Section 90.1021 - Definitions concerning competitive bidding process(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.62 FR 15999, Apr. 3, 1997, as amended at 67 FR 46376 , July 9, 2002; 68 FR 43001 , July 21, 2003