§  27.1402   Designated entities in the 3.7 GHz Service.

   (a) Eligibility for small business provisions—(1) Definitions—(i) Small
   business. A small business is an entity that, together with its
   affiliates, its controlling interests, and the affiliates of its
   controlling interests, has average gross revenues not exceeding $55
   million for the preceding five (5) years.

   (ii) Very small business. A very small business is an entity that,
   together with its affiliates, its controlling interests, and the
   affiliates of its controlling interests, has average gross revenues not
   exceeding $20 million for the preceding five (5) years.

   (2) Bidding credits. A winning bidder that qualifies as a small
   business, as defined in this section, or a consortium of such small
   businesses as provided in § 1.2110(c)(6) of this chapter, may use a
   bidding credit of 15 percent, subject to the cap specified in
   § 1.2110(f)(2)(ii) of this chapter. A winning bidder that qualifies as a
   very small business, as defined in this section, or a consortium of
   such very small businesses as provided in § 1.2110(c)(6) of this
   chapter, may use a bidding credit of 25 percent, subject to the cap
   specified in § 1.2110(f)(2)(ii) of this chapter.

   (b) Eligibility for rural service provider bidding credit. A rural
   service provider, as defined in § 1.2110(f)(4)(i) of this chapter, that
   has not claimed a small business bidding credit may use the bidding
   credit of 15 percent specified in § 1.2110(f)(4) of this chapter.