Small Business Size Standards: Adjustment of Monetary-Based Size Standards for Inflation; Correction
| Published date | 20 November 2019 |
| Citation | 84 FR 64013 |
| Record Number | 2019-25081 |
| Section | Rules and Regulations |
| Court | Small Business Administration |
Federal Register, Volume 84 Issue 224 (Wednesday, November 20, 2019)
[Federal Register Volume 84, Number 224 (Wednesday, November 20, 2019)]
[Rules and Regulations]
[Page 64013]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25081]
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Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
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Federal Register / Vol. 84, No. 224 / Wednesday, November 20, 2019 /
Rules and Regulations
[[Page 64013]]
SMALL BUSINESS ADMINISTRATION
13 CFR Part 121
RIN 3245-AH17
Small Business Size Standards: Adjustment of Monetary-Based Size
Standards for Inflation; Correction
AGENCY: U.S. Small Business Administration.
ACTION: Correcting amendments.
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SUMMARY: The U.S. Small Business Administration (SBA) is correcting an
interim final rule that appeared in the Federal Register on July 18,
2019. The rule adjusted the monetary-based industry size standards
(i.e., receipts- and assets-based) for inflation that occurred since
the last adjustment in 2014. SBA is correcting a reference in the table
titled ``Small Business Size Standards by NAICS Industry'' that
incorrectly identifies the North American Industry Classification
System (NAICS) code for the Dredging and Surface Cleanup Activities
exception as ``237900'' instead of ``237990.''
DATES: Effective on November 20, 2019.
FOR FURTHER INFORMATION CONTACT: Khem Sharma, Chief, Office of Size
Standards, U.S. Small Business Administration, 409 Third Street SW,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: On July 18, 2019, SBA published an interim
final rule adjusting the receipts-based industry size standards for
inflation for 518 industries and 9 subindustries or exceptions, as well
as assets-based size standards for 5 industries (84 FR 34261). The rule
became effective on August 19, 2019. As part of the rule, SBA increased
the size standard for the Dredging and Surface Cleanup Activities
(Dredging), which is an ``exception'' to NAICS code 237990 (Other Heavy
and Civil Engineering Construction), from $27.5 million to $30.0
million in annual average receipts. However, in the SBA's interim rule,
the NAICS code for the Dredging exception was incorrectly referenced as
``237900'' instead of ``237990.'' This action corrects that error by
changing the NAICS code for the Dredging exception to ``237990.''
However, it does not affect the industry description or size standard
for NAICS code 237990, including the Dredging exception.
List of Subjects in 13 CFR Part 121
Administrative practice and procedure, Government procurement,
Government property, Grant programs--business, Individuals with
disabilities, Loan programs--business, Reporting and recordkeeping
requirements, Small businesses.
Accordingly, 13 CFR part 121 is corrected by making the following
correcting amendments:
PART 121--SMALL BUSINESS SIZE REGULATIONS
0
1. The authority citation for part 121 continues to read as follows:
Authority: 15 U.S.C. 632, 634(b)(6), 662, and 694a(9).
0
2. In Sec. [thinsp]121.201, amend the table by removing the entry
``237900 (Exception)'' and adding the entry ``237990 (Exception)'' in
its place to 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
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Size standards
NAICS codes NAICS U.S. industry title Size standards in millions in number of
of dollars employees
----------------------------------------------------------------------------------------------------------------
* * * * * * *
237990 (Exception)................ Dredging and Surface Cleanup $30.0 \2\................... ................
Activities \2\.
* * * * * * *
----------------------------------------------------------------------------------------------------------------
Footnotes
* * * * *
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.
* * * * *
Dated: November 13, 2019.
Robb N. Wong,
Associate Administrator, Office of Government Contracting and Business
Development.
[FR Doc. 2019-25081 Filed 11-19-19; 8:45 am]
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