A contractor that represented itself as other than small before contract award may, but is not required to, rerepresent its size status when--
(a) The conditions in 19.301-2(b) apply; and
(b) The contractor qualifies as a small business concern under the applicable size standard in effect at the time of its rerepresentation. [72 FR 36855, July 5, 2007, as amended at 74 FR 11825, Mar. 19, 2009]