§  27.1601   Designated entities in the 3450-3550 MHz band.

   (a) Eligibility for small business provisions—(1) Definitions—(i) Small
   business. A small business is an entity that, together with its
   affiliates, its controlling interests, and the affiliates of its
   controlling interests, has average gross revenues not exceeding $55
   million for the preceding five (5) years.

   (ii) Very small business. A very small business is an entity that,
   together with its affiliates, its controlling interests, and the
   affiliates of its controlling interests, has average gross revenues not
   exceeding $20 million for the preceding five (5) years.

   (2) Bidding credits. A winning bidder that qualifies as a small
   business, as defined in this section, or a consortium of small
   businesses as provided in § 1.2110(c)(6) of this chapter, may use the
   bidding credit of 15 percent, as specified in § 1.2110(f)(2)(i)(C) of
   this chapter, subject to the cap specified in § 1.2110(f)(2)(ii) 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 as
   provided in § 1.2110(c)(6) of this chapter, may use the bidding credit
   of 25 percent, as specified in § 1.2110(f)(2)(i)(B) of this chapter,
   subject to the cap specified in § 1.2110(f)(2)(ii) of this chapter.

   (b) Eligibility for rural service provider bidding credit. A rural
   service provider, as defined in § 1.2110(f)(4)(i) of this chapter, that
   has not claimed a small business bidding credit, or a consortium of
   rural service providers as provided in § 1.2110(c)(6) of this chapter,
   may use the bidding credit of 15 percent specified in § 1.2110(f)(4) of
   this chapter.