47 CFR 90.1021 – Definitions concerning competitive bidding process
Current as of: 2024 | Check for updates
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(a) Scope. The definitions in this section apply to §§ 90.1001 through 90.1025, unless otherwise specified in those sections.
(b) Small and very small business. (1) A small business is an entity that, together with its affiliates and controlling interests, has average gross revenues that are not more than $15 million for the preceding three years.
(2) A very small business is an entity that, together with its affiliates and controlling interests, has average gross revenues that are not more than $3 million for the preceding three years.