Image is not available

The GovCon Video Blog™

FOUR THINGS CONTRACTORS SHOULD KNOW ABOUT THE SBA'S CHANGES TO REVENUE-BASED SIZE STANDARDS

In this episode of The GovCon Video Blog,™ we discuss briefly recent changes by the SBA to how annual revenue is calculated for purposes of revenue-based size standards.  Specifically, we discuss the change from the use of a three-year averaging period to a five-year averaging period, the application of the five-year averaging period to service and non-service industries, the calculation of annual revenue when a segregable business division is acquired or sold during the averaging period, and a transition period during which businesses can choose to use either the old or the new averaging period to calculate annual revenue.  

To listen to this vlog as a podcast click here.  To see other vlogs from The GovCon Video Blog™ go here.