FCC 101.1429 Revised as of October 1, 2006
Goto Year:2005 |
2007
Sec. 101.1429 Designated entities.
(a) Eligibility for small business provisions. (1) A very small business is
an entity that, together with its controlling interests and affiliates, has
average annual gross revenues not exceeding $3 million for the preceding
three years.
(2) A small business is an entity that, together with its controlling
interests and affiliates, has average annual gross revenues not exceeding
$15 million for the preceding three years.
(3) An entrepreneur is an entity that, together with its controlling
interests and affiliates, has average annual gross revenues not exceeding
$40 million for the preceding three years.
(b) Bidding credits. 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 Sec. 1.2110(f)(2)(i) 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 Sec. 1.2110(f)(2)(ii) of this chapter. 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 Sec. 1.2110(f)(2)(iii) of
this chapter.
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