The U.S. Small Business Administration (SBA or Agency) has modified its method for calculating average annual receipts used to prescribe size standards for small businesses. Specifically, in accordance with the Small Business Runway Extension Act of 2018, SBA is changing its regulations on the calculation of average annual receipts … from a 3-year averaging period to a 5-year averaging period.
In March 2022, the System for Award Management Unique Entity ID (SAM UEI) will replace the DUNS number as the official entity identifier for CVE’s Verification Program. SAM will make the same transition in April 2022. Please visit
https://sam.gov/content/duns-uei for more information from SAM, or
Click Here to learn more about the impact on CVE’s Verification Program.