Small Business Size Standards: Adjustment of Monetary-Based Size Standards for Inflation; Correction, 64013 [2019-25081]

Agencies

• SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 84, Number 224 (Wednesday, November 20, 2019)]
[Rules and Regulations]
[Page 64013]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25081]



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Rules and Regulations
                                                Federal Register
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Federal Register / Vol. 84, No. 224 / Wednesday, November 20, 2019 / 
Rules and Regulations

[[Page 64013]]



SMALL BUSINESS ADMINISTRATION

13 CFR Part 121

RIN 3245-AH17


Small Business Size Standards: Adjustment of Monetary-Based Size 
Standards for Inflation; Correction

AGENCY: U.S. Small Business Administration.

ACTION: Correcting amendments.

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SUMMARY: The U.S. Small Business Administration (SBA) is correcting an 
interim final rule that appeared in the Federal Register on July 18, 
2019. The rule adjusted the monetary-based industry size standards 
(i.e., receipts- and assets-based) for inflation that occurred since 
the last adjustment in 2014. SBA is correcting a reference in the table 
titled ``Small Business Size Standards by NAICS Industry'' that 
incorrectly identifies the North American Industry Classification 
System (NAICS) code for the Dredging and Surface Cleanup Activities 
exception as ``237900'' instead of ``237990.''

DATES: Effective on November 20, 2019.

FOR FURTHER INFORMATION CONTACT: Khem Sharma, Chief, Office of Size 
Standards, U.S. Small Business Administration, 409 Third Street SW, 
Washington, DC 20416.

SUPPLEMENTARY INFORMATION: On July 18, 2019, SBA published an interim 
final rule adjusting the receipts-based industry size standards for 
inflation for 518 industries and 9 subindustries or exceptions, as well 
as assets-based size standards for 5 industries (84 FR 34261). The rule 
became effective on August 19, 2019. As part of the rule, SBA increased 
the size standard for the Dredging and Surface Cleanup Activities 
(Dredging), which is an ``exception'' to NAICS code 237990 (Other Heavy 
and Civil Engineering Construction), from $27.5 million to $30.0 
million in annual average receipts. However, in the SBA's interim rule, 
the NAICS code for the Dredging exception was incorrectly referenced as 
``237900'' instead of ``237990.'' This action corrects that error by 
changing the NAICS code for the Dredging exception to ``237990.'' 
However, it does not affect the industry description or size standard 
for NAICS code 237990, including the Dredging exception.

List of Subjects in 13 CFR Part 121

    Administrative practice and procedure, Government procurement, 
Government property, Grant programs--business, Individuals with 
disabilities, Loan programs--business, Reporting and recordkeeping 
requirements, Small businesses.

    Accordingly, 13 CFR part 121 is corrected by making the following 
correcting amendments:

PART 121--SMALL BUSINESS SIZE REGULATIONS

0
1. The authority citation for part 121 continues to read as follows:

    Authority: 15 U.S.C. 632, 634(b)(6), 662, and 694a(9).


0
2. In Sec.  [thinsp]121.201, amend the table by removing the entry 
``237900 (Exception)'' and adding the entry ``237990 (Exception)'' in 
its place to read as follows:


Sec.  121.201  What size standards has SBA identified by North American 
Industry Classification System codes?

* * * * *

                                 Small Business Size Standards by NAICS Industry
----------------------------------------------------------------------------------------------------------------
                                                                                                 Size standards
            NAICS codes               NAICS U.S. industry title    Size standards in millions     in number of
                                                                           of dollars               employees
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
237990 (Exception)................  Dredging and Surface Cleanup  $30.0 \2\...................  ................
                                     Activities \2\.
 
                                                  * * * * * * *
----------------------------------------------------------------------------------------------------------------

Footnotes

* * * * *
    2. NAICS code 237990--Dredging: To be considered small for 
purposes of Government procurement, a firm must perform at least 40 
percent of the volume dredged with its own equipment or equipment 
owned by another small dredging concern.
* * * * *

    Dated: November 13, 2019.
Robb N. Wong,
Associate Administrator, Office of Government Contracting and Business 
Development.
[FR Doc. 2019-25081 Filed 11-19-19; 8:45 am]
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