Info For Entrepreneurs & Small Business Georgia Department Of Financial Growth

Size standing for such sales and leases is determined by the first industry of the applicant business concern. These necessities don’t apply to small business concern subcontractors. Within 30 days of an permitted contract novation, a contractor must recertify its small business size standing to the procuring company, or inform the procuring company that it’s apart from small. The NAICS code assigned to a procurement and its corresponding size standard is final unless timely appealed to SBA’s Office of Hearings and Appeals , or until SBA assigns an NAICS code or size normal Small Business as provided in paragraph of this section. A concern certified as small for a particular procurement, together with an 8 subcontract, is small for financial assistance immediately and primarily relating to the efficiency of the particular procurement. If a agency recognized as a small …