(a) Eligibility for small business provisions. (1) 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 that are not more than $40 million for the preceding three years.
(1) 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 that are not more than $40 million for the preceding three years.
(2) 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 that are not more than $15 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 part.
(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 part.
(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 part. Sec. 27.1103 2000-2020 MHz and 2180-2200 MHz bands subject to competitive bidding.
Mutually exclusive initial applications for 2000-2020 MHz and 2180-2200 MHz band licenses are subject to competitive bidding. The general competitive bidding procedures set forth in 47 CFR part 1, subpart Q will apply unless otherwise provided in this subpart. [78 FR 8270, Feb. 5, 2013]