New size standard for VARs

&#009;The Small Business Administration created a new industry category and size standard of 150 employees for value-added resellers that qualify as small businesses, according to a final rule published Dec. 29 in the <I>Federal Register</I>. The new rule is effective Jan. 28.

The Small Business Administration created a new industry category and size standard of 150 employees for value-added resellers that qualify as small businesses, according to a final rule published Dec. 29 in the Federal Register. The new rule is effective Jan. 28.

The new category is called "Other Computer Related Services," and has North American Industry Classification System code 541519. Previously, small IT resellers fell under the Wholesale Trade Sector industry category, and had a size standard of 500 or fewer employees.

The new category and size standard will better apply small-business eligibility requirements under federal contracts, according to the agency.

 

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