[Code of Federal Regulations]

[Title 47, Volume 2]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 47CFR22.229]



[Page 37]

 

                       TITLE 47--TELECOMMUNICATION

 

                         COMMISSION (CONTINUED)

 

PART 22_PUBLIC MOBILE SERVICES--Table of Contents

 

             Subpart B_Licensing Requirements and Procedures

 

Sec. 22.229  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.



[67 FR 11434, Mar. 14, 2002, as amended at 68 FR 42998, July 21, 2003]