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

The U.S. Small Business Administration (SBA) has proposed increasing the small business size standard for the Security Guards and Patrol Services industry (NAICS 561612) from $10.5 million to $15.5 million in average annual receipts. This adjustment aims to more accurately reflect the current economic realities and better define what qualifies as a small business within this sector. The proposal follows an industry review and seeks to provide clarity and fairness in categorizing small businesses, potentially allowing more companies to benefit from SBA programs. The proposed rule was published in the Federal Register on November 10, 2005, with a comment period open until December 12, 2005. Interested parties can review the details and submit feedback to inform the final decision. The SBA's Office of Size Standards is the point of contact for this proposal, with Program Analyst Carl G Jordan available for inquiries. The change represents a significant policy update impacting businesses engaged in security and patrol services, potentially expanding eligibility for small business government contracting advantages.