Rule reclassifies IT small biz

A rule that takes effect Jan. 28 will establish a new small-business category, Information Technology Value Added Resellers. The rule sets the standard to qualify as small at 150 employees. The class is for small businesses that provide IT equipment and multivendor hardware and software along with significant services on a federal contract.

Before the new rule, businesses that provided IT equipment along with services were classified as either manufacturers or nonmanufacturers, with a size standard based on employees. Those that provided primarily services, along with equipment, were classified as a computer services provider with a size standard based on receipts.

The new classification was created to eliminate confusing descriptions and provide a single size standard. It is part of an ongoing effort in the Small Business Administration to simplify the definition of small businesses.

Featured

  • Acquisition
    network monitoring (nmedia/Shutterstock.com)

    How companies should prep for CMMC

    Defense contractors should be getting ready for the Defense Department's impending cybersecurity standard expected to be released this month.

  • Workforce
    Volcanic Tablelands Calif BLM Bishop Field Office employee. April 28, 2010

    BLM begins move out of Washington

    The decision to relocate staff could disrupt key relationships with Congress and OMB and set the stage for a dismantling of the agency, say former employees.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.