SBA Publishes Proposed Rule on Adoption of 2017 North American Industry Classification System (NAICS) for Size Standards

By: Christine V. Williams on 04/18/2017

Today, the SBA published its proposed Rule on adoption of the 2017 North American Industry Classification System (“NAICS”) as it relates to size standards. The SBA must receive comments by June 29, 2017. This update will include a short summary of the NAICS Code changes (“NAICS 2017”), why they were done, a link to the Federal Register Proposed Rule, and a somewhat rough reprint of certain charts from the Notice of Proposed Rule comparing the changes/demonstrating the effect of the changes. Please contact the author with any questions you may have.

Proposed NAICS Code Changes by SBA