Small Business Size Standard
The revenue or employee ceiling defining a small business by industry.
Definition
SBA publishes size standards by NAICS code, expressed as average annual receipts or employee count, including affiliates.
Why it matters
Certifying as small when affiliates push you over the standard exposes you to False Claims Act liability.
Example
A firm with $28M average receipts qualifies as small under a $34M standard.
Related terms
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