![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 47 - Telecommunication |
![]() |
Chapter I - Federal Communications Commission |
![]() |
SubChapter B - Common Carrier Services |
![]() |
Part 27 - Miscellaneous Wireless Communications Services |
![]() |
Subpart H - Competitive Bidding Procedures for the 698-746 MHz Band |
§ 27.702 - Designated entities.
-
§ 27.702 Designated entities.
(a) Eligibility for small business provisions.
(1) 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).
(2) 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.
(3) 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.
(b) 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.
[67 FR 5512, Feb. 6, 2002, as amended at 68 FR 43000, July 21, 2003]