{"data":{"id":"us/47-cfr-27.502","jurisdiction":"us","citation":"47 CFR 27.502","heading":"Designated entities.","body":"Eligibility for small business provisions:\n(a)(1) 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.\n(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.\n(b) Bidding credits. A winning bidder that qualifies as a small business or a consortium of small businesses as defined in this section 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 or a consortium of very small businesses as defined in this section may use the bidding credit specified in § 1.2110(f)(2)(ii) of this chapter.","path":["Title 47—Telecommunication","CHAPTER I—FEDERAL COMMUNICATIONS COMMISSION","SUBCHAPTER B—COMMON CARRIER SERVICES","PART 27—MISCELLANEOUS WIRELESS COMMUNICATIONS SERVICES","Subpart F—Competitive Bidding Procedures for the 698-806 MHz Band"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-47.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:28Z","sha256":"75e40bd4cd9c59e3b59aaa4afbb2019d701848e446357cd977f7b332089c1a02","source_id":"us-cfr","stale":true,"prev":"us/47-cfr-27.501","next":"us/47-cfr-27.601"},"notice":"GroundRules: Original legal text. Not legal advice."}