*NEW* Effective December 5, 2017, the Milwaukee Metropolitan Sewerage District (MMSD) modified its Small Business Enterprise (SBE) certification program to align with the U.S. Small Business Administration (SBA) in its definition of a small business.
Previously, MMSD defined a small business as a business not exceeding 2.5 million in gross sales during the most recent calendar or fiscal year. Moving forward, a small business is defined as a business not exceeding the SBA size standard for its industry.
A size standard represents the largest size that a business (including its subsidiaries and affiliates) may be to remain classified as a small business. SBA size standards vary by industry classification and can be defined by average annual receipts for the past three years or average number of employees over the past twelve months.
Businesses can use the SBA size standards tool to determine if their business can be classified as a small business.
Learn more: https://www.mmsd.com/procurement/swmbe-diversity