§24.321. Designated entities.
47 C.F.R. § 24.321
Eligibility for small business provisions.
A small business is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $ 40 million for the preceding three years.
A very small business is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $ 15 million for the preceding three years.
Bidding credits. After August 7, 2000, a winning bidder that qualifies as a small business, as defined in this section, or a consortium of small businesses may use the bidding credit specified in § 1.2110(f)(2)(iii) of this chapter. A winning bidder that qualifies as a very small business, as defined in this section, or a consortium of very small businesses may use the bidding credit specified in § 1.2110(f)(2)(ii) of this chapter.
[Reserved]
Notes, amendments, and revision history
Amendments
[67 FR 45367, July 9, 2002, as amended at 68 FR 42998, July 21, 2003; 90 FR 57705, Dec. 12, 2025]
Source
Source: 59 FR 26747, May 24, 1994, unless otherwise noted.
Authority
Authority: 47 U.S.C. 154, 301, 302a, 303, 309 and 332.
Source
Source: 58 FR 59183, Nov. 8, 1993, unless otherwise noted. Redesignated at 59 FR 18499, Apr. 19, 1994.
Amendments
[67 FR 45367, July 9, 2002, as amended at 68 FR 42998, July 21, 2003; 90 FR 57705, Dec. 12, 2025]