For the first time in eight years, the Small Business Administration (SBA) raised small business monetary size standards in response to current inflation challenges. In both a final and an interim rule, the SBA updated the 496-size standards from a 2019 rule and added 14% to account for inflation today. Also, the SBA adjusted the economic disadvantage thresholds applicable to the 8(a) Business Development and Economically Disadvantaged Women-Owned Small Business (EDWOSB) programs along with the dollar limit for a combined total 8(a) contracts. 

Source: JDSupra