§ 27.210   Definitions.

   (a) Scope. The definitions in this section apply to § 27.209, unless
   otherwise specified in those sections.

   (b) Small and very small business. (1) A small business is an entity
   that, together with its affiliates and controlling interests, has
   average annual 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 and controlling interests, has average annual gross revenues
   that are not more than $15 million for the preceding three years.

   [ 67 FR 45373 , July 9, 2002, as amended at  68 FR 43000 , July 21, 2003]

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Subpart E—Application, Licensing, and Processing Rules for WCS

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