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Glossary

NAICS code

A NAICS code is the six-digit industry classification assigned to a type of business activity. In federal contracting the contracting officer assigns one NAICS code to each solicitation, and that code carries the size standard that decides who is small.

Size standard

A size standard is the SBA's limit, stated in average annual receipts or in number of employees, below which a business counts as small for a given NAICS code and so may compete for set-asides.

2 results for "Size standard"

2 votes3 answers14 views

QuestionWhat is a NAICS code, and how do I pick the right one when three seem to fit my business?

I registered my landscaping company in SAM.gov a few months ago and now I'm trying to bid on a federal grounds maintenance contract I saw posted as a...

naics sam-gov size-standards

Jordan P.asked 21h ago

4 votes2 answers6 views

QuestionWhat is a small business set-aside, and how do I know which ones I qualify for?

I'm looking at some federal RFQs for grounds maintenance at military bases and federal buildings around Jacksonville, mostly under NAICS 561730. I...

set-asides size-standards naics

Jordan P.asked 21h ago