 So I've received a couple questions from people and they're asking me about size standards table They're looking on FBO and when you're looking on FBO, sometimes you'll run across the page where it's talking about the size standard So today we're going to talk about size standards And what does that mean when you're looking on FedBizOps or FBO at a solicitation? How do we interpret the Naxco where it says size standards table exactly. So let's look at a few solicitations right here I pulled down a solicitation from FedBizOps and here it's software-based warehouse and inventory management solution I went ahead and took the liberty of clicking through the attachment and I found here the actual solicitation for this job It gives you all the information as you can see Right there it says size standard at twenty seven million dollars. What does that mean when it says size standard? twenty seven point five million that doesn't mean that you need twenty seven point five million dollars in Or to compete for that project remember size standards are the determination for whether or not you're a small business So when we're talking about when they're asking here twenty seven and a half million They mean that as long as your business doesn't exceed that over a three-year window Then you qualify or you're eligible to participate in this particular project. All right So that's what that means when you see it on here on FedBizOps and you're looking at the solicitations You see size standards. You see the next code. It means that you can bid that project if your company doesn't do More than that in terms of annual revenue over a three-year window. Let's look at one more opportunity today Okay, and what I did was I pulled down this other one and This is an established up to three BPAs multiple deliveries for weed-free rock over a five-year window This one has to do with mining. So we look at mining and let me pull it up for you All right here when we look at the solicitation itself the attachment to it says the next code for this blanket purchase agreement is 212321 and the associated small business standard of 500 employees Again when they're talking about 500 employees, it doesn't mean that you need 500 employees in order to be able to qualify or in order to become eligible to bid the project It only means that that is the maximum number of employees over a three-year Average that you can have in order to be considered a small business and in order to participate in this solicitation All right, so I hope that clarifies some things again when you're looking at NAX codes and small business standards table These are maximum values in order to remain eligible to participate as a small business Not minimums to qualify. So again looking at the size standards table here when we scroll down the list These are maximum dollar thresholds and maximum employee thresholds to be considered eligible I hope that answers some questions from your folks out there. Thanks for watching as always. We'll see you next time