Sec.  27.906   Designated entities.

   (a) Eligibility for small business provisions. (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 41856 , June 20, 2002, as amended at  68 FR 43000 , July 21, 2003]

Subpart K [Reserved]

Subpart L—1710–1755 MHz, 2110–2155 MHz, 2160–2180 MHz Bands

   Source:    69 FR 5716 , Feb. 6, 2004, unless otherwise noted.

Licensing and Competitive Bidding Provisions