§27.702. Designated entities.
47 C.F.R. § 27.702
Eligibility for small business provisions.
An entrepreneur is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $3 million for the preceding three years. This definition applies only with respect to licenses in Block C (710-716 MHz and 740-746 MHz) as specified in § 27.5(c)(1).
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.
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.
Bidding credits. A winning bidder that qualifies as an entrepreneur, as defined in this section, or a consortium of entrepreneurs may use the bidding credit specified in § 1.2110(f)(2)(i) 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. 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.
Notes, amendments, and revision history
Amendments
[67 FR 5512, Feb. 6, 2002, as amended at 68 FR 43000, July 21, 2003]
Source
Source: 67 FR 5512, Feb. 6, 2002, unless otherwise noted.
Authority
Authority: 47 U.S.C. 154, 301, 302a, 303, 307, 309, 332, 336, 337, 1403, 1404, 1451, and 1452, unless otherwise noted.
Source
Source: 62 FR 9658, Mar. 3, 1997, unless otherwise noted.
Amendments
[67 FR 5512, Feb. 6, 2002, as amended at 68 FR 43000, July 21, 2003]