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47 CFR §27.1218

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Eligibility for small business provisions.
    1. (1)A small business is an entity that, together with all attributed parties, has average gross revenues that are not more than $40 million for the preceding three years.
    2. (2)A very small business is an entity that, together with all attributed parties, has average gross revenues that are not more than $15 million for the preceding three years.
    3. (3)An entrepreneur is an entity that, together with all attributed parties, has average gross revenues that are not more than $3 million for the preceding three years.
  2. (b)Bidding credits.
    1. (1)A winning bidder that qualifies as a small business, as defined in this section, or a consortium of small businesses, may use a bidding credit of 15 percent, as specified in § 1.2110(f)(2)(iii) of this chapter, to lower the cost of its winning bid on any of the licenses in this subpart.
    2. (2)A winning bidder that qualifies as a very small business, as defined in this section, or a consortium of very small businesses, may use a bidding credit of 25 percent, as specified in § 1.2110(f)(2)(ii) of this chapter, to lower the cost of its winning bid on any of the licenses in this subpart.
    3. (3)A winning bidder that qualifies as an entrepreneur, as defined in this section, or a consortium of entrepreneurs, may use a bidding credit of 15 percent, as specified in § 1.2110(f)(2)(i) of this chapter, to lower the cost of its winning bid on any of the licenses in this subpart.