U.S. Code of Federal Regulations
Regulations most recently checked for updates: Aug 27, 2025
(a) Scope. The definitions in this section apply to §§ 90.910 and 90.911, unless otherwise specified in those sections.
(b) Small and very small businesses. (1) A small business is an entity that together with its affiliates and controlling interests, has average gross revenues that do not exceed $15 million for the three preceding years; or
(2) A very small business is an entity that together with its affiliates and controlling interests, has average gross revenues that do not exceed $3 million for the three preceding years.
