This response was part of thread that had maybe 9 or 10 responses already. Somehow, I have entered it where this is the only comment other than the initial question. As a stand-alone comment, it is disjointed and out of place so I have deleted most of the original text and left only the overall part of my original comment.
In NAICS 541310 Architects, it is my opinion that the revenue threshold for qualifying as a small firm is way too high. I believe the current standard is $12.5 million in annual revenue. That would typically be a firm that is about 40 to 50 people. The AIA reports that 93.5% of all Architectural firms have less than 50 people and 75% of all firms have 9 or less employees. A firm with 9 employees probably has an annual revenue closer to $3m.
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Robert Smith AIA
Talley & Smith Architecture, Inc.
Shelby NC
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Original Message:
Sent: 10-09-2024 11:38 AM
From: Kathleen McCormick
Subject: Can Small and Mid-Size Firms Compete Successfully for Public Sector Projects?
Small firm members,
Please check out the lively discussion on the Public Architects KC forum asking "Can Small and Mid-Size Firms Compete Successfully for Public Sector Projects?"
FYI: It is a pre-chat for their FREE live AIAU Course on November 5, 2024 at 2:00 - 2:30 pm EST on Leveraging Public Sector Projects for Small & Mid-Sized Firms.
How did I see this convo? I was checking out the new AIA Community Hub feature "Member Home" -- it's like any of your other social feeds, all online.
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Kathleen McCormick
SFX staff liaison
The American Institute of Architects
Washington DC
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