SBA Looking to Increase Size Standard for Transportation and Warehousing

  • June 21st, 2011
  • Nelson James

sba sealSBA started reviewing and updating size standards in 2007 based on industry-specific data, as the size standards hadn’t been reviewed in more than 25 years. SBA wants size standards to better reflect the current market conditions. As a result, under the Small Business Jobs Act of 2010, SBA will continue this review and change size standards for several more years, in order to ensure the size definitions reflect current economic conditions for each industry.

SBA is looking to adjust the size standard for defining small businesses in 22 industries in the transportation and warehousing sector in order to better reflect changes in the conditions of the marketplace. The proposed changes would increase the revenue-based size standard.

What do these proposed changes mean for the small business owners? These changes can be great for small business owners, as those that are close to exceeding the current size standards may be able to retain small business eligibility under the higher size standards. This means qualifying for small business financial assistance from the SBA. It is good for the federal government as well, as it allows for a larger selection of small business for procurement opportunities. If the proposed revisions are accepted, as many as 1,200 additional firms will become eligible for SBA programs.

The industries affected are:

  • 481219 Other Non Scheduled Air Transportation
  • 485111 Mixed Mode Transit Systems
  • 485112 Commuter Rail Systems
  • 485113 Bus and Other Motor Vehicle Transit Systems
  • 485119 Other Urban Transit Systems
  • 485210 Interurban and Rural Bus Transportation
  • 485310 Taxi Service
  • 485320 Limousine Service
  • 485410 School and Employee Bus Transportation
  • 485510 Charter Bus Industry
  • 485991 Special Needs Transportation
  • 485999 All Other Transit and Ground Passenger Transportation
  • 486210 Pipeline Transportation of Natural Gas
  • 488111 Air Traffic Control
  • 488119 Other Airport Operations
  • 488190 Other Support Activities for Air Transportation
  • 488210 Support Activities for Rail Transportation
  • 488310 Port and Harbor Operations
  • 488320 Marine Cargo Handling
  • 488330 Navigational Services to Shipping
  • 488390 Other Support Activities for Water Transportation
  • 488510 Freight Transportation Arrangement

RELATED: SBA 7a Loan

If you have a comment on this proposed rule, you can submit it before July 13,2011. It can be submitted online or via mail

Online at: www.regulations.gov
Mail to: Khem R. Sharma
Chief, Size Standards Division,
409 3rd St., SW
Mail Code 6530
Washington, DC 20416

About the Author

  • Nelson James

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