|
On September 21, IFA submitted comments on SBA's proposed rewrite of the small business size standards, focusing narrowly on federal contracting and warning that the proposal would make roughly 37,000 established contractors, which together held more than $71 billion in FY 2025 federal work, newly eligible federal contracts reserved for small businesses (referred to as “set asides”).
Why It Matters: The IFA comments cautioned that the SBA’s proposal would make roughly 37,000 established contractors newly eligible for federal contracts set aside for much smaller businesses, including thousands of franchisees.
What’s Next: The SBA’s proposal raises thresholds most sharply in the locally served industries where franchising concentrates like restaurants and hotels, and a final rule is likely out in the new year.
|