47 CFR § 24.321 - Designated entities.

---
identifier: "/us/cfr/t47/s24.321"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "47 CFR § 24.321 - Designated entities."
title_number: 47
title_name: "Telecommunication"
section_number: "24.321"
section_name: "Designated entities."
chapter_name: "FEDERAL COMMUNICATIONS COMMISSION"
subchapter_number: "B"
subchapter_name: "COMMON CARRIER SERVICES"
part_number: "24"
part_name: "PERSONAL COMMUNICATIONS SERVICES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "47 U.S.C. 154, 301, 302a, 303, 309 and 332."
regulatory_source: "58 FR 59183, Nov. 8, 1993, unless otherwise noted. Redesignated at 59 FR 18499, Apr. 19, 1994."
cfr_part: "24"
---


# 24.321 Designated entities.

(a) *Eligibility for small business provisions.* (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) 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.

(b) *Bidding credits.* After August 7, 2000, 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 § 1.2110(f)(2)(iii) of this chapter. 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 § 1.2110(f)(2)(ii) of this chapter.

(c) [Reserved]

[67 FR 45367, July 9, 2002, as amended at 68 FR 42998, July 21, 2003; 90 FR 57705, Dec. 12, 2025]