Sec.  27.807   Designated entities.

   (a) Eligibility for small business provisions for 1.4 GHz band licenses in
   the paired 1392–1395 MHz and 1432–1435 MHz bands and the unpaired 1390–1392
   MHz band.

   (1) A very small business is an entity that, together with its controlling
   interests and affiliates, has average annual gross revenues not exceeding
   $15 million for the preceding three years.

   (2)  A small business is an entity that, together with its controlling
   interests and affiliates, has average annual gross revenues not exceeding
   $40 million for the preceding three years.

   (b)  Bidding credits . A winning bidder that qualifies as a very small
   business,  as  defined  in this section, or a consortium of very small
   businesses may use the bidding credit specified in  Sec. 1.2110(f)(2)(ii) of this
   chapter. A winning bidder that qualifies as a small business, as defined in
   this section, or a consortium of small businesses may use the bidding credit
   specified in  Sec. 1.2110(f)(2)(iii) of this chapter.

   [ 67 FR 41855 , June 20, 2002, as amended at  68 FR 43000 , July 21, 2003]

Subpart J—1670–1675 MHz Band

   Source:    67 FR 41856 , June 20, 2002, unless otherwise noted.