The New York Times:
The Small Business Administration recently refined its definition of a “small business” for the purposes of qualifying for federal aid and contract set-asides. Depending on the industry, a small business may be defined by the number of employees, receipts, assets or other factors. The new definitions are industry-specific.
About 8,350 companies are believed to be newly eligible for the small-business designation, according to a Bloomberg Government article published in The Washington Post. Among those affected, 958 engineering and technical services contractors that were previously considered large businesses will now be considered small. In 2011, $220 million in federal contracts for engineering and technical services were reserved for small businesses.
Read the whole story at The New York Times
“;
var coords = [-5, -72];
// display fb-bubble
FloatingPrompt.embed(this, html, undefined, ‘top’, {fp_intersects:1, timeout_remove:2000,ignore_arrow: true, width:236, add_xy:coords, class_name: ‘clear-overlay’});
});
Related posts:
Views: 0