Federal Register - July 22, 2021
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Source: Federal Register
Federal Register / Vol. 86, No. 138 / Thursday, July 22, 2021 / Proposed Rules affected employees had total annual revenues of $115.1 billion from all sources Table 15.117 Transfers from small contractors and costs to small contractors in Year 1 $430.2 million are less than 0.4 percent of revenues on
average and exceed 1.0 percent in only the administrative and waste services industry 1.0 percent. Additionally, much of this cost will either be reimbursed by the Federal Government or offset by productivity gains and cost-
38883
savings. Therefore, the Department believes this proposed rule will not have a significant impact on small businesses.
Table 15: Costs and Transfers as Share of Revenue in Small Contracting Firms in Year 1
al
NAICS
Total Costs and Transfers $1,000s
Small Contracting Firm Revenues Billions b
Total as Share of Revenues
$2,311
$0.6
0.386%
21
$20
$0.0
0.072%
22
$224
$0.9
0.024%
23
$58,667
$27.1
0.217%
31-33
$5,155
$6.6
0.078%
42
$252
$0.5
0.047%
44-45
$25,127
$6.4
0.391%
48-49
$40,440
$15.2
0.266%
51
$4,883
$3.7
0.132%
52
$312
$0.2
0.149%
53
$274
$0.1
0.309%
54
$61,923
$20.0
0.310%
55
NIA
$0.0
NIA
56
$133,372
$13.1
1.015%
61
$8,252
$3.3
0.252%
62
$17,321
$5.9
0.294%
71
$15,390
$4.7
0.325%
72
$50,198
$5.5
0.912%
81
$6,122
$1.3
0.487%
$430,242
$115.1
0.374%
-a Excludes U.S. territories because SUSB does not include territories.
11
To estimate average annualized costs to small contracting firms the Department projected small business
costs and transfers forward 9 years. To do this, the Department calculated the ratio of affected employees in small
contracting firms to all affected employees in Year 1, then multiplied this ratio by the 10-year projections of
117 Total revenue for small firms from 2017 SUSB;
inflated to 2020$ using the GDP deflator. Revenues
for small contractors calculated by multiplying total
revenue by the ratio of contracting firms that are small.
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b Source: Total revenue for firms with less than 500 employees from 2017 SUSB, inflated to 2020$ using the GDP Deflater. Revenues for small contractors calculated by multiplying total revenue by the ratio of small contracting firms to total number of small firms approximated by those with less than 500 employees in the 2017 SUSB.
