# Small Business Size Regulations and Government Contracting Assistance Regulations; Very Small Business Concern
> **US Small Business Administration** · Final rule. · Published 1998-09-02 · Effective 1998-09-02 · 63 FR 46640
## Document
- **Document number:** 98-23656
- **Category:** final-rule
- **Agency:** US Small Business Administration
- **Federal Register citation:** 63 FR 46640
- **CFR reference:** 13 CFR 121
- **Publication date:** 1998-09-02
- **Effective date:** 1998-09-02
## Abstract

This rule amends the regulations pertaining to the Small Business Administration's (SBA) size and government contracting programs to incorporate the Very Small Business Set-Aside Pilot Program. It also defines what a ``very small business concern'' is for purposes of the SBA's small business set-aside program. Section 304 of the Small Business Administration Reauthorization and Amendments Act of 1994 (Public Law 103-403) authorized the SBA Administrator to establish and carry out a pilot program for very small business concerns. The Act defines a very small business concern as one that has 15 or fewer employees together with average annual receipts that do not exceed $1 million. The Act established September 30, 1998, as the expiration date for this pilot.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/09/02/98-23656/small-business-size-regulations-and-government-contracting-assistance-regulations-very-small)
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