Code of Federal Regulations (alpha)

CFR /  Title 47  /  Part 90  /  Sec. 90.1017 Bidding credits for small businesses and very small

A winning bidder that qualifies as a small business, as defined in Sec. 90.1021(b)(1), or a consortium of small businesses may use a bidding credit of 25 percent to lower the cost of its winning bid. A winning bidder that qualifies as a very small business, as defined in Sec. 90.1021(b)(2), or a consortium of very small businesses may use a bidding credit of 35 percent to lower the cost of its winning bid. [68 FR 43001, July 21, 2003]