Business Size & GSA

If you are new to the world of government contracting, you may be asking yourself what constitutes a “small business” versus an “other than small” business? These are vague terms for a reason, and largely depend on what NAICS codes your company primarily operates under. Your primary NAICS code inside your SAM.gov account ultimately determines whether your company is listed as a small business or other than small business (OTSB).

For instance, NAICS code 541611 lists any company who pulls in less than $24.5 million a year as a small business. Other NAICS codes may make this determination based on the number of employees a company has. The primary NAICS code listed in SAM.gov should correlate to the SIN you are pursuing inside GSA, and again will be the basis for whether or not your company is considered small, or OTSB.

Should your company size change as the years progress, you can update it at the time of option period renewal. For GSA contracts this opportunity arises every 5 years. For companies being designated as “other than small”, you will need to submit subcontract reporting plans to show how you plan to meet subcontract goals for the year. Annual reports will also need filed at http://www.esrs.gov. by October 30th to ensure subcontracting goals are being met.

As always if you have any questions about the general management of your GSA contract, please don’t hesitate to reach out to info@elevategsa.com.