§ Government Contracting Lexicon
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.
§ 01 · Definition
What it means.
In practice, for a bidder.
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.
§ 03 · Related
Related terms.
Words that travel together.
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§ Office of the Director
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