SMALL BUSINESS ADMINISTRATION ESTABLISHES NEW SIZE STANDARDS FOR CONSTRUCTION (MAJOR GROUPS 15, 16 & 17), DREDGING AND REFUSE COLLECTION EFFECTIVE JULY 17, 2000. The Small Business Administration has established new size standards of $27.5 million in average annual receipts for all industries in General Building Contractors, Standard Industrial Classification (SIC) Major Group 15, and for all industries except Dredging and Surface Cleanup Activities in Heavy Construction Other Than Building Construction, SIC Major Group 16; $17.0 million for Dredging and Surface Cleanup Activities, part of SIC 1629, Heavy Construction, Not Elsewhere Classified (NEC); $11.5 million for all industries in Special Trade Contractors, SIC Major Group 17; and $10.0 million for Garbage and Refuse Collection, Without Disposal, part of SIC 4212, Local Trucking Without Storage, and Refuse Systems, SIC 4953. These revisions were made to adjust the Construction and Refuse size standards for the effects of inflation from the time they were established in the mid-1980s through 1999, and to address unique costs trends in the Dredging industry. The new size standards are effective July 17, 2000. The final rule with the new size standards appeared in the June 16, 2000 Federal Register (65 FR 37689-37694). A copy of the rule is available on SBA's Website at http://www.sba.gov/library/lawroom.html#121ConstructionFinalRule. WEB: SBA Final Rule for new size standard for Construction, http://www.sba.gov/library/lawroom.html#121ConstructionFinalRule. E-MAIL: SBA Office of Size Standards, sizestandards@sbagov. Posted 06/26/00 (W-SN468436).

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