Sec.  27.209   Designated entities; bidding credits; unjust enrichment.

   (a) Designated entities entitled to preferences in the WCS in the 2305–2320
   and 2345–2360 bands auction are small businesses and very small businesses
   as defined in  Sec. 27.110(b). Designated entities will be eligible for bidding
   credits, as defined in paragraphs (b) and (c) of this section.

   (b) A winning bidder that qualifies as a small business may use a bidding
   credit of 25 percent to lower the cost of its winning bid.

   (c) A winning bidder that qualifies as a very small business may use a
   bidding credit of 35 percent to lower the cost of its winning bid.

   [ 62 FR 9658 , Mar. 3, 1997, as amended at  63 FR 2349 , Jan. 15, 1998;  65 FR 57268 , Sept. 21, 2000;  67 FR 45373 , July 9, 2002]