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The FEI also does not allow the Dr. Bristol. Both Dressage and Eventing disciplines allow the Dr Bristol in our U.S. national competitions My suggestion is that for USEF National Eventing Competitions we accept the same bits that USEF National Dressage competitions do in the interest of keeping it simple.
If you may want to set up a Dressage arena inside your regular arena, that requires more length. A small dressage arena is 20X40 meters (or about 66 feet by 132 feet), a large dressage arena is 20X60 meters. A standard size competition arena is about 100'X200' and is large enough for full jump courses and other uses. Also consider the fence material.