SBA increases size standards for NAICS Subsector 213, Support Activities for Mining

The Small Business Administration (SBA) has amended the receipts-based size standards for three industries within NAICS Subsector 213, which covers Support Activities for Mining. This revision is part of a broader review of size standards within NAICS Sector 21. Previously, only industries in Subsector 213 used receipts-based thresholds, while other industries in the sector used employee-based size standards that will be reviewed at a later date. The adjustment in the size standards will result in over 475 additional firms qualifying as small businesses, thereby becoming eligible for SBA loan programs and federal procurement opportunities. The final rule on these revised size standards became effective on July 22, 2013, and detailed information including the original proposed rule and public comments can be accessed through the regulations.gov website under the docket number RIN 3245-AG44. The contract related to this change is identified with the solicitation number SBA-07202013-subsect213. For inquiries, the point of contact is Carl J. Jordan at the SBA. This modification aims to better align SBA programs with current industry standards and enhance support for small businesses in the mining support sector.