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SBA | RIN: 3245-AE81 | Publication ID: Fall 2005 |
Title: Small Business Size Standards; Surety Bond Guarantee Program | |
Abstract: This rule would propose revising the size standard applicable to construction and service companies seeking assistance under SBA's Surety Bond Guarantee (SBG) Program. In particular, SBA proposes modifying the size standard for the SBG Program by replacing the $6 million size standard with the requirement that the contractor meet the size standard for its primary industry. Changes in the program and economic trends suggest that an increase above the current $6 million size standard may be warranted. | |
Agency: Small Business Administration(SBA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 13 CFR 121 | |
Legal Authority: 15 USC 632(a) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
Agency Contact: Gary M. Jackson Division Chief, Division of Size Standards, Office of Government Contracting/Business Development Small Business Administration 409 Third Street SW, Washington, DC 20416 Phone:202 205-6618 Fax:202 205-6390 Email: gary.jackson@sba.gov |