SBA issues proposed size standards for NAICS Sector 23, Construction
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The U.S. Small Business Administration (SBA) has proposed increasing the small business size standards for certain industries within NAICS Sector 23, Construction. Specifically, the size standard for the Land Subdivision industry (NAICS 237210) is proposed to rise from $7 million to $25 million in average annual receipts. Additionally, for the sub-industry of Dredging and Surface Cleanup Activities under NAICS 237990, the size standard is proposed to increase from $20 million to $30 million. These changes are part of a broader, ongoing review of size standards across the construction sector aimed at ensuring that the thresholds accurately reflect current market conditions and business realities. This proposal follows the SBA’s larger initiative documented in a White Paper titled "Size Standards Methodology," which outlines the process for establishing and revising small business size standards based on receipts and employee counts. Public input is being solicited through a formal comment process, with submissions accepted via the Federal eRulemaking Portal until September 17, 2012. Interested parties can access the full proposed rule online, and contact information is provided for guidance. The effort emphasizes transparency and stakeholder engagement as SBA revises its standards to better support small business participation in federal programs.
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