99 -- Small Business Administration has proposed to change how to calculate number of employees
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The U.S. Small Business Administration (SBA) has proposed a modification to the methodology used for calculating the number of employees when determining a business's small size status. Currently, the SBA relies on a rolling average of the number of employees over the past 12 months. The proposed change would replace this with an average based on the number of employees across the three immediately preceding completed calendar years. This adjustment aims to simplify the calculation process, lessen the administrative burden on small businesses, and provide a clearer and more stable definition of small business size standards based on employee count. Stakeholders are invited to review the proposed rule and submit comments by September 25, 2007, either electronically through the Federal eRulemaking Portal or by mail to the SBA's Office of Size Standards. The proposal pertains to businesses under NAICS code 926110 and is managed by the SBA’s Office of Size Standards, with Carl G Jordan serving as the primary contact for inquiries. This regulatory update reflects SBA’s ongoing efforts to refine size standards and improve clarity in small business determinations.
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