StacksVerified U.S. regulatory reference

47 CFR §27.502

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Eligibility for small business provisions:
  1. (a)
    1. (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.
    2. (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.
  2. (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.