SBA proposes to modify the method for calculating annual average revenues for small businesses

WASHINGTON – The U.S. Small Business Administration published a proposed rule to modify its method for calculating annual average revenues used to prescribe size standards for small businesses, June 24.

Specifically, SBA proposes to change its regulations on the calculation of annual average revenues from a three-year averaging period to a five-year averaging period. The proposed rule was published in the Federal Register.

Comments can be submitted on the proposed rules on or before Aug. 23, at www.regulations.gov, identified by the following RIN number: RIN 3245-AH16. Comments may also be mai...