[Federal Register Volume 70, Number 217 (Thursday, November 10, 2005)]
[Proposed Rules]
[Pages 68368-68374]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-22430]
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SMALL BUSINESS ADMINISTRATION
13 CFR Part 121
RIN 3245-AF28
Small Business Size Standards; Security Guards and Patrol
Services
AGENCY: U.S. Small Business Administration.
ACTION: Proposed rule.
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SUMMARY: The U.S. Small Business Administration (SBA) proposes to
increase the size standard for the Security Guards and Patrol Services
Industry (North American Industry Classification System (NAICS) 561612)
[[Page 68369]]
from $10.5 million in average annual receipts to $15.5 million. The
proposed revision is being made to better define the size of business
in this industry based on a review of industry characteristics.
DATES: Comments must be received by SBA on or before December 12, 2005.
ADDRESSES: You may submit comments, identified by RIN 3245-AF28 by any
of the following methods: (1) Federal eRulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments;
(2) Fax: (202) 205-6390; or (3) Mail/Hand Delivery/Courier: Gary M.
Jackson, Assistant Administrator for Size Standards, 409 Third Street,
SW., Mail Code 6530, Washington, DC 20416.
FOR FURTHER INFORMATION CONTACT: Carl Jordan or Diane Heal, Office of
Size Standards, (202) 205-6618 or [email protected].
SUPPLEMENTARY INFORMATION: The U.S. Small Business Administration (SBA)
has received requests from firms in the Security Guards and Patrol
Services Industry (referred to as the Security Guards Industry) to
review the current $10.5 million size standard. This size standard was
last revised in 2002 to incorporate an inflation adjustment to receipt-
based size standards (67 FR 3041, January 23, 2002). These firms
believe that a size standard increase is warranted due to the increased
costs of complying with Federal agency requirements for security
guards, increased number of large security firms competing for Federal
contracts, and the relative success by large firms in winning Federal
contracts. These firms also believe that these industry trends would
shrink the pool of eligible small businesses causing Federal agencies
to scale back their use of small business preferences in Federal
procurement. Below is a discussion of the methodology used by SBA to
review its size standards, and the analysis leading to the proposal to
increase the Security Guards Industry's size standard to $15.5 million.
Size Standards Methodology: Congress granted SBA discretion to
establish detailed size standards (15 U.S.C. 632(a)(2)). SBA's Standard
Operating Procedure (SOP) 90 01 3, ``Size Determination Program''
(available on SBA's web site at http://www.sba.gov/library/soproom.html) describes four factors for establishing and evaluating
size standards: (1) The structure of the industry and its various
economic characteristics; (2) SBA program objectives and the impact of
different size standards on these programs; (3) whether a size standard
successfully excludes those businesses which are dominant in the
industry; and (4) other factors if applicable. Other factors, including
the impact on other Federal agencies' programs, may come to the
attention of SBA during the public comment period or from SBA's own
research on the industry. No formula or weighting has been adopted so
that the factors may be evaluated in the context of a specific
industry. Below is a discussion of SBA's analysis of the economic
characteristics of an industry, the impact of a size standard on SBA
programs, and the evaluation of whether a firm at or below a size
standard could be considered dominant in the industry under review.
Industry Analysis: Section 3(a)(3) of the Small Business Act (15
U.S.C. 632 (a)(3)), requires that size standards vary by industry to
the extent necessary to reflect differing industry characteristics. SBA
has two ``base'' or ``anchor'' size standards that apply to most
industries--500 employees for manufacturing industries and $6 million
in average annual receipts for nonmanufacturing industries. SBA
established 500 employees as the anchor size standard for the
manufacturing industries at SBA's inception in 1953 and shortly
thereafter established a $1 million average annual receipts size
standard for the nonmanufacturing industries. The receipts-based anchor
size standard for the nonmanufacturing industries has been adjusted
periodically for inflation so that, currently, the anchor size standard
is $6 million. Anchor size standards are presumed to be appropriate for
an industry unless its characteristics indicate that larger firms have
a much greater significance within that industry than the ``typical
industry.''
When evaluating a size standard, the characteristics of the
specific industry under review are compared to the characteristics of a
group of industries, referred to as a ``comparison group.'' A
comparison group is a large number of industries grouped together to
represent the typical industry. It can be comprised of all industries,
all manufacturing industries, all industries with receipt-based size
standards, or some other logical grouping.
If the characteristics of a specific industry are similar to the
average characteristics of the comparison group, then the anchor size
standard is considered appropriate for the industry. If the specific
industry's characteristics are significantly different from the
characteristics of the comparison group, a size standard higher or, in
rare cases, lower than the anchor size standard may be considered
appropriate. The larger the differences between the specific industry's
characteristics and the comparison group's characteristics, the larger
the difference between the appropriate industry size standard and the
anchor size standard. SBA will consider adopting a size standard below
the anchor size standard only when (1) all or most of the industry
characteristics are significantly smaller than the average
characteristics of the comparison group, or (2) other industry
considerations strongly suggest that the anchor size standard would be
an unreasonably high size standard for the industry under review.
The primary evaluation factors that SBA considers in analyzing the
structural characteristics of an industry include average firm size,
distribution of firms by size, start-up costs, and industry competition
(13 CFR 121.102(a) and (b)). SBA also examines the possible impact of a
size standard revision on SBA's programs as an evaluation factor. SBA
generally considers these five factors to be the most important
evaluation factors in establishing or revising a size standard for an
industry. However, it will also consider and evaluate other information
that it believes relevant to the decision on a size standard for a
particular industry. Public comments submitted on proposed size
standards are also an important source of additional information that
SBA closely reviews before making a final decision on a size standard.
Below is a brief description of each of the five evaluation factors.
1. ``Average firm size'' is simply total industry receipts (or
number of employees) divided by the number of firms in the industry. If
the average firm size of an industry is significantly higher than the
average firm size of a comparison industry group, this fact would be
viewed as supporting a size standard higher than the anchor size
standard. Conversely, if the industry's average firm size is similar to
or significantly lower than that of the comparison industry group, it
would be a basis to adopt the anchor size standard or, in rare cases a
lower size standard.
2. ``Distribution of firms by size'' is the proportion of industry
receipts, employment, or other economic activity accounted for by firms
of different sizes in an industry. If the preponderance of an
industry's economic activity attributed by smaller firms, this tends to
support adopting the anchor size standard. A size standard higher than
the anchor size standard is supported for an industry in which the
distribution of firms indicates that economic activity
[[Page 68370]]
is concentrated among the largest firms in an industry.
In this proposed rule, SBA examines the percent of total industry
sales cumulatively generated by firms up to a certain level of sales.
For example, assume for the industry under review that 30 percent of
total industry sales are generated by firms of less than $10 million in
sales. This statistic is compared to a comparison group. For the
nonmanufacturer anchor comparison group (used in this proposed rule),
firms of less than $10 million in sales cumulatively generated 49.4
percent of total industry sales. Viewed in isolation, the lower figure
for the industry under review indicates the presence of larger-sized
firms in this industry than firms in the industries in the
nonmanufacturing anchor size standards comparison group and, therefore,
a higher size standard may be warranted.
3. ``Start-up costs'' affect a firm's initial size because entrants
into an industry must have sufficient capital to start and maintain a
viable business. To the extent that firms entering into one industry
have greater financial requirements than firms do in other industries,
SBA is justified in considering a higher size standard. In lieu of
direct data on start-up costs, SBA uses a proxy measure to assess the
financial burden for entry-level firms. For this analysis, SBA has
calculated average firm assets within an industry. Data from the Risk
Management Association's Annual Statement Studies, 2000-2001, provide
average sales to total assets ratios. These were applied to the average
receipts size of firm in an industry to estimate average firm assets.
An industry with a significantly higher level of average firm assets
than that of the comparison group is likely to have higher start-up
costs, which would tend to support a size standard higher than the
anchor size standard. Conversely, if the industry showed a
significantly lower level of average firm assets when compared to the
comparison group, the anchor size standard would be considered the
appropriate size standard, or in rare cases a lower size standard.
4. ``Industry competition'' is assessed by measuring the proportion
or share of industry receipts obtained by firms that are among the
largest firms in an industry. In this proposed rule, SBA compares the
proportion of industry receipts generated by the four largest firms in
the industry--generally referred to as the ``four-firm concentration
ratio''--to the average four-firm concentration ratio for industries in
the comparison groups. If a significant proportion of economic activity
within the industry is concentrated among a few relatively large
producers, SBA tends to set a size standard relatively higher than the
anchor size standard in order to assist firms in a broader size range
to compete with firms that are larger and more dominant in the
industry. In general, however, SBA does not consider this to be an
important factor in assessing a size standard if the four-firm
concentration ratio falls below 40 percent for an industry under
review.
5. ``Impact of a size standard revision on SBA programs'' refers to
the possible impact a size standard change may have on the level of
small business assistance. This assessment most often focuses on the
proportion or share of Federal contract dollars awarded to small
businesses in the industry in question. In general, the lower the share
of Federal contract dollars awarded to small businesses in an industry
which receives significant Federal contracting revenues, the greater is
the justification for a size standard higher than the existing one.
Another factor to evaluate the impact of a proposed size standard
on SBA's programs is the volume of guaranteed loans within an industry
and the size of firms obtaining those loans. This factor is sometimes
examined to assess whether the current size standard may be restricting
the level of financial assistance to firms in that industry. If small
businesses receive significant amounts of assistance through these
programs, or if the financial assistance is provided mainly to small
businesses much lower than the size standard, a change to the size
standard (especially if it is already above the anchor size standard)
may not be necessary.
Evaluation of Industry Size Standard: The two tables below show the
industry structure characteristics for the Security Guards Industry and
for two comparison groups. The first comparison group is comprised of
all industries with a $6 million receipts-based size standard referred
to as the nonmanufacturing anchor group. Since SBA's size standards
analysis is assessing whether the Security Guards Industry's size
standard should be moderately higher, or much higher than the
nonmanufacturing anchor size standard, this is the most logical set of
industries to group together for the industry analysis. In addition,
this group includes a sufficient number of firms to afford a meaningful
assessment and comparison of industry characteristics. The second
comparison group consists of the nonmanufacturing industries with the
highest receipt-based size standards established by SBA. SBA refers to
this comparison group as the ``nonmanufacturing higher-level size
standard group.'' This group's size standards range from $21 million to
$30 million. If an industry's characteristics are significantly larger
than those of the nonmanufacturing anchor group, SBA will compare them
to the characteristics of the higher-level size standards group. By
doing so, SBA can assess whether a size standard should be among the
highest size standards or somewhere between the anchor size standard
and the highest size standards.
For its analysis, SBA examined 2002 industry data prepared for
SBA's Office of Advocacy by the U.S. Bureau of the Census (http://www.sba.gov/advo/research/us_rec02.txt), data from a U.S. Bureau of
the Census report ``Investigation and Security Services: 2002'',
(Report EC02-561-06), and data from the Risk Management Association's
Annual Statement Studies, 2000-2001. SBA also examined Federal contract
award data for fiscal years 2002-2004 from the U.S. General Service
Administration's Federal Procurement Data Center, and SBA's internal
loan database on SBA guaranteed loans during fiscal year 2004.
Security Guards Industry Structure Considerations: Table 1 shows
data on three evaluation factors for the Security Guards Industry and
the two comparison groups. These factors are average firm size, average
firm assets, and the four-firm concentration ratio.
Table 1.--Selected Industry Characteristics by Industry Category
----------------------------------------------------------------------------------------------------------------
Four-firm
Average firm Average firm concentration
Industry category size receipts assets ratio
(millions) (millions) (percent)
----------------------------------------------------------------------------------------------------------------
Security Guards and Patrol Services............................. $2.81 $0.43 32.7
Nonmanufacturing Anchor Group................................... 1.29 0.60 14.4
[[Page 68371]]
Higher-level Size Standard Group................................ 4.73 2.00 26.4
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For the Security Guards Industry, its average firm size in receipts
is more than twice that of the average firm size in the nonmanufacturer
anchor group, but significantly lower than the average firm size in the
higher-level size standards group. This factor indicates a size
standard within a range of $13 to $15 million may be appropriate, which
is slightly more than double the $6 million anchor size standard. The
average firm assets factor is below the nonmanufacturing anchor group
and does not provide a basis for increasing the current size standard.
The four-firm concentration ratio provides some support for a change to
the current size standard. While the factor is appreciably higher than
the average industry in the two comparison groups, it is not at a
sufficient level to suggest that larger firms in the industry could
control the industry through pricing or other forms of collaboration
nor that a very substantial increase to the size standard should be
considered. In relation to the higher-level size standards group, the
four-firm concentration ratio suggests a standard higher than $10.5
million is reasonable. The level of the size standard, however, should
be based on the consideration of the other evaluation factors.
Table 2 below examines the size distribution of firms. For this
factor, SBA evaluates the percent of total sales cumulatively generated
by firms at or below specific receipts sizes. For example, firms in the
Security Guards Industry with $10 million or less in receipts
cumulatively obtained 27.1 percent of total industry sales. Within the
nonmanufacturing anchor group, these size firms captured 49.4 percent
of total industry sales while similar firms in the higher-level size
standards group captured 21.1 percent.
Table 2.--Percentage Distribution of Firms by Receipts Size
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Percent of industry sales by firm of
Industry category ----------------------------------------------------------------
< $1 million < $5 million < $10 million < $50 million
----------------------------------------------------------------------------------------------------------------
Security Guards................................ 7.0% 19.4% 27.1% 43.9%
Nonmanufacturing Anchor Group.................. 16.8% 39.9% 49.4% 63.7%
Higher-level Size Standard Group............... 3.8% 13.3% 21.1% 40.4%
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The distribution of sales for the Security Guards Industry show the
presence of larger-sized firms than in the nonmanufacturer anchor
group, but not as large as those in the higher-level size standards
group. The data for the less than $1 million and less than $5 million
size classes support a size standard well above the anchor size
standard, but below the higher-level size standards ranges. The other
two size classes, less than $10 million and less than $50 million,
support a size standard at or near the higher-level size standards
range. Considering the overall distributions across size classes, an
appropriate size standard appears to be near, but below, the higher-
level size standards group, such as between $18 million to $20 million.
SBA Program Considerations: SBA also considers the potential impact
of changing a size standard on its programs. Because SBA's review of
the Security Guards Industry's size standard was prompted by concerns
about the application of the size standard to Federal contracting, SBA
examines the pattern of Federal contract awards to small businesses as
one of the factors in evaluating whether the size standard should be
revised. The findings provide mixed support for a change to the current
size standard.
Small businesses in the Security Guards Industry received 37.2
percent of the total dollar value of Federal contracts awarded during
fiscal years (FY) 2003 and 2004. This share is moderately higher than
the 28 percent of sales cumulative generated by firms at or below the
current $10.5 million size standard. This performance indicates that
small businesses as currently defined have not encountered substantial
difficulties in obtaining Federal contracts, and does not provide a
basis for revising the size standard.
SBA also evaluated specific contract data available for FY 2002 and
2003 to assess the concern that Federal contracts may be concentrated
among a few firms. The data revealed some degree of concentration may
exist. Between 400 and 500 businesses received security guard contracts
in those two years. In FY 2002, three businesses captured two-thirds of
the dollar value of Federal security guard contracts. However, in FY
2003, the top three large businesses obtained only 38 percent. Only one
large business was among the top three contractors in both years. These
contracting patterns indicate that one large business is the top
contractor for Federal security guard contracts, but both large and
small businesses have many opportunities. As with the assessment of the
factor of industry concentration discussed above, the distribution of
Federal contracts suggests that a standard higher than $10.5 million is
a reasonable change, but does not provide a basis to significantly
depart from the level indicated by the analysis of the industry
evaluation factors.
SBA also reviewed data on its financial assistance to small
businesses in this industry. In FY 2003 and 2004, SBA guaranteed an
average of 75 loans for $10.8 million in the Security Guards Industry.
Ninety percent of these loans were made to firms less than half the
current size standard. It is unlikely that an increase to the size
standard would have an appreciable impact on the financial programs,
and therefore, this factor is not part of the assessment of this
industry's size standard.
SBA Proposal: Based on the analysis of each evaluation factor, SBA
is proposing a $15.5 million size standard--a $5 million increase (47
percent) to the current size standard. Three of the five evaluation
factors
[[Page 68372]]
support a size standard higher than the current $10.5 million size
standard, while the other two factors support no change. SBA believes
the presence of large-sized firms in the industry, as depicted by the
factors of average size firm, the distribution of firms by size, and
four-firm concentration ratio, is sufficiently strong to support a
moderate change to the current size standard. The proposed size
standard represents an average of the lower range of potential size
standards indicated by the average firm size and size distribution
factors.
Dominant in Field of Operation: Section 3(a) of the Small Business
Act defines a small concern as one that is (1) independently owned and
operated, (2) not dominant in its field of operations and (3) within
detailed definitions or size standards established by the SBA
Administrator. SBA considers as part of its evaluation of a size
standard whether a business concern at or below a size standard would
be considered dominant in its field of operation. This assessment
generally considers the market share of firms at the proposed or final
size standard, or other factors that may show whether a firm can
exercise a major controlling influence on a national basis in which
significant numbers of business concerns are engaged.
SBA has determined that no firm at or below the proposed size
standard for the Security Guards Industry would be of a sufficient size
to dominate its field of operation. The largest firm at the size
standard level generates less than 0.11 percent of total industry
receipts. This level of market share effectively precludes any ability
for a firm at or below the proposed size standard from exerting a
controlling effect on this industry.
Alternative Size Standards: SBA considered an alternative size
standard based on average number of employees instead of average annual
receipts. This approach was considered in a proposed rule of March 19,
2004 (69 FR 13130) as part of restructuring of size standards. Because
of the large proportion of part-time employees in this industry, SBA
has decided to retain average annual receipts as the size standard
measure. A receipts-based size standard treats firms more equitably
because firms vary on the use of part-time employees and
subcontractors. An employee size standard could unintentionally
influence decisions of some firms to alter the use of part-time
employees and subcontractors to retain their status as small
businesses.
SBA welcomes public comments on its size standard for the Security
Guards Industry. Comments on alternatives, including the option of
retaining the size standard at $10.5 million or establishing an
employee-based size standards as discussed above, should explain why
the alternative would be preferable to the proposed size standard.
Compliance With Executive Orders 12866, 12988, and 13132, the Paperwork
Reduction Act (44 U.S.C. Ch. 35), and the Regulatory Flexibility Act (5
U.S.C. 601-612)
The Office of Management and Budget (OMB) has determined that this
proposed rule is not a ``significant'' regulatory action for purposes
of Executive Order 12866. For the purpose of the Paperwork Reduction
Act, 44 U.S.C. Ch. 35, SBA has determined that this rule would not
impose new reporting or recordkeeping requirements, other than those
required of SBA. For purposes of Executive Order 13132, SBA has
determined that this rule does not have any Federalism implications
warranting the preparation of a federalism assessment. For purposes of
Executive Order 12988, SBA has determined that this rule is drafted, to
the extent practicable, in accordance with the standards set forth in
that Order.
Initial Regulatory Flexibility Analysis
Under the Regulatory Flexibility Act (RFA), this rule, if
finalized, may have a significant impact on a substantial number of
small entities engaged in the Security Guards Industry. As described
above, this rule may impact small entities seeking SBA (7a) and 504
Guaranteed Loan Programs, its Economic Impact Disaster Loans, and SBA
and other Federal small business procurement preference programs. Newly
defined small businesses would benefit from SBA's 7(a) and 504
Guaranteed Loan Programs. SBA estimates that one or two additional
loans totaling $1 million or less in new Federal loan guarantees could
be made to these newly defined small businesses. Because of the size of
the loan guarantees, most loans are made to small businesses well below
the size standard. Thus, increasing the size standard will likely
result in only a small increase in small business guaranteed loans to
businesses in this industry, and the $1 million estimate may overstate
the actual impact. These additional loan guarantees, because of their
limited magnitude, will have virtually no impact on the overall
availability of loans for SBA's loan programs, which have averaged
about 88,000 loans totaling more than $17 billion in fiscal year 2004.
The size standard may also affect small businesses participating in
programs of other agencies that use SBA size standards. As a practical
matter, however, SBA cannot estimate the impact of a size standard
change on each and every Federal program that uses its size standards.
Immediately below, SBA sets forth an initial regulatory flexibility
analysis (IRFA) of this proposed rule on the Security Guards Industry
addressing the following questions: (1) What is the need for and
objective of the rule, (2) what is SBA's description and estimate of
the number of small entities to which the rule will apply, (3) what is
the projected reporting, recordkeeping, and other compliance
requirements of the rule, (4) what are the relevant Federal rules which
may duplicate, overlap or conflict with the rule and (5) what
alternatives will allow the Agency to accomplish its regulatory
objectives while minimizing the impact on small entities?
(1) What is the need for and objective of the rule?
The revision to the size standard for the Security Guards Industry
more appropriately defines the size of businesses in this industry that
SBA believes should be eligible for Federal small business assistance
programs. SBA reviewed the structure of this industry using five
factors that were compared with averages for two groups of industries.
A review of the latest available data supports a change to the current
size standard.
(2) What is SBA's description and estimate of the number of small
entities to which the rule will apply?
SBA estimates that 50 additional firms out of 4,853 firms in this
industry would be considered small as a result of this rule, if
adopted. The firms would be eligible to seek available SBA assistance
provided that they meet other program requirements. Firms becoming
eligible for SBA assistance as a result of this rule, if finalized,
cumulatively generate $790 million in this industry out of a total of
$13.6 billion in annual receipts. The small business coverage in this
industry would increase by 5.8 percent of total receipts. Also, SBA
estimates that approximately 100 small businesses that are within 20
percent of the existing size standard could grow and retain their small
business status if this proposed rule were adopted.
[[Page 68373]]
(3) What are the projected reporting, recordkeeping, and other
compliance requirements of the rule and an estimate of the classes of
small entities which will be subject to the requirements?
A new size standard does not impose any additional reporting,
recordkeeping or compliance requirements on small entities. Increasing
size standards expands access to SBA programs that assist small
businesses, but does not impose a regulatory burden as they neither
regulate nor control business behavior.
(4) What are the relevant Federal rules which may duplicate, overlap or
conflict with the rule?
This proposed rule overlaps with other Federal rules that use SBA's
size standards to define a small business. Under Sec. 3(a)(2)(C) of
the Small Business Act, 15 U.S.C. 632(a)(2)(c), unless specifically
authorized by statute, Federal agencies must use SBA's size standards
to define a small business. In 1995, SBA published in the Federal
Register a list of statutory and regulatory size standards that
identified the application of SBA's size standards as well as other
size standards used by Federal agencies (60 FR 57988-57991, dated
November 24, 1995). SBA is not aware of any Federal rule that would
duplicate or conflict with establishing size standards.
Other Federal agencies also may use SBA size standards for a
variety of regulatory and program purposes. If such a case exists where
an SBA size standard is not appropriate, an agency may establish its
own size standards with the approval of the SBA Administrator (see 13
CFR 121.902-903). For purposes of a regulatory flexibility analysis,
agencies must consult with SBA's Office of Advocacy when developing
different size standards for their programs (13 CFR 121.902(b)(4)).
(5) What alternatives will allow the Agency to accomplish its
regulatory objectives while minimizing the impact on small entities?
SBA considered an alternative size standard based on average number
of employees instead of average annual receipts. It also considered a
range of size standards as part of the assessment of each evaluations
factor. Because of the large proportion of part-time employees in this
industry, an employee size standard could unintentionally influence
decisions of some firms to alter the use of part-time employees and
subcontractors to remain as small businesses. SBA believes that a
moderate increase to the size standard will assist businesses that
should be included as small businesses and small businesses that are
growing. In selecting the proposed size standard, currently defined
small businesses will not be competitively disadvantaged as compared to
a much higher size standard.
SBA welcomes comments on other alternatives that minimize the
impact of this rule on small businesses and achieve the objectives of
this rule. These comments should describe the alternative and explain
why it is preferable to this proposed rule.
List of Subjects in 13 CFR Part 121
Administrative practice and procedure, Government procurement,
Government property, Grant programs--business, Individuals with
disabilities, Loan programs--business, Reporting and recordkeeping
requirements, Small businesses.
For the reasons set forth in the preamble, SBA proposes to amend
part 13 CFR Part 121 as follows.
PART 121--SMALL BUSINESS SIZE REGULATIONS
1. The authority citation for part 121 continues to read as
follows:
Authority: 15 U.S.C. 632(a), 634(b)(6), 636(b), 637(a), 644(c),
and 662(5); and Sec. 304, Pub. L. 103-403, 108 Stat. 4175, 4188,
Pub. L. 106-24, 113 Stat. 39.
2. In Sec. 121.201, in the table ``Small Business Size Standards
by NAICS Industry,'' under the heading ``Subsector 561--Administrative
and Support Services,'' revise the entry for 561612 to read as follows:
Sec. 121.201 What size standards has SBA identified by North American
Industry Classification System codes?
Small Business Size Standards by NAICS Industry
----------------------------------------------------------------------------------------------------------------
Size standards Size standards
NAICS codes NAICS U.S. industry title in millions of in number of
dollars employees
----------------------------------------------------------------------------------------------------------------
* * * * * * *
-----------------------------------------------
Subsector 561--Administrative and Support Services
----------------------------------------------------------------------------------------------------------------
* * * * * * *
561612........................................ Security Guards and Patrol $15.5
Services.
* * * * * * *
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[[Page 68374]]
Dated: November 3, 2005.
Hector V. Barreto,
Administrator.
[FR Doc. 05-22430 Filed 11-9-05; 8:45 am]
BILLING CODE 8025-01-P