Sec.  27.1218   Designated entities.

   (a) Eligibility for small business provisions. (1) A small business is an
   entity  that,  together with all attributed parties, has average gross
   revenues that are not more than $40 million for the preceding three years.

   (2) A very small business is an entity that, together with all attributed
   parties, has average gross revenues that are not more than $15 million for
   the preceding three years.

   (3) An entrepreneur is an entity that, together with all attributed parties,
   has  average  gross revenues that are not more than $3 million for the
   preceding three years.

   (b)  Bidding  credits.  (1) A winning bidder that qualifies as a small
   business, as defined in this section, or a consortium of small businesses,
   may use a bidding credit of 15 percent, as specified in  Sec. 1.2110(f)(2)(iii)
   of this chapter, to lower the cost of its winning bid on any of the licenses
   in this subpart.

   (2) A winning bidder that qualifies as a very small business, as defined in
   this section, or a consortium of very small businesses, may use a bidding
   credit of 25 percent, as specified in  Sec. 1.2110(f)(2)(ii) of this chapter, to
   lower the cost of its winning bid on any of the licenses in this subpart.

   (3) A winning bidder that qualifies as an entrepreneur, as defined in this
   section, or a consortium of entrepreneurs, may use a bidding credit of 15
   percent, as specified in  Sec. 1.2110(f)(2)(i) of this chapter, to lower the cost
   of its winning bid on any of the licenses in this subpart.

   [ 73 FR 26041 , May 8, 2008]

Technical Standards