Government

SBA Hikes Size Standards for Dredging and Land-Subdivision Construction Firms

Dredging companies and construction firms that do land-subdivision work soon will face a higher maximum revenue level to qualify for federal small-business aid programs offering, for example, loans and contracts.

A Small Business Administration final rule, which takes effect on Jan. 22, hikes dredging firms' "size standard" in average annual receipts, to $25.5 million from $20 million. Land-subdivision firms' mark rises to $25.5 million from $7.5 million.

Other SBA construction category standards were unchanged: General contractors' level remains at $33.5 million; specialty-trade contractors' mark is still at $14 million.

Pam Hunter McFarland was a Senior Editor of ENR and her expertise was: Sourcebooks, Environment, Labor

As ENR's former Washington Bureau Chief, Tom Ichniowski wrote about the federal government since the George H.W. Bush administration, and covered at least five major highway bills. A recognized expert on government policy on infrastructure and regulation, Tom is also a Baltimore native and Orioles fan who grew up rooting for Brooks and Frank Robinson. He is a graduate of Columbia College and Columbia’s graduate school of journalism, where he once used “unrelentless” in a headline.

Post a comment to this article

Live: June 23, 2026 at 2:00 pm EDT New market dynamics like competitive pressures and workforce evolutions are forcing construction companies to re-prioritize their investments. To strengthen cash flow, accelerate operations, and boost profits, learn how the focus now must be on optimizing digital transformation and financial management.