§ 27.1102   Designated Entities in the 1710-1755 MHz and 2110-2155 MHz bands.

   (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.

   (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
   § 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 § 1.2110(f)(2)(ii)
   of this chapter, to lower the cost of its winning bid on any of the
   licenses in this part.

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