Procurement reference

Small Business Size Standard

A size standard is the SBA-set threshold, in either annual revenue or employee count and keyed to a NAICS code, below which a firm qualifies as a small business for federal contracting.

Overview

All terms

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What it means

Because the standard is tied to the solicitation’s NAICS code, the same firm can be small for one opportunity and large for another. Size determines eligibility for small-business set-asides.

Related terms

Words that travel together.

NAICS Code

Set-Aside

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