In a victory for architectural firms, the Small Business Administration has backed away from a proposed major boost in the revenue a firm can have and still be rated "small." That ceiling governs eligibility for small-business programs, such as contracts set aside for such firms.Last year SBA proposed hiking the "size standard" for both architectural and landscape architectural firms to $19 million in average annual receipts, from $4.5 million for architects and $7 million for landscape architects. Under the higher caps, small firms would compete against much bigger ones for small-business set-asides. After architects flooded SBA with criticisms about the
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.