99 -- SBA Small Business Size Standards - SBA has adopted NAICS 2007 for table of size standards

On August 29, 2007, the U.S. Small Business Administration updated its Small Business Size Regulations by incorporating the Office of Management and Budget's 2007 revisions to the North American Industry Classification System (NAICS). These amendments affect the table of small business size standards, resulting in changes for three industries and four activities across other industries. The SBA considers these changes routine and non-controversial, expecting no significant adverse comments. The rule was set to take effect on October 1, 2007, unless significant negative feedback was received by September 28, 2007, in which case the SBA would withdraw the rule and announce the withdrawal in the Federal Register. The amendment ensures that the size standards used to determine small business eligibility for federal programs align with the updated NAICS 2007 codes, promoting consistency and accuracy in small business classifications. Interested parties were invited to submit comments via regulations.gov using the reference number RIN 3245-AF66. The contract references the NAICS code 926110 and involves the Office of Size Standards within the SBA, with Carl G Jordan serving as the primary contact for this matter. The update streamlines regulatory compliance and supports proper categorization of small businesses under the revised classification system.