Alert! SBA OHA Decides 3-Year Receipts Calculation Period Still Applies

Story excerpt provided by smallgovcon.com.

Since being passed by Congress in late 2018, the Runway Extension Act has been the source of great confusion among small business contractors: would size under receipts-based NAICS codes be calculated under the 3-year calculation period set out in the SBA’s regulations, or under the new 5-year calculation period mandated by Congress?

In a decision just publicly released, the SBA Office of Hearings and Appeals has weighed in. As of now, the SBA will still calculate size under the 3-year calculation period.

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Originally published Sept. 10, 2019.