SBA Small Business Revenue Threshold for Engineering Firms to Climb 10 Percent

Industry News

July 29, 2019

SBA Small Business Revenue Threshold for Engineering Firms to Climb 10 Percent

The Small Business Administration (SBA) will raise the annual revenue threshold for engineering firms to qualify for SBA loans and set-aside contracts by 10 percent to $16.5 million. The new standard will take effect on August 19.

SBA estimates that an additional 90,000 architectural, engineering, and construction firms will qualify as small businesses.

The SBA has also proposed changing how small businesses determine their average annual revenue, extending the lookback period from three years to five years.

ACEC is soliciting feedback from Member Firms on the new standard. To comment, contact ACEC Director of Procurement Advocacy and International Affairs Dan Hilton.

All comments to blog posts will be moderated by ACEC staff.