(a) Except with respect to licenses won in closed bidding in auctions that begin after March 23, 1999, a winning bidder that qualifies as a small business, as defined in Sec. 24.720(b)(1), or a consortium of small businesses may use a bidding credit of fifteen percent, as specified in Sec. 1.2110(f)(2)(iii) of this chapter, to lower the cost of its winning bid.
(b) Except with respect to licenses won in closed bidding in auctions that begin after March 23, 1999, a winning bidder that qualifies as a very small business, as defined in Sec. 24.720(b)(2), or a consortium of very small businesses may use a bidding credit of twenty-five percent as specified in Sec. 1.2110(f)(2)(ii) of this chapter, to lower the cost of its winning bid. [68 FR 42999, July 21, 2003]