adopting all results of the primary analysis, SBA evaluates 
other relevant factors as needed such as the impact of the reductions 
or increases of size standards on the distribution of contracts awarded 
to small businesses and may adopt different results with the intention 
of mitigating potential negative impacts.
    We have discussed already the benefits and costs of increasing 263 
size standards (259 receipts based and four assets based). Below we 
discuss the benefits and costs of decreasing size standards for 213 
industries/subindustries.

Benefits of Decreases to Size Standards

    The most significant benefit to businesses from decreases to size 
standards when the SBA's analysis suggests such decreases is to ensure 
that size standards are more reflective of latest industry structure 
and Federal market trends and that Federal small business assistance is 
more effectively targeted to its intended beneficiaries. These include 
SBA's business loan programs, EIDL program, and Federal procurement 
programs intended for small businesses. Federal procurement programs 
provide targeted, set-aside opportunities for small businesses under 
SBA's contracting and business development programs, such as small 
business, 8(a)/BD, HUBZone, WOSB, EDWOSB, and SDVOSB programs. The 
adoption of smaller size standards when the results support them 
diminishes the risk of awarding contracts to firms which are not small 
anymore.
    Decreasing size standards may reduce the administrative costs of 
the government, because the risk of awarding contracts to other than 
small businesses may diminish when the size standards reflect better 
the structure of the market. The risks of providing SBA's loans to 
firms that are not needing them the most, or allowing firms that are 
not eligible for small business set-asides or to participate on the SBA 
procurement programs will provide for a better chance for smaller firms 
to grow and benefit from the opportunities available on the Federal 
market, and strengthen the small business industrial base for the 
Federal Government.

Costs of Decreases to Size Standards

    With fewer businesses qualifying as small under the decreases to 
size standards, Federal agencies will have a smaller pool of small 
businesses from which to draw for their small business procurement 
programs. For example, under Alternative Option One, during fiscal 
years 2021-2023, agencies awarded, on an annual basis, about $60.4 
billion in small business contracts in those 213 industries/
subindustries for which this Option considered decreasing size 
standards. Table 20, above, shows that lowering those 213 size 
standards would reduce Federal contract dollars awarded to small 
businesses by about $2.0 billion or about 3.4 percent relative to the 
baseline level, of which 41.6 percent are accounted for by the 
Construction Sector (NAICS 23), followed by the Professional, 
Scientific, and Technical Services Sector (NAICS 54). Because of the 
importance of the construction and professional, scientific, and 
technical services sectors for the Federal procurement and the 
immediate impact on businesses that will see their status as small 
changed relatively fast, SBA could adopt certain mitigating measures to 
reduce the negative impact under the assumptions of Option One. SBA 
could adopt one or more of the following three actions: 1. to accept 
decreases in size standards as suggested by the analytical results, 2. 
to decrease size standards by a smaller amount than the calculated 
threshold, and 3. to retain the size standards at their current levels. 
Nevertheless, since Federal agencies are still required to meet the 
statutory small business contracting goal of 23 percent, actual impacts 
on the overall set aside activity is likely to be smaller as agencies 
are likely to award more set aside contracts to small businesses that 
continue to remain small under the reduced size standards.
    With fewer businesses qualifying as small, the decreased 
competition can also result in higher prices to the Government for 
procurements set aside or reserved for small businesses, but SBA cannot 
quantify this impact. However, SBA estimates an almost null impact or 
non-significant reduction in dollars obligated to small businesses, if 
mitigation measures are adopted.
    Decreases to size standards would have a very minor impact on small 
businesses applying for SBA's business loan programs because a vast 
majority of such loans are issued to businesses that are far below the 
reduced size standards. For example, based on the loan data for fiscal 
years 2021-2023, SBA estimates that about 72 of SBA's 7(a), CDC/504 and 
micro loans with total amounts of $35 million could not be made to 
those small businesses that would lose eligibility under the reduced 
size standards (before mitigation). That represents about one 0.4 
percent decrease in the loan amounts compared to the baseline. Table 
20, above, shows these results. However, the actual impact could be 
much less as businesses losing small business eligibility under the 
decreases to industry based size standards could still qualify for 
SBA's loans under the tangible net worth and net income based 
alternative size standard.
    Businesses losing small business status would also be impacted in 
terms of access to loans through the SBA's EIDL program. However, SBA 
expects such an impact to be minimal because the vast majority of EIDL 
recipients were well below the reduced size standards. As shown in 
Table 20 (above), based on EIDL data during fiscal years 2021-2023, 
only six loans, totaling $0.3 million, could not be made to businesses 
losing small business status if SBA were to decrease size standards in 
those 213 industries/subindustries. Additionally, since this program is 
contingent on the occurrence and severity of a disaster in the future, 
SBA cannot make a meaningful estimate of this impact.
    Small businesses becoming other than small if size standards were 
decreased might lose benefits through reduced fees, less paperwork, and 
fewer compliance requirements that are available to small businesses 
through Federal government, but SBA has no data to quantify this 
impact. However, if agencies determine that SBA's size standards do not 
adequately serve such purposes, they can establish a different size 
standard with an approval from SBA if they are required to use SBA's 
size standards for their programs.

Transfer Impacts of Decreases to Size Standards

    If the size standards were decreased under Alternative Option One, 
it may result in a redistribution of Federal contracts between small 
businesses losing the small business status and large businesses, and 
between small businesses losing the small business status and small 
businesses remaining small under the reduced size standards. However, 
as under the proposed increases to size standards, it would have no 
impact on the overall economic activity since total Federal contract 
dollars available for businesses to compete for will stay the same. 
While SBA cannot estimate with certainty the actual outcome of the 
gains and losses

[[Page 41264]]

among different groups of businesses from contract redistribution 
resulting from decreases to size standards, it can identify several 
probable impacts. With a smaller pool of small businesses under the 
decreases to size standards, some set-aside Federal contracts to be 
otherwise awarded to small businesses may be competed on an 
unrestricted basis. As a result, large businesses may have more Federal 
contracting opportunities. However, because agencies are still required 
by law to award 23 percent of dollars to small businesses, SBA expects 
the movement of set-aside contracts to unrestricted competition to be 
limited. For the same reason, small businesses remaining small under 
the reduced size standards are likely to obtain more set aside 
contracts due to the reduced competition from fewer businesses 
qualifying as small under the decreases to size standards. With some 
larger small businesses losing small business status under the 
decreases to size standards, smaller small businesses would likely 
become more competitive in obtaining set aside contracts. However, SBA 
cannot quantify these impacts.

Net Impacts of Alternative Option One

    To estimate the net impacts of Alternative Option One, SBA followed 
the same methodology the Agency used to evaluate the impacts of the 
proposed increases to size standards (see Table 20, above). However, 
under Alternative Option One, SBA used the calculated size standards 
instead of the proposed ones to determine the net impacts of adopting 
changes to current thresholds. The impacts of the increases of size 
standards were already shown in Table 20 (above). Also presented in 
Table 20 are the impacts of the decreases in size standards, as well as 
the net impacts of adopting the calculated results under Alternative 
Option One.
    Based on the 2017 Economic and Agricultural Census, SBA estimates 
that in 476 industries or subindustries (including 263 increases and 
213 decreases) for which the analytical results suggested changing the 
size standards, about 3,350 firms (see Table 20, above) would become 
small under Alternative Option One. That represents less than 0.1 
percent of all firms in those industries/subindustries classified as 
small under the current size standards.
    Based on the FPDS data for fiscal years 2021-2023, SBA estimates 
that, in terms of net impact, about 46 active firms in Federal 
contracting in those industries, most of them from the construction 
sector, would lose small business status under Alternative Option One. 
This represents a decrease of about 0.1 percent of the total number of 
small businesses participating in Federal contracting under the current 
size standards. Based on the same data, SBA estimates that about $1.4 
billion of Federal procurement dollars would not be available to firms 
losing their small status. This represents a decrease of 1.6 percent 
from the baseline. Again, a large amount of the losses are accounted 
for by the construction sector.
    Based on the SBA's business loan data for fiscal years 2021-2023, 
the total number of 7(a), CDC/504 and micro loans may decrease by about 
12 loans, and the loan amount will decrease by about $14 million. This 
represents about 0.1 percent decrease in the SBA business loan amount 
relative to the baseline.
    Firms' participation under the SBA's EIDL program will be affected 
as well. Since the benefit provided through this program is contingent 
on the occurrence and severity of a disaster in the future, SBA cannot 
make a meaningful estimate of this impact. However, based on the 
historical trends of the EIDL data, SBA estimates that, on an annual 
basis, the net impact of Alternative Option One on additional loans is 
three, and additional total loan amount of about $0.1 million for the 
industries/subindustries for which analytical results suggested changes 
to size standards.

Alternative Option Two: Retaining All Current Size Standards

    Under this option, as discussed elsewhere, SBA considered retaining 
the current levels of all size standards even though the analytical 
results may suggest changing them. SBA estimates a net impact of zero 
for this option, when compared to the baseline. However, if we compare 
the proposal of adopting 263 increases to size standards with this 
alternative approach, the benefits for small businesses of adopting the 
former will not be attained.

Executive Order 14192

    E.O. 14192, titled ``Unleashing Prosperity Through Deregulation'' 
(90 FR 9065; February 6, 2025), and the accompanying OMB guidance (OMB 
M-25-20), dated March 26, 2025, require agencies to identify at least 
10 existing rules to be repealed for each new regulation. E.O. 14192 
and OMB guidance require agencies to ensure the total incremental costs 
of new regulations, including repealed regulations, being finalized in 
fiscal year 2025, shall be significantly less than zero. E.O. 14192 and 
OMB guidance provide that any new incremental costs associated with new 
regulations shall, to the extent permitted by law, be offset by the 
elimination of existing costs associated with at least 10 prior 
regulations being repealed.
    This rule is not an E.O. 14192 ``regulatory action,'' because this 
rule is not significant under E.O. 12866.

Initial Regulatory Flexibility Act

    According to the Regulatory Flexibility Act (RFA), 5 U.S.C. 601-
612, when an agency issues a rulemaking, it must prepare a regulatory 
flexibility analysis to address the impact of the rule on small 
entities.
    This proposed rule, if adopted, may have a significant impact on a 
substantial number of small businesses in the industries and 
subindustries covered by this proposed rule. As described above, this 
rule may affect small businesses seeking Federal contracts, loans under 
SBA's 7(a), CDC/504, micro EIDL Loan Programs, and assistance under 
other Federal small business programs.
    Immediately below, SBA sets forth an initial regulatory flexibility 
analysis (IRFA) of this proposed rule addressing the following 
questions: (1) What are the need for and objective of the rule?; (2) 
What are SBA's description and estimate of the number of small 
businesses to which the rule will apply?; (3) What are the projected 
reporting, record keeping, and other compliance requirements of the 
rule?; (4) What are the relevant Federal rules that may duplicate, 
overlap, or conflict with the rule?; and (5) What alternatives will 
allow the Agency to accomplish its regulatory objectives while 
minimizing the impact on small businesses?
    1. What are the need for and objective of the rule?
    Changes in industry structure, technological changes, productivity 
growth, mergers and acquisitions, and updated industry definitions have 
changed the structure of many of the industries covered by this 
proposed rule. Such changes can be enough to support revisions to 
current size standards for some industries. Based on the analysis of 
the latest data available, SBA believes that the revised standards in 
this proposed rule more appropriately reflect the size of businesses 
that need Federal assistance. The Small Business Jobs Act of 2010 also 
requires SBA to review every five years all size standards and make 
necessary adjustments to reflect market conditions. SBA completed the 
first five-year review of size standards in 2016 and the second five-
year review in 2023. This rule is part of the ongoing third five-year 
review of size standards under the Jobs Act.

[[Page 41265]]

    2. What are SBA's description and estimate of the number of small 
businesses to which the rule will apply?
    Based on data from the 2017 Economic and Agricultural Census 
(latest available when this proposed rule was prepared), SBA estimates 
that there are about 5.04 million small firms covered by this 
rulemaking under industries with proposed increases to size standards. 
If the proposed rule is adopted in its present form, SBA estimates that 
an additional 11,300 businesses will become small.
    3. What are the projected reporting, record keeping and other 
compliance requirements of the rule?
    The proposed size standard changes impose no additional reporting 
or record keeping requirements on small businesses. However, qualifying 
for Federal procurement and a number of other programs requires that 
businesses register in SAM and self-certify that they are small at 
least once annually. Therefore, businesses opting to participate in 
those programs must comply with SAM requirements. There are no costs 
associated with SAM registration or certification. Changing size 
standards alters the access to SBA's programs that assist small 
businesses but does not impose a regulatory burden because they neither 
regulate nor control business behavior.
    4. What are the relevant Federal rules, which may duplicate, 
overlap or conflict with the rule?
    Under section 3(a)(2)(C) of the Small Business Act, 15 U.S.C. 
632(a)(2)(c), Federal agencies must use SBA's size standards to define 
a small business, unless specifically authorized by statute to do 
otherwise. In 1995, SBA published in the Federal Register a list of 
statutory and regulatory size standards that identified the application 
of SBA's size standards as well as other size standards used by Federal 
agencies (60 FR 57988 (November 24, 1995)). SBA is not aware of any 
Federal rules that would duplicate or conflict with establishing size 
standards.
    However, the Small Business Act and SBA's regulations allow Federal 
agencies to develop different size standards if they believe that SBA's 
size standards are not appropriate for their programs, with the 
approval of SBA's Administrator (13 CFR 121.903). The Regulatory 
Flexibility Act authorizes an Agency to establish an alternative small 
business definition, after consultation with the Office of Advocacy of 
the U.S. Small Business Administration (5 U.S.C. 601(3)).
    5. What alternatives will allow the Agency to accomplish its 
regulatory objectives while minimizing the impact on small entities?
    By law, SBA is required to develop numerical size standards for 
establishing eligibility for Federal small business assistance 
programs. Other than varying size standards by industry and changing 
the size measures, no practical alternative exists to the systems of 
numerical size standards.

Executive Order 13563

    Executive Order 13563 emphasizes the importance of quantifying both 
costs and benefits, reducing costs, harmonizing rules, and promoting 
flexibility. A description of the need for this regulatory action and 
benefits and costs associated with this action including possible 
distributional impacts that relate to Executive Order 13563 is included 
above in the Regulatory Impact Analysis under Executive Order 12866. 
Additionally, Executive Order 13563, section 6, calls for retrospective 
analyses of existing rules.
    The review of size standards in the industries covered by this 
proposed rule is consistent with section 6 of Executive Order 13563 and 
the Jobs Act which requires SBA to review all size standards and make 
necessary adjustments to reflect market conditions. Specifically, the 
Jobs Act requires SBA to review at least one-third of all size 
standards during every 18-month period from the date of its enactment 
(September 27, 2010) and to review all size standards not less 
frequently than once every five years, thereafter. In accordance with 
the Jobs Act, SBA completed the first five-year comprehensive review of 
size standards in 2016 and the second five-year comprehensive review in 
2023. This proposed rule is part of the third five-year comprehensive 
review of size standards under the Jobs Act.
    In conjunction with the third five-year review of size standards 
under the Jobs Act, SBA issued a White Paper entitled ``Revised Size 
Standards Methodology'' and published a notice in the December 11, 
2023, edition of the Federal Register (88 FR 85852) to advise the 
public that the document is available for public review and comments. 
Pursuant to section 1344 of the Jobs Act, on June 23 and 25, 2023, SBA 
held two public forums on size standards to update the public on the 
status of the quinquennial reviews of size standards under the Jobs Act 
and seek public feedback on proposed revisions to the size standards 
methodology. The ``Size Standards Methodology'' White Paper explains 
how SBA establishes, reviews, or modifies its small business size 
standards. SBA received 21 comments, including one received during the 
public forums on size standards. SBA considered all input, suggestions, 
recommendations, and relevant information obtained from industry 
groups, individual businesses, and Federal agencies in finalizing the 
Revised Methodology. Along with the publication of a notice in the 
September 12, 2024, Federal Register issue (89 FR 74109), on the same 
date, SBA issued the final Revised Methodology at its website at 
www.sba.gov/size. SBA has relied on the Revised Methodology to develop 
the proposed size standards changes in this proposed rule.

Executive Order 12988

    This action meets applicable standards set forth in sections 3(a) 
and 3(b)(2) of Executive Order 12988, Civil Justice Reform, to minimize 
litigation, eliminate ambiguity, and reduce burden. The action does not 
have retroactive or preemptive effect.

Executive Order 13132

    For purposes of Executive Order 13132, SBA has determined that this 
proposed rule will not have substantial, direct effects on the States, 
on the relationship between the national government and the States, or 
on the distribution of power and responsibilities among the various 
levels of government. Therefore, SBA has determined that this proposed 
rule has no federalism implications warranting preparation of a 
federalism assessment.

Paperwork Reduction Act

    For the purpose of the Paperwork Reduction Act, 44 U.S.C. Ch. 35, 
SBA has determined that this rule will not impose any new reporting or 
record keeping requirements.

List of Subjects in 13 CFR Part 121

    Administrative practice and procedure, Authority delegations 
(Government agencies), Government procurement, Government property, 
Grant programs--business, Individuals with disabilities, 
Intergovernmental relations, Investigations, Investment companies, Loan 
programs--business, Reporting and recordkeeping requirements, Small 
businesses.
    For the reasons set forth in the preamble, SBA proposes to amend 13 
CFR part 121 as follows:

PART 121--SMALL BUSINESS SIZE REGULATIONS

0
1. The authority citation for part 121 continues to read as follows:


[[Page 41266]]


    Authority:  15 U.S.C. 632, 634(b)(6), 636(a)(36) 662, and 
694a(9).

0
2. In Sec.  121.201, amend the table ``Small Business Size Standards by 
NAICS Industry'' by revising:
0
a. Under Subsector 111, the entries for ``111110'', ``111120'', 
``111140'', ``111150'', ``111160'', ``111191'', ``111199'', ``111910'', 
``111940'', ``111991'', ``111992'', and ``111998'';
0
b. Under Subsector 112, the entries for ``112111'', ``112320'', 
``112420'', ``112920'', and ``112990'';
0
c. Under Subsector 113, the entries for ``113110'' and ``113210'';
0
d. Under Subsector 114, the entries for ``114112''. ``114119'', and 
``114210'';
0
e. Under Subsector 115, the entries for ``115111'', ``115112'', 
``115113''; ``115115'', ``115116'', ``115210'', and ``115310'';
0
f. Under Subsection 213, the entry for ``213115'';
0
g. Under Subsector 221, the entries for ``221310'' and ``221330'';
0
h. Under Subsector 238, the entry for ``238290'';
0
i. Under Subsector 441, the entry for ``441330'';
0
j. Under Subsector 444, the entries for ``444120'', ``444140'', 
``444230'', and ``444240'';
0
k. Under Subsector 445, the entries for ``445132'', ``445230'', 
``445240'', ``445250'', ``445291'', ``445292'', ``445298'', and 
``445320'';
0
l. Under Subsector 449, the entries for ``449110'', ``449121'', 
449122'', and ``449129'';
0
m. Under Subsector 456, the entries for ``456110'' and ``456199'';
0
n. Under Subsector 457, the entry for ``457120'';
0
o. Under Subsector 458, the entries for ``458210'', ``458310'', and 
``458320'';
0
p. Under Subsector 459, the entries for ``459110'', ``459120'', 
``459310'', ``459420'', ``459510'', ``459910'', ``459920'', ``459930'', 
and ``459999'';
0
q. Under Subsector 481, the entry for ``481219'';
0
r. Under Subsector 485, the entries for ``485113'', ``485210'', 
``485310'', ``485410'' ``485510'', ``485991'', and ``485999'';
0
s. Under Subsector 486, the entry for ``486210'';
0
t. Under Subsector 487, the entries for ``487210'' and ``487990'';
0
u. Under Subsector 488, the entries for ``488410'', ``488490'', 
``488510'', and ``488999'';
0
v. Under Subsector 488, eliminate the entry ``488510 (Exception)'';
0
w. Under Subsector 493, the entry for ``493120'';
0
x. Under Subsector 512, the entries for ``512132'', ``512240'', and 
``512290'';
0
y. Under Subsector 517, the entries for ``517410'' and ``517810'';
0
z. Under Subsector 518, the entry for ``518210'';
0
aa. Under Subsector 519, the entry for ``519210'';
0
bb. Under Subsector 522, the entries for ``522110'', ``522130'', 
``522180'', ``522210'', ``522310'' and ``522390'';
0
cc. Under Subsector 524, the entries for ``524210'', ``524292'', and 
``524298'';
0
dd. Under Subsector 531, the entries for ``531210'', ``531311'', 
``531312'', ``531320'', and ``531390'';
0
ee. Under Subsector 532, the entries for ``532284'', ``532289'', 
``532310'', ``532411'', and ``532412'';
0
ff. Under Subsector 541, the entries for ``541110'', ``541199'', 
``541211'', ``541213'', ``541310'', ``541320'', ``541330'', ``541330 
(Exception 1)'', ``541330 (Exception 2)'', ``541330 (Exception 3)'', 
``541340'', ``541350'', ``541360'', ``541380'', ``541410'', ``541420'', 
``541430'', ``541490'', ``541611'', ``541613'', ``541614'', ``541720'', 
``541810'', ``541820'', ``541830'', ``541840'', ``541860'', ``541870'', 
``541890'', ``541910'', ``541921'', ``541922'', ``541930'', and 
``541940'';
0
gg. Under Subsector 561.the entries for ``561110'', ``561330'', 
``561410'', ``561421'', ``561422'', ``561439'', ``561440'', ``561450'', 
``561492'', ``561499'', ``561510'', ``561599'', ``561612'', ``561613'', 
``561621'', ``561710'', ``561730'', ``561740'', ``561790'', ``561910'', 
``561920'', and ``561990'';
0
hh. Under Subsector 562, the entry for ``562991'';
0
ii. Under Subsector 611, the entries for ``611110'', ``611310'', 
``611410'', ``611420'', ``611430'', ``611511'', ``611512'', ``611513'', 
``611610'' ``611620'', ``611630'', ``611691'', ``611692'', and 
``611710'';
0
jj. Under Subsector 621, the entries for ``621111'', ``621210'', 
``621310'', ``621320'', ``621330'', ``621340'', ``621391'', ``621399'', 
``621410'', ``621493'', ``621498'', ``621511'', ``621512'', ``621610'', 
``621910'', and ``621999'';
0
kk. Under Subsector 623, the entries for ``623210'', ``623220'', 
``623312'', and ``623990'';
0
ll. Under Subsector 624, the entries for ``624110'', ``624120'', 
``624190'', ``624210'', ``624221'', ``624229'', ``624230'', ``624310'', 
and ``624410'';
0
mm. Under Subsector 711, the entries for ``711120'', ``711130'', 
``711190'', ``711219'', ``711320'', ``711410'', and ``711510'';
0
nn. Under Subsector 712, the entries for ``712120'' and ``712190'';
0
oo. Under Subsector 713, the entries for ``713120'', ``713920'', 
``713930'', ``713940'', ``713950'', and ``713990'';
0
pp. Under Subsector 721, the entries for ``721191'', ``721199'', 
``721211'', ``721214'', and ``721310'';
0
qq. Under Subsector 722, the entries for ``722320'', ``722330'', 
``722410'', ``722511'', and ``722513'';
0
rr. Under Subsector 811, the entries for ``811111'', ``811114'', 
``811121'', ``811122'', ``811191'', ``811192'', ``811198'', ``811310'', 
``811411'', ``811412'', ``811420'', ``811430'', and ``811490'';
0
ss. Under Subsector 812, the entries for ``812111'', ``812112'', 
``812113'', ``812199'', ``812210'', ``812310'', ``812320'', ``812910'', 
``812921'', and ``812990''; and
0
tt. Under Subsector 813, the entries for ``813110'', ``813311'', 
``813312'', ``813319'', ``813410'', ``813910'', ``813920'', ``813930'', 
``813940'', and ``813990''.
0

    3. Include a new footnote, Footnote 19, to entries ``541330'', 
``541330 (Exception 1)'', ``541330 (Exception 2)'', and ``541330 
Exception 3)''.
    The revisions read as follows:


Sec.  121.201  What size standards has SBA identified by North American 
Industry Classification System codes?

* * * * *

                                 Small Business Size Standards by NAICS Industry
----------------------------------------------------------------------------------------------------------------
                                                               Size standards in
           NAICS code              NAICS U.S. industry title      millions of       Size standards in number of
                                                                    dollars                  employees
----------------------------------------------------------------------------------------------------------------
                              Sector 11--Agriculture, Forestry, Fishing and Hunting
----------------------------------------------------------------------------------------------------------------
                                         Subsector 111--Crop Production
----------------------------------------------------------------------------------------------------------------
111110.........................  Soybean Farming.............              $2.75  ..............................

[[Page 41267]]

 
111120.........................  Oilseed (except Soybean)                   2.75  ..............................
                                  Farming.
 
                                                  * * * * * * *
111140.........................  Wheat Farming...............                2.5  ..............................
111150.........................  Corn Farming................               2.75  ..............................
111160.........................  Rice Farming................               2.75  ..............................
111191.........................  Oilseed and Grain                          2.75  ..............................
                                  Combination Farming.
111199.........................  All Other Grain Farming.....               2.75  ..............................
 
                                                  * * * * * * *
111910.........................  Tobacco Farming.............               2.75  ..............................
 
                                                  * * * * * * *
111940.........................  Hay Farming.................               2.75  ..............................
111991.........................  Sugar Beet Farming..........                3.0  ..............................
111992.........................  Peanut Farming..............                3.0  ..............................
111998.........................  All Other Miscellaneous Crop                3.0  ..............................
                                  Farming.
----------------------------------------------------------------------------------------------------------------
                                Subsector 112--Animal Production and Aquaculture
----------------------------------------------------------------------------------------------------------------
112111.........................  Beef Cattle Ranching and                   2.75  ..............................
                                  Farming.
 
                                                  * * * * * * *
112320.........................  Broilers and Other Meat Type               3.75  ..............................
                                  Chicken Production.
 
                                                  * * * * * * *
112420.........................  Goat Farming................               2.75  ..............................
 
                                                  * * * * * * *
112920.........................  Horses and Other Equine                     3.0  ..............................
                                  Production.
 
                                                  * * * * * * *
112990.........................  All Other Animal Production.               3.25  ..............................
----------------------------------------------------------------------------------------------------------------
                                       Subsector 113--Forestry and Logging
----------------------------------------------------------------------------------------------------------------
113110.........................  Timber Tract Operations.....               26.0  ..............................
113210.........................  Forest Nurseries and                       21.5  ..............................
                                  Gathering of Forest
                                  Products.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                  Subsector 114--Fishing, Hunting and Trapping
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
114112.........................  Shellfish Fishing...........               15.0  ..............................
114119.........................  Other Marine Fishing........               25.5  ..............................
114210.........................  Hunting and Trapping........               14.5  ..............................
----------------------------------------------------------------------------------------------------------------
                         Subsector 115--Support Activities for Agriculture and Forestry
----------------------------------------------------------------------------------------------------------------
115111.........................  Cotton Ginning..............               17.0  ..............................
115112.........................  Soil Preparation, Planting,                12.0  ..............................
                                  and Cultivating.
115113.........................  Crop Harvesting, Primarily                 21.5  ..............................
                                  by Machine.
 
                                                  * * * * * * *
115115.........................  Farm Labor Contractors and                 20.0  ..............................
                                  Crew Leaders.
115116.........................  Farm Management Services....               22.0  ..............................
115210.........................  Support Activities for                     14.0  ..............................
                                  Animal Production.
115310.........................  Support Activities for                     13.5  ..............................
                                  Forestry.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                            Sector 21--Mining, Quarrying, and Oil and Gas Extraction
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                  Subsector 213--Support Activities for Mining
----------------------------------------------------------------------------------------------------------------
 

[[Page 41268]]

 
                                                  * * * * * * *
213115.........................  Support Activities for                     27.0  ..............................
                                  Nonmetallic Minerals
                                  (except Fuels) Mining.
----------------------------------------------------------------------------------------------------------------
                                              Sector 22--Utilities
----------------------------------------------------------------------------------------------------------------
                                            Subsector 221--Utilities
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
221310.........................  Water Supply and Irrigation                41.5  ..............................
                                  Systems.
 
                                                  * * * * * * *
221330.........................  Steam and Air-Conditioning                 36.0  ..............................
                                  Supply.
----------------------------------------------------------------------------------------------------------------
                                             Sector 23--Construction
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                   Subsector 238--Specialty Trade Contractors
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
238120.........................  Structural Steel and Precast               19.5  ..............................
                                  Concrete Contractors.
 
                                                  * * * * * * *
238290.........................  Other Building Equipment                   27.5  ..............................
                                  Contractors.
 
----------------------------------------------------------------------------------------------------------------
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                           Sector 44-45--Retail Trade
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                 Subsector 441--Motor Vehicle and Parts Dealers
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
441330.........................  Automotive Parts and                       29.5  ..............................
                                  Accessories Retailers.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                   Subsector 444--Building Material and Garden Equipment and Supplies Dealers
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
444120.........................  Paint and Wallpaper                        38.5  ..............................
                                  Retailers.
444140.........................  Hardware Retailers..........               22.0  ..............................
 
                                                  * * * * * * *
444230.........................  Outdoor Power Equipment                    13.5  ..............................
                                  Retailers.
444240.........................  Nursery, Garden Center, and                25.0  ..............................
                                  Farm Supply Retailers.
----------------------------------------------------------------------------------------------------------------
                                     Subsector 445--Food and Beverage Stores
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
445132.........................  Vending Machine Operators...               28.5  ..............................
445230.........................  Fruit and Vegetable                        14.0  ..............................
                                  Retailers.
445240.........................  Meat Retailers..............               11.5  ..............................
445250.........................  Fish and Seafood Retailers..               12.0  ..............................
445291.........................  Baked Goods Retailers.......               16.5  ..............................
445292.........................  Confectionery and Nut                      21.5  ..............................
                                  Retailers.
445298.........................  All Other Specialty Food                   11.5  ..............................
                                  Retailers.
445320.........................  Beer, Wine, and Liquor                     14.0  ..............................
                                  Retailers.
----------------------------------------------------------------------------------------------------------------
                Subsector 449--Furniture, Home Furnishings, Electronics, and Appliance Retailers
----------------------------------------------------------------------------------------------------------------
449110.........................  Furniture Retailers.........               26.0  ..............................

[[Page 41269]]

 
449121.........................  Floor Covering Retailers....               14.5  ..............................
449122.........................  Window Treatment Retailers..               13.0  ..............................
449129.........................  All Other Home Furnishings                 34.5  ..............................
                                  Retailers.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                Subsector 456--Health and Personal Care Retailers
----------------------------------------------------------------------------------------------------------------
456110.........................  Pharmacies and Drug                        38.0  ..............................
                                  Retailers.
 
                                                  * * * * * * *
456199.........................  All Other Health and                       15.0  ..............................
                                  Personal Care Retailers.
----------------------------------------------------------------------------------------------------------------
                                Subsector 457--Gasoline Stations and Fuel Dealers
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
457120.........................  Other Gasoline Stations.....               36.0  ..............................
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                   Subsector 458--Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
458210.........................  Shoe Retailers..............               34.5  ..............................
458310.........................  Jewelry Retailers...........               23.5  ..............................
458320.........................  Luggage and Leather Goods                  41.0  ..............................
                                  Retailers.
----------------------------------------------------------------------------------------------------------------
           Subsector 459--Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers
----------------------------------------------------------------------------------------------------------------
459110.........................  Sporting Goods Retailers....               28.5  ..............................
459120.........................  Hobby, Toy, and Game                       35.5  ..............................
                                  Retailers.
 
                                                  * * * * * * *
459310.........................  Florists....................               10.5  ..............................
 
                                                  * * * * * * *
459420.........................  Gift, Novelty, and Souvenir                19.0  ..............................
                                  Retailers.
459510.........................  Used Merchandise Retailers..               17.0  ..............................
459910.........................  Pet and Pet Supplies                       33.5  ..............................
                                  Retailers.
459920.........................  Art Dealers.................               24.0  ..............................
459930.........................  Manufactured (Mobile) Home                 26.0  ..............................
                                  Dealers.
 
                                                  * * * * * * *
459999.........................  All Other Miscellaneous                    34.0  ..............................
                                  Retailers.
----------------------------------------------------------------------------------------------------------------
                                  Sector 48-49--Transportation and Warehousing
----------------------------------------------------------------------------------------------------------------
                                        Subsector 481--Air Transportation
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
481219.........................  Other Nonscheduled Air                     28.0  ..............................
                                  Transportation.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                           Subsector 485--Transit and Ground Passenger Transportation
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
485113.........................  Bus and Other Motor Vehicle                41.0  ..............................
                                  Transit Systems.
 
                                                  * * * * * * *
485210.........................  Interurban and Rural Bus                  34.00  ..............................
                                  Transportation.
485310.........................  Taxi and Ridesharing                       37.0  ..............................
                                  Services.
 
                                                  * * * * * * *
485410.........................  School and Employee Bus                    31.5  ..............................
                                  Transportation.
485510.........................  Charter Bus Industry........               20.0  ..............................
485991.........................  Special Needs Transportation               19.5  ..............................

[[Page 41270]]

 
485999.........................  All Other Transit and Ground               19.5  ..............................
                                  Passenger Transportation.
----------------------------------------------------------------------------------------------------------------
                                     Subsector 486--Pipeline Transportation
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
486210.........................  Pipeline Transportation of                46.00  ..............................
                                  Natural Gas.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                              Subsector 487--Scenic and Sightseeing Transportation
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
487210.........................  Scenic and Sightseeing                     18.0  ..............................
                                  Transportation, Water.
487990.........................  Scenic and Sightseeing                     27.5  ..............................
                                  Transportation, Other.
----------------------------------------------------------------------------------------------------------------
                              Subsector 488--Support Activities for Transportation
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
488410.........................  Motor Vehicle Towing........               11.0  ..............................
488490.........................  Other Support Activities for               24.0  ..............................
                                  Road Transportation.
488510.........................  Freight Transportation                \10\ 34.0  ..............................
                                  Arrangement \10\.
 
                                                  * * * * * * *
488999.........................  All Other Support Activities               31.0  ..............................
                                  for Transportation.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                     Subsector 493--Warehousing and Storage
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
493120.........................  Refrigerated Warehousing and               39.5  ..............................
                                  Storage.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                             Sector 51--Information
----------------------------------------------------------------------------------------------------------------
                          Subsector 512--Motion Picture and Sound Recording Industries
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
512132.........................  Drive-In Motion Picture                    18.0  ..............................
                                  Theaters.
 
                                                  * * * * * * *
512240.........................  Sound Recording Studios.....               13.5  ..............................
 
                                                  * * * * * * *
512290.........................  Other Sound Recording                      27.5  ..............................
                                  Industries.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                        Subsector 517--Telecommunications
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
517410.........................  Satellite Telecommunications               45.0  ..............................
517810.........................  All Other Telecommunications               45.5  ..............................
----------------------------------------------------------------------------------------------------------------
      Subsector 518--Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
----------------------------------------------------------------------------------------------------------------
518210.........................  Computing Infrastructure                   40.5  ..............................
                                  Providers, Data Processing,
                                  Web Hosting, and Related
                                  Services.
----------------------------------------------------------------------------------------------------------------
             Subsector 519--Web Search Portals, Libraries, Archives, and Other Information Services
----------------------------------------------------------------------------------------------------------------
519210.........................  Libraries and Archives......               24.0  ..............................
 

[[Page 41271]]

 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                        Sector 52--Finance and Insurance
----------------------------------------------------------------------------------------------------------------
                           Subsector 522--Credit Intermediation and Related Activities
----------------------------------------------------------------------------------------------------------------
522110.........................  Commercial Banking \8\......    \8\ 925 million  ..............................
                                                                       in assets
522130.........................  Credit Unions \8\...........    \8\ 925 million  ..............................
                                                                       in assets
522180.........................  Savings Institutions and        \8\ 925 million  ..............................
                                  Other Depository Credit              in assets
                                  Intermediation\8\.
522210.........................  Credit Card Issuing \8\.....    \8\ 925 million  ..............................
                                                                       in assets
 
                                                  * * * * * * *
522310.........................  Mortgage and Nonmortgage                   23.5  ..............................
                                  Loan Brokers.
 
                                                  * * * * * * *
522390.........................  Other Activities Related to                37.0  ..............................
                                  Credit Intermediation.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                            Subsector 524--Insurance Carriers and Related Activities
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
524210.........................  Insurance Agencies and                     19.0  ..............................
                                  Brokerages.
 
                                                  * * * * * * *
524292.........................  Pharmacy Benefit Management                47.0  ..............................
                                  and Other Third Party
                                  Administration of Insurance
                                  and Pension Funds.
524298.........................  All Other Insurance Related                32.0  ..............................
                                  Activities.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                  Sector 53--Real Estate and Rental and Leasing
----------------------------------------------------------------------------------------------------------------
                                           Subsector 531--Real Estate
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
531210.........................  Offices of Real Estate                \10\ 19.5  ..............................
                                  Agents and Brokers \10\.
531311.........................  Residential Property                       17.5  ..............................
                                  Managers.
531312.........................  Nonresidential Property                    32.5  ..............................
                                  Managers.
531320.........................  Offices of Real Estate                     16.0  ..............................
                                  Appraisers.
531390.........................  Other Activities Related to                25.0  ..............................
                                  Real Estate.
----------------------------------------------------------------------------------------------------------------
                                   Subsector 532--Rental and Leasing Services
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
532284.........................  Recreational Goods Rental...               14.0  ..............................
532289.........................  All Other Consumer Goods                   15.5  ..............................
                                  Rental.
532310.........................  General Rental Centers......               13.0  ..............................
532411.........................  Commercial Air, Rail, and                  47.0  ..............................
                                  Water Transportation
                                  Equipment Rental and
                                  Leasing.
532412.........................  Construction, Mining, and                  42.0  ..............................
                                  Forestry Machinery and
                                  Equipment Rental and
                                  Leasing.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                           Sector 54--Professional, Scientific and Technical Services
----------------------------------------------------------------------------------------------------------------
                         Subsector 541--Professional, Scientific and Technical Services
----------------------------------------------------------------------------------------------------------------
541110.........................  Offices of Lawyers..........               19.0  ..............................
 
                                                  * * * * * * *
541199.........................  All Other Legal Services....               24.5  ..............................
541211.........................  Offices of Certified Public                31.5  ..............................
                                  Accountants.
541213.........................  Tax Preparation Services....               26.0  ..............................
 

[[Page 41272]]

 
                                                  * * * * * * *
541310.........................  Architectural Services......               16.0  ..............................
541320.........................  Landscape Architectural                    11.0  ..............................
                                  Services.
541330.........................  Engineering Services \19\...          \19\ 29.0  ..............................
541330 (Exception 1)...........  Military and Aerospace                \19\ 47.0  ..............................
                                  Equipment and Military
                                  Weapons \19\.
541330 (Exception 2)...........  Contracts and Subcontracts            \19\ 47.0  ..............................
                                  for Engineering Services
                                  Awarded Under the National
                                  Energy Policy Act of 1992
                                  \19\.
541330 (Exception 3)...........  Marine Engineering and Naval          \19\ 47.0  ..............................
                                  Architecture \19\.
541340.........................  Drafting Services...........               12.0  ..............................
541350.........................  Building Inspection Services               12.5  ..............................
541360.........................  Geophysical Surveying and                  29.0  ..............................
                                  Mapping Services.
 
                                                  * * * * * * *
541380.........................  Testing Laboratories and                   23.5  ..............................
                                  Services.
541410.........................  Interior Design Services....               11.5  ..............................
541420.........................  Industrial Design Services..               19.5  ..............................
541430.........................  Graphic Design Services.....               11.5  ..............................
541490.........................  Other Specialized Design                   17.0  ..............................
                                  Services.
 
                                                  * * * * * * *
541611.........................  Administrative Management                  27.0  ..............................
                                  and General Management
                                  Consulting Services.
 
                                                  * * * * * * *
541613.........................  Marketing Consulting                       19.5  ..............................
                                  Services.
541614.........................  Process, Physical                          21.0  ..............................
                                  Distribution, and Logistics
                                  Consulting Services.
 
                                                  * * * * * * *
541720.........................  Research and Development in                31.0  ..............................
                                  the Social Sciences and
                                  Humanities.
541810.........................  Advertising Agencies \10\...          \10\ 30.0  ..............................
541820.........................  Public Relations Agencies...               20.0  ..............................
541830.........................  Media Buying Agencies.......               37.5  ..............................
541840.........................  Media Representatives.......               27.0  ..............................
 
                                                  * * * * * * *
541860.........................  Direct Mail Advertising.....               23.0  ..............................
541870.........................  Advertising Material                       36.5  ..............................
                                  Distribution Services.
541890.........................  Other Services Related to                  20.0  ..............................
                                  Advertising.
541910.........................  Marketing Research and                     28.0  ..............................
                                  Public Opinion Polling.
541921.........................  Photography Studios,                       22.5  ..............................
                                  Portrait.
541922.........................  Commercial Photography......               12.0  ..............................
541930.........................  Translation and                            25.0  ..............................
                                  Interpretation Services.
541940.........................  Veterinary Services.........               14.5  ..............................
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
               Sector 56--Administrative and Support and Waste Management and Remediation Services
----------------------------------------------------------------------------------------------------------------
                               Subsector 561--Administrative and Support Services
----------------------------------------------------------------------------------------------------------------
561110.........................  Office Administrative                      15.5  ..............................
                                  Services.
 
                                                  * * * * * * *
561330.........................  Professional Employer                      47.0  ..............................
                                  Organizations.
561410.........................  Document Preparation                       20.0  ..............................
                                  Services.
561421.........................  Telephone Answering Services               21.5  ..............................
561422.........................  Telemarketing Bureaus and                  29.5  ..............................
                                  Other Contact Centers.
 
                                                  * * * * * * *
561439.........................  Other Business Service                     31.5  ..............................
                                  Centers (including Copy
                                  Shops).
561440.........................  Collection Agencies.........               27.5  ..............................
561450.........................  Credit Bureaus..............               46.5  ..............................
 
                                                  * * * * * * *
561492.........................  Court Reporting and                        20.5  ..............................
                                  Stenotype Services.
561499.........................  All Other Business Support                 26.0  ..............................
                                  Services.
561510.........................  Travel Agencies \10\........          \10\ 33.5  ..............................
 
                                                  * * * * * * *
561599.........................  All Other Travel Arrangement               35.0  ..............................
                                  and Reservation Services.

[[Page 41273]]

 
 
                                                  * * * * * * *
561612.........................  Security Guards and Patrol                 34.0  ..............................
                                  Services.
561613.........................  Armored Car Services........               45.0  ..............................
561621.........................  Security Systems Services                  30.0  ..............................
                                  (except Locksmiths).
 
                                                  * * * * * * *
561710.........................  Exterminating and Pest                     19.5  ..............................
                                  Control Services.
 
                                                  * * * * * * *
561730.........................  Landscaping Services........               13.0  ..............................
561740.........................  Carpet and Upholstery                      11.5  ..............................
                                  Cleaning Services.
561790.........................  Other Services to Buildings                10.5  ..............................
                                  and Dwellings.
561910.........................  Packaging and Labeling                     23.5  ..............................
                                  Services.
561920.........................  Convention and Trade Show                  23.5  ..............................
                                  Organizers.
561990.........................  All Other Support Services..               20.5  ..............................
----------------------------------------------------------------------------------------------------------------
                            Subsector 562--Waste Management and Remediation Services
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
562991.........................  Septic Tank and Related                    12.0  ..............................
                                  Services.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                                         Sector 61--Educational Services
----------------------------------------------------------------------------------------------------------------
                                       Subsector 611--Educational Services
----------------------------------------------------------------------------------------------------------------
611110.........................  Elementary and Secondary                   22.0  ..............................
                                  Schools.
 
                                                  * * * * * * *
611310.........................  Colleges, Universities, and                38.0  ..............................
                                  Professional Schools.
611410.........................  Business and Secretarial                   25.5  ..............................
                                  Schools.
611420.........................  Computer Training...........               22.5  ..............................
611430.........................  Professional and Management                17.5  ..............................
                                  Development Training.
611511.........................  Cosmetology and Barber                     14.0  ..............................
                                  Schools.
611512.........................  Flight Training.............               34.5  ..............................
611513.........................  Apprenticeship Training.....               15.0  ..............................
 
                                                  * * * * * * *
611610.........................  Fine Arts Schools...........               10.5  ..............................
611620.........................  Sports and Recreation                      12.5  ..............................
                                  Instruction.
611630.........................  Language Schools............               22.0  ..............................
611691.........................  Exam Preparation and                       17.0  ..............................
                                  Tutoring.
611692.........................  Automobile Driving Schools..               12.0  ..............................
 
                                                  * * * * * * *
611710.........................  Educational Support Services               27.5  ..............................
----------------------------------------------------------------------------------------------------------------
                                  Sector 62--Health Care and Social Assistance
----------------------------------------------------------------------------------------------------------------
                                 Subsector 621--Ambulatory Health Care Services
----------------------------------------------------------------------------------------------------------------
621111.........................  Offices of Physicians                      19.0  ..............................
                                  (except Mental Health
                                  Specialists).
 
                                                  * * * * * * *
621210.........................  Offices of Dentists.........               10.5  ..............................
621310.........................  Offices of Chiropractors....               10.0  ..............................
621320.........................  Offices of Optometrists.....               11.0  ..............................
621330.........................  Offices of Mental Health                   10.5  ..............................
                                  Practitioners (except
                                  Physicians).
621340.........................  Offices of Physical,                       16.0  ..............................
                                  Occupational and Speech
                                  Therapists, and
                                  Audiologists.
621391.........................  Offices of Podiatrists......               10.5  ..............................
621399.........................  Offices of All Other                       15.0  ..............................
                                  Miscellaneous Health
                                  Practitioners.
621410.........................  Family Planning Centers.....               21.5  ..............................
 
                                                  * * * * * * *
621493.........................  Freestanding Ambulatory                    25.5  ..............................
                                  Surgical and Emergency
                                  Centers.
621498.........................  All Other Outpatient Care                  28.5  ..............................
                                  Centers.
621511.........................  Medical Laboratories........               42.5  ..............................
621512.........................  Diagnostic Imaging Centers..               22.0  ..............................

[[Page 41274]]

 
621610.........................  Home Health Care Services...               22.5  ..............................
621910.........................  Ambulance Services..........               28.5  ..............................
 
                                                  * * * * * * *
621999.........................  All Other Miscellaneous                    22.5  ..............................
                                  Ambulatory Health Care
                                  Services.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                             Subsector 623--Nursing and Residential Care Facilities
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
623210.........................  Residential Intellectual and               21.0  ..............................
                                  Developmental Disability
                                  Facilities.
623220.........................  Residential Mental Health                  21.0  ..............................
                                  and Substance Abuse
                                  Facilities.
 
                                                  * * * * * * *
623312.........................  Assisted Living Facilities                 26.0  ..............................
                                  for the Elderly.
623990.........................  Other Residential Care                     19.5  ..............................
                                  Facilities.
----------------------------------------------------------------------------------------------------------------
                                        Subsector 624--Social Assistance
----------------------------------------------------------------------------------------------------------------
624110.........................  Child and Youth Services....               19.0  ..............................
624120.........................  Services for the Elderly and               17.0  ..............................
                                  Persons with Disabilities.
624190.........................  Other Individual and Family                20.5  ..............................
                                  Services.
624210.........................  Community Food Services.....               22.0  ..............................
624221.........................  Temporary Shelters..........               16.0  ..............................
624229.........................  Other Community Housing                    22.0  ..............................
                                  Services.
624230.........................  Emergency and Other Relief                 44.5  ..............................
                                  Services.
624310.........................  Vocational Rehabilitation                  18.0  ..............................
                                  Services.
624410.........................  Child Care Services.........               13.0  ..............................
----------------------------------------------------------------------------------------------------------------
                                  Sector 71--Arts, Entertainment and Recreation
----------------------------------------------------------------------------------------------------------------
                     Subsector 711--Performing Arts, Spectator Sports and Related Industries
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
711120.........................  Dance Companies.............               21.5  ..............................
711130.........................  Musical Groups and Artists..               18.5  ..............................
711190.........................  Other Performing Arts                      42.0  ..............................
                                  Companies.
 
                                                  * * * * * * *
711219.........................  Other Spectator Sports......               19.5  ..............................
 
                                                  * * * * * * *
711320.........................  Promoters of Performing                    32.5  ..............................
                                  Arts, Sports, and Similar
                                  Events without Facilities.
711410.........................  Agents and Managers for                    23.0  ..............................
                                  Artists, Athletes,
                                  Entertainers, and Other
                                  Public Figures.
711510.........................  Independent Artists,                       12.0  ..............................
                                  Writers, and Performers.
----------------------------------------------------------------------------------------------------------------
                        Subsector 712--Museums, Historical Sites and Similar Institutions
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
712120.........................  Historical Sites............               21.0  ..............................
 
                                                  * * * * * * *
712190.........................  Nature Parks and Other                     22.5  ..............................
                                  Similar Institutions.
----------------------------------------------------------------------------------------------------------------
                          Subsector 713--Amusement, Gambling and Recreation Industries
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
713120.........................  Amusement Arcades...........               25.0  ..............................
 
                                                  * * * * * * *
713920.........................  Skiing Facilities...........               40.0  ..............................
713930.........................  Marinas.....................               13.5  ..............................
713940.........................  Fitness and Recreational                   20.5  ..............................
                                  Sports Centers.
713950.........................  Bowling Centers.............               16.0  ..............................
713990.........................  All Other Amusement and                    12.0  ..............................
                                  Recreation Industries.
----------------------------------------------------------------------------------------------------------------

[[Page 41275]]

 
                                   Sector 72--Accommodation and Food Services
----------------------------------------------------------------------------------------------------------------
                                          Subsector 721--Accommodation
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
721191.........................  Bed-and-Breakfast Inns......               11.0  ..............................
721199.........................  All Other Traveler                         14.0  ..............................
                                  Accommodation.
721211.........................  RV (Recreational Vehicle)                  13.5  ..............................
                                  Parks and Campgrounds.
721214.........................  Recreational and Vacation                  13.0  ..............................
                                  Camps (except Campgrounds).
721310.........................  Rooming and Boarding Houses,               19.0  ..............................
                                  Dormitories, and Workers'
                                  Camps.
----------------------------------------------------------------------------------------------------------------
                                Subsector 722--Food Services and Drinking Places
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
722320.........................  Caterers....................               11.0  ..............................
722330.........................  Mobile Food Services........               10.5  ..............................
722410.........................  Drinking Places (Alcoholic                 11.0  ..............................
                                  Beverages).
722511.........................  Full-Service Restaurants....               13.5  ..............................
722513.........................  Limited-Service Restaurants.               16.0  ..............................
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
                            Sector 81--Other Services (Except Public Administration)
----------------------------------------------------------------------------------------------------------------
                                      Subsector 811--Repair and Maintenance
----------------------------------------------------------------------------------------------------------------
811111.........................  General Automotive Repair...               10.5  ..............................
811114.........................  Specialized Automotive                     10.5  ..............................
                                  Repair.
811121.........................  Automotive Body, Paint, and                13.5  ..............................
                                  Interior Repair and
                                  Maintenance.
811122.........................  Automotive Glass Replacement               21.5  ..............................
                                  Shops.
811191.........................  Automotive Oil Change and                  14.5  ..............................
                                  Lubrication Shops.
811192.........................  Car Washes..................               13.0  ..............................
811198.........................  All Other Automotive Repair                13.5  ..............................
                                  and Maintenance.
 
                                                  * * * * * * *
811310.........................  Commercial and Industrial                  18.0  ..............................
                                  Machinery and Equipment
                                  (except Automotive and
                                  Electronic) Repair and
                                  Maintenance.
811411.........................  Home and Garden Equipment                  11.0  ..............................
                                  Repair and Maintenance.
811412.........................  Appliance Repair and                       25.0  ..............................
                                  Maintenance.
811420.........................  Reupholstery and Furniture                 10.5  ..............................
                                  Repair.
811430.........................  Footwear and Leather Goods                 12.0  ..............................
                                  Repair.
811490.........................  Other Personal and Household               12.0  ..............................
                                  Goods Repair and
                                  Maintenance.
----------------------------------------------------------------------------------------------------------------
                                  Subsector 812--Personal and Laundry Services
----------------------------------------------------------------------------------------------------------------
812111.........................  Barber Shops................               12.5  ..............................
812112.........................  Beauty Salons...............               12.0  ..............................
812113.........................  Nail Salons.................               10.0  ..............................
 
                                                  * * * * * * *
812199.........................  Other Personal Care Services               10.5  ..............................
812210.........................  Funeral Homes and Funeral                  15.5  ..............................
                                  Services.
 
                                                  * * * * * * *
812310.........................  Coin-Operated Laundries and                16.5  ..............................
                                  Drycleaners.
812320.........................  Drycleaning and Laundry                    10.0  ..............................
                                  Services (except Coin-
                                  Operated).
 
                                                  * * * * * * *
812910.........................  Pet Care (except Veterinary)               10.5  ..............................
                                  Services.
812921.........................  Photofinishing Laboratories                33.0  ..............................
                                  (except One-Hour).
 
                                                  * * * * * * *
812990.........................  All Other Personal Services.               22.0  ..............................
----------------------------------------------------------------------------------------------------------------
              Subsector 813--Religious, Grantmaking, Civic, Professional and Similar Organizations
----------------------------------------------------------------------------------------------------------------
813110.........................  Religious Organizations.....               16.0  ..............................
 

[[Page 41276]]

 
                                                  * * * * * * *
813311.........................  Human Rights Organizations..               34.5  ..............................
813312.........................  Environment, Conservation                  24.0  ..............................
                                  and Wildlife Organizations.
813319.........................  Other Social Advocacy                      22.0  ..............................
                                  Organizations.
813410.........................  Civic and Social                           13.0  ..............................
                                  Organizations.
813910.........................  Business Associations.......               19.0  ..............................
813920.........................  Professional Organizations..               27.0  ..............................
813930.........................  Labor Unions and Similar                   20.5  ..............................
                                  Labor Organizations.
813940.........................  Political Organizations.....               16.0  ..............................
813990.........................  Other Similar Organizations                18.5  ..............................
                                  (except Business,
                                  Professional, Labor, and
                                  Political Organizations).
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------
Footnotes:
 * * * * * * *
\1\ NAICS code 115310--Support Activities for Forestry--Forest Fire Suppression and Fuels Management Services
  are two components of Support Activities for Forestry. Forest Fire Suppression includes establishments which
  provide services to fight forest fires. These firms usually have fire-fighting crews and equipment. Fuels
  Management Services firms provide services to clear land of hazardous materials that would fuel forest fires.
  The treatments used by these firms may include prescribed fire, mechanical removal, establishing fuel breaks,
  thinning, pruning, and piling.
\2\ NAICS code 237990--Dredging: To be considered small for purposes of Government procurement, a firm must
  perform at least 40 percent of the volume dredged with its own equipment or equipment owned by another small
  dredging concern.
 * * * * * * *
\8\ NAICS codes 522110, 522130, 522180, and 522210--A financial institution's assets are determined by averaging
  the assets reported on its four quarterly financial statements for the preceding year. ``Assets'' for the
  purposes of this size standard means the assets defined according to the Federal Financial Institutions
  Examination Council 041 call report form for NAICS codes 522110, 522180, and 522210 and the National Credit
  Union Administration 5300 call report form for NAICS code 522130.
\9\ NAICS codes 531110, 531120, 531130, and 531190--Leasing of Building Space to the Federal Government by
  Owners: For Government procurement, a size standard of $47 million in gross receipts applies to the owners of
  building space leased to the Federal Government. The standard does not apply to an agent.
\10\ NAICS codes 488510, 531210, 541810, 561510, 561520, and 561920--As measured by total revenues, but
  excluding funds received in trust for an unaffiliated third party, such as bookings or sales subject to
  commissions. The commissions received are included as revenues.
 * * * * * * *
\12\ NAICS code 561210--Facilities Support Services:
(a) If one or more activities of Facilities Support Services as defined in paragraph (b) (below in this
  footnote) can be identified with a specific industry and that industry accounts for 50 percent or more of the
  value of an entire procurement, then the proper classification of the procurement is that of the specific
  industry, not Facilities Support Services.
(b) ``Facilities Support Services'' requires the performance of three or more separate activities in the areas
  of services or specialty trade contractors industries. If services are performed, these service activities
  must each be in a separate NAICS industry. If the procurement requires the use of specialty trade contractors
  (plumbing, painting, plastering, carpentry, etc.), all such specialty trade contractors activities are
  considered a single activity and classified as ``Building and Property Specialty Trade Services.'' Since
  ``Building and Property Specialty Trade Services'' is only one activity, two additional activities of separate
  NAICS industries are required for a procurement to be classified as ``Facilities Support Services.''
\13\ NAICS code 238990--Building and Property Specialty Trade Services: If a procurement requires the use of
  multiple specialty trade contractors (i.e., plumbing, painting, plastering, carpentry, etc.), and no specialty
  trade accounts for 50 percent or more of the value of the procurement, all such specialty trade contractors
  activities are considered a single activity and classified as Building and Property Specialty Trade Services.
 * * * * * * *
\15\ NAICS code 513210--For purposes of Government procurement, the purchase of software subject to potential
  waiver of the nonmanufacturer rule pursuant to Sec.   121.1203(d) should be classified under this NAICS code.
\16\ NAICS code 611519--Job Corps Centers. For classifying a Federal procurement, the purpose of the
  solicitation must be for the management and operation of a U.S. Department of Labor Job Corps Center. The
  activities involved include admissions activities, life skills training, educational activities, comprehensive
  career preparation activities, career development activities, career transition activities, as well as the
  management and support functions and services needed to operate and maintain the facility. For SBA assistance
  as a small business concern, other than for Federal Government procurements, a concern must be primarily
  engaged in providing the services to operate and maintain Federal Job Corps Centers.
 * * * * * * *
\19\ NAICS code 541330--
(a) ``Engineering Services'' means applying physical laws and principles of engineering in the design,
  development, and utilization of machines, materials, instruments, structures, processes, and systems. These
  may involve any of the following activities: provision of advice, preparation of feasibility studies,
  preparation of preliminary and final plans and designs, provision of technical services during the
  construction or installation phase, inspection and evaluation of engineering projects, and related services.
(b) Exception 1--Military Equipment, Aerospace Equipment, and Military Weapons: This exception applies when
  agencies procure highly specialized engineering services that are specifically and directly related to
  military and aerospace platforms, systems, and technologies. This includes work on military equipment, such as
  tanks, armored vehicles, drones, missile systems, C4ISR systems, radar and sonar systems, and other tactical
  or ground-based technologies. It also includes aerospace systems, such as satellites, launch vehicles,
  spacecraft, navigation and propulsion systems, and defense-related aeronautical engineering. Additionally, the
  exception covers military weapons and weapon systems, including guns, torpedoes, ballistic missile defense,
  nuclear weapons systems, and emerging technologies like directed energy weapons (e.g., lasers). Associated
  specialized services, such as systems integration, sustainment engineering, testing and evaluation, tech
  refreshes, and modeling/simulation designed for military or aerospace purposes also qualify. This exception is
  not limited to military contracts; it can also apply to civilian agencies or commercial efforts that involve
  defense-related equipment or applications. However, it excludes standard civil and commercial engineering
  services (e.g., roads, bridges, utilities, and facilities), and non-defense aerospace projects.
(c) Exception 2--Contracts and Subcontracts for Engineering Services Awarded Under the National Energy Policy
  Act of 1992: This exception applies to contracts and subcontracts for engineering services, as defined in (a)
  above, awarded under the National Energy Policy Act of 1992 (NEPA). Section 3021 of NEPA provides that for
  purposes of contracts and sub-contracts requiring engineering services, the applicable size standard shall be
  that established for military and aerospace equipment and military weapons (106 Stat. 2776; Pub. L. 102-486;
  October 24, 1992).

[[Page 41277]]

 
(d) Exception 3--Marine Engineering and Naval Architecture under NAICS 541330: This exception applies when work
  involves highly specialized engineering services that are specifically and directly related to marine vessels
  and naval systems. Covered areas include ship and vessel design, such as Navy ships, submarines, Coast Guard
  cutters, commercial or military cargo vessels, and special-purpose vessels like icebreakers and autonomous
  ships. It also includes marine engineering, such as propulsion and steering systems, HVAC, electrical, fuel,
  ballast, and onboard fluid handling systems, as well as the integration of weapons systems and onboard system
  modeling. Naval architectural services, such as hull form development, hydrodynamic performance, buoyancy and
  stability analysis, weight distribution, seakeeping, and propulsion system design are also included. Also
  covered are support services, such as ship modification, modernization, damage control, survivability
  engineering, sea trials instrumentation, and assistance with regulatory certifications. Excluded from this
  exception are general civil marine structures (e.g., docks, piers, canals), environmental engineering not
  related to ships, and architectural services for shipyards or administrative buildings.


Kelly Loeffler,
Administrator.
[FR Doc. 2025-16142 Filed 8-21-25; 8:45 am]
BILLING CODE 8026-09-P