Sec.  90.1021   Definitions concerning competitive bidding process.

   (a)  Scope. The definitions in this section apply to  Sec.  Sec. 90.1001 through
   90.1025, unless otherwise specified in those sections.

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

   (2) A very small business is an entity that, together with its affiliates
   and controlling interests, has average gross revenues that are not more than
   $3 million for the preceding three years.

   [ 62 FR 15999 , Apr. 3, 1997, as amended at  67 FR 46376 , July 9, 2002;  68 FR 43001 , July 21, 2003]